26,000+ OneCoin downline abandoned by “top leaders”
I don’t really follow chatter surrounding the bigger downlines of MLM companies too closely, but over the last few weeks OneCoin has been rocked by a series of high-profile departures.
“Top Earner” David Imonitie, formerly of Organo Gold fame, joined OneCoin last October. For reasons he doesn’t go into, earlier this month Imonitie confirmed he had since left the company.
Under a murky deal allegedly reached between Ruja Ignatova and Armando Contreras, most of the US OneCoin affiliates have also jumped ship for iPro Network.
Well, at least those that can. Tom McMurrain did go soft on his OneCoin spam for a while. But amid rumors iPro Network wouldn’t have him, he’s gone back to promoting OneCoin by telling people how much they suck.
Amid an ongoing investigation by London police, now news that those at the top of one of the largest UK downlines are also leaving OneCoin.
Well, sort of.
The brothers Moyn and Monir Islam head up “ODT GoPro”, one of, if not the largest UK-based OneCoin downline.
According to the brothers they sit atop a OneCoin downline numbering over 26,000.
With rumors swirling about their departure from OneCoin over the past week, the Islam brothers have confirmed as much via a Facebook video post.
Published a few hours ago, in the video the Islam brothers claim that, despite the OneCoin doing “amazing things” for them since they joined fourteen months ago, they are now choosing to “walk away” from a “multiple six-figure income.
We want you to know that it was not just done (the decision to leave) by (the) two of us.
It (the decision) has been done by a collective force.
If you’re wondering why the Islam brothers are leaving OneCoin – you’re not alone… and they know it.
We know you all are thinking why did these guys give us so much belief and confidence and suddenly they just decided to leave.
We want you to understand that this is not a decision made over night, but rather it has been a build up of unanswered questions … (which have) been dropping our confidence in terms of longevity of the company.
We stayed maybe longer than we should have for obvious reasons.
We stayed because we are committed. We stayed because we believe things can change for (the) better. We stayed for loyalty and most importantly, we believe in the promises that was given (to us).
Keeping in mind they’re addressing a downline of over 26,000 who have money in OneCoin, at this point you’d expect the brothers to go into what promises were broken.
No such luck.
What we realized (is that) our belief is no longer there. And we cannot promote the way we used to promote, or tell someone they can come here and win big at their desired level.
Or at least the same level as us and what we have achieved.
That is when we decided that we cannot promote, ourselves, this business and this company anymore.
Based on what we know, we have made a decision.
Rather the brother’s dance around why exactly they left. Meanwhile as for “staying on longer than they should have”, that one is easy – money.
The Islam brothers are quick to reassure their following that their ODT GoPro relationship is still intact.
Presumably ODT Go Pro will be hitched to another MLM business opportunity at some point. And it very much feels like that is the point of the Islam’s video, as opposed to coming clean with their downline about why they’re leaving OneCoin.
Later in the video the brothers address why this is the case.
It is a true fact that we won’t be networking for OneLife, however we believe in Doctor Ruja’s vision.
We believe in the coins, this is why we still have our accounts. We still have the coins.
Ignatova has whatever the Islam brothers have invested and reinvested into OneCoin hostage.
Like everybody else, the brothers have been unable to cash out their Ponzi points for around a year.
And so instead of being honest about why they’re leaving and explaining everything, the Islam brothers tiptoe around inferring the money in OneCoin recruitment is no longer there.
This conveniently highlights the primary difference between OneCoin’s Ponzi points and legitimate cryptocurrency.
With a legitimate cryptocurrency, nobody can take that away from you. What’s your is yours.
In OneCoin, if you’re a top leader and decide to leave, best you believe you’re not explaining why – if you want to keep your invested balance.
Dare to speak openly and honestly about the company, and Ignatova will cancel your account faster than you can spit out a pitch for your new “the next bitcoin” opportunity.
It is important that you understand that we don’t believe in OneLife as building a long-term network marketing business, however we believe in OneCoin (because that’s where our money is tied up).
And that’s exactly what’s going on here with the Islam brothers.
In a possible attempt to distract affiliates from recent high-profile departures, last week OneCoin magically increased the value of everyone’s Ponzi points by 25.5% to 9.85€.
Unfortunately it seems more and more of their affiliates are realizing the silliness of boasting about the rise, when nobody can actually convert their points to cash.
That’s what the Islam brothers probably wanted to tell you, but couldn’t.
Update 23rd January 2024 – Ted Nuyten quietly deleted all OneCoin coverage on BusinessForHome in January 2024.
This article originally contained links to cited BusinessForHome articles. Due to the deletion of the content, those links have now been disabled.