18 arrested OneCoin scammers remanded to Indian police custody
Following the arrest of eighteen OneCoin affiliates in Mumbai, India last weekend, a Judicial Magistrate remanded the accused to judicial custody.
As I understand this limits police access to the accused, Mumbai police filed a petition to have the scammers remitted to police custody.
DCP (Crime Branch) Dileep Sawant said, “We need police custody for investigating the case and to get all details of the scam.
On Friday the petition was granted, giving police full access to the accused until May 3rd.
The Indian investigation into OneCoin meanwhile continues to escalate, with the Economic Offenses Wing putting together a fourteen team squad to handle the case.
“I have been asked to form the team and will be picking those with experience in such cases,” Senior PI Shivaji Awate, EOW-I, said.
Thus far OneCoin has failed to acknowledge the arrest of its affiliates or Indian regulatory investigation.
Thousands of Indian OneCoin affiliates have been left in the dark by the company as authorities close in. Scheduled OneCoin affiliate recruitment events to be held in India by top OneCoin affiliate Tom McMurrain were also promptly cancelled.
According to Alexa, India is currently the second and third largest source of traffic to the OneCoin and OneLife websites respectively.
onecoin has posted a response to the india arrests in the affiliate backoffice:
cutting through the BS, this^^ means that onecoin has hung it’s affiliates out to dry.
a few days ago indian affiliates were posting on FB that the company onecoin had been made aware of the situation in india, and would be taking ‘necessary action’ and there was nothing to worry about.
i wonder how the indian affiliates feel now, sitting in jail, with ruja blaming them for ‘misrepresenting’ onecoin.
if these affiliates were doing something wrong, then which indian affiliates are selling onecoin ‘correctly’ in india? which bank account are they collecting funds through, and is onecoin registered to do this business in india? or, is onecoin saying they don’t do any business in india?
if ruja thinks onecoin is legal in india, and only these handful of indian affiliates are to blame, she should come here. if macau tosses her ass out, she can hold her annual event here, because india has a soft corner for ‘education’ related activities.
but, neither she or her top lieutenants will dare step into india, and indian investors should ask themselves ‘why?’ before they think of investing in onecoin.
I guess that’s why nobody batted an eyelid when OneCoin announced tokens would no longer be sold in Germany.
And isn’t it funny how OneCoin only trots out the “we sell education excuse” after affiliates are arrested. Otherwise so long as new investment flows in they’re quite happy to drop the charade.
interesting FB conversation between yasir mirza, top onecoin scammer from the UK, and a [desperate] indian affiliate:
lol, AFTER affiliates get arrested, onecoin is ‘working’ on opening a bank account and getting RBI permission! an ‘international’ business was somehow not aware it needed bank accounts and permissions/registration before conducting it’s business in a country! lol.
indian affiliates who actually believe onecoin is ‘working’ to get RBI permission in india, or doing anything at all to resolve the problem in india, should wear dunce caps, stare at themselves in a mirror and say – hi, stooopid!
RE: Onecoin Compliance: “…the Company once again urges its IMAs that any violation of the above shall be subject to immediate sanctions”
I’m sure such sanction consequences have been sent to Tom McMurrain based the following than, correct?
“Its like trading $10 bills for $100 bills” – Tom McMurrain
“A 50,000€ Power Pack gets you $10 million or $20,000,000 worth of coins”
So, recruiting people using those statements is okay with Onecoin compliance? Or do the ‘sanctions’ not apply to Tom because he’s a “crypto expert” and is selling these using VPN in the USA, locally and abroad, where no arrests have yet occurred?
Tom McMurrain, OneCoin’s (ExPrisoned) Crypto Expert…OMG
What a controversy, in official company statement:
And after that :
We don’t sell investments products, but don’t worry for Your investment??? WTF
The German press sadly isn’t reporting about this :-(, maybe because they have been intimidated by OneCoin lawyer? sigh.
A lot of critical reports recently vanished from the internet. Including multiple articles written by two german attorneys.
yes, it is controversy in any regard, a lot of work is waiting for Interpol!
in a recent recruitment meeting online, tom mcmurrain made some hilarious claims:
– onecoin corporate tried to make changes to the unfair wikipedia article, but the poor things tried to make so many changes at one time, that they got blocked out! now, onecoin corporate is ‘working’ on the wikipedia article [whatever that means].
^^the true explanation is more likely to be, that inspite of onecoiners complaining to corporate about how the wikipedia article is harming their recruitment efforts, onecoin cannot do anything because they cannot dispute the ‘facts’ presented on wikipedia.
– frank ricketts, whose OPN sitetalk/unaico pyramid scam was bought into onecoin, is very experienced in legal matters. apparently, he fought against the governments of 11 [eleven!] countries and made them take down their warnings against OPN sitetalk/unaico!
but all this^^ heavy duty fighting made his billion dollar company financially weaker and so he brought his people into onecoin. [i didn’t even bother to check whether ricketts made 11 countries take down their warnings – because obvious lies are obvious]
so y’know, never mind all the governments warning [and banning] onecoin because – have no fear when frank ricketts is here!
mcmurrain says ricketts made ruja pay for legal opinions and put them in the backoffice, so he’s done all the due diligence required. mcmurrain scoffs at those people who want to buy only euro 550 packages, and yet ask questions about onecoin’s legality.
he implies that if a billion dollar company owner like frank ricketts has no problem with onecoin, then who are these bloody idiots with 550 in their pocket to ask questions?
– these jealous bitcoin people have a problem with onecoin and are bad mouthing it. you see, bitcoin people are mostly poor and onecoin people are rich, and so angry bitcoiners should be ignored [ya hear that tim tayshun?! 🙂 ]
besides, bitcoin should be grateful to onecoin, because onecoin has raised awareness about bitcoin. in fact, onecoin is going to cause bitcoins value to go up [….and so bitcoiners should be properly thankful instead of bitching about onecoin].
– governments who are publishing warnings about onecoin and calling it a ponzi scheme, don’t have any frigging idea about what ponzi schemes are! frank ricketts the slayer of 11 governments, has done all the due diligence ever required into onecoin, so who the hell are these governments!
his video has 3.7k views, and i wonder how many dumbasses are going to send him their money, believing that a convicted fraudster [who spent 5 years in jail for ponzi fraud] is more believable than regulators of various countries who all believe onecoin is a fraud, a ponzi, and should be avoided.
Yeah um, this never happened.
A internal chat of of OneCoin Diamant Leader Ralf Paulick leaked to gerlachreport (gerlachreport.com/files/content/OneCoin/PanikRalf.png).
I translate a few sentences:
Maybe it is wort a own article how OneCoin is censoring the media.
They haven’t censored anything yet though.
The few examples in the other letter were lawyers trying to drum up business based on the BaFin decision and some random pages.
As a side note, what I found to be highly interesting is to use a legal and public tool for displaying publicly available facebook information, such as stalkscan and to check e.g. a fb account like /ruja.ignatova with that, the outcome is quite interesting.
“Groups” alone is a goldmine. Pictures and Posts are, too.
I’m sorry, you have to be logged in to fb to display that data.
LETS do our best TO STOP MACAU event!!
This ponzi pimps IGOR E ALBERS, ZAFAR, PETROVIC,JUHA PARHIALA PUMPIN UP SCAM HARD!!
@Jakob – Igor “Clown Suit” Alberts has this to say about the Event and about the eminent “Split”
UNBELIEVABLE!!! QUOTE: “THE SPLIT IS COMING! THE SPLIT IS COMING!!! HURRY AND UPGRADE YOUR PACKAGES!! THE SPLIT IS COMING!!!!”
(must see to believe) – and no, this isn’t AT ALL about “investment!” LMAO
IGOR, GOING FROM SELLING ORGANO GOLD COFFEE TO DIGITAL CURRENCY EXPERT LMAO!!!!
THEY MAKE ASAIN PEOPLE LIKE A PUPPYS , INVESTING TONS OF CASH IN ONELIFE!
I KNOW LOTA OF PEOPLE IN ASIA WHO WERE INVESTING 20,000€ OR MORE NOW CEYING CAUSE CANT SELL
MIHAEL PETROVIC, AND IGOR E ALBERTS !!
You seen the village idiot tonight. He’s really on one. Sure he’s lost the plot but his sheep are encouraging him!
Not long now – actually hoping Macau goes ahead and the Chinese police go for broke. Loads of top leaders arrested on YouTube might just push it over.
one coin is definatley a scam but its not going bust anytime soon. Its too small and underground to be caught and i know of people who are making good money and providing for their families
This video seems to have been made possibly immediately before the arrests. Team InTowin and maybe a few featured herein could have been some of those “4 Sr. Members of the organization,” and at least certainly some of the 5 others still on the run.
The main dude Navi Mumbai really need To capture though is Richard Carvalho. He lays low on social media but may have 10,000+ in his downline.
He’s a dirty rat, filthy mouth, too. Was in Lazaar’s upline and made a nasty revenge video/ slideshow of her when she started blowing the whistle on Ruja and the 80,000 Serbian user remittance deal that she (Lazaar) had allegedly plated for the company in early April, 1016 (Lazaar definitely had some heavy political and socially/ financially affluent connections, which I’ve confirmed).
Onecoin never had a blockchain, however, which lead to a confusing and embarrassingly short meeting between the #KleptoQueen herself and two influencers (one a Vegas money/ casino mogul; the other aa Serbian politician).
Had the dumb-dumbs actually just have implemented a shit-coin script from the beginning, they would have actually had a tiny chance on turning a scam coin into a usable and scalable dime-a-dozen Alt.
thanks for the link tim.
I find it highly interesting that everybody around the Globe seems to use the “mother” company’s PR material as a “hook”.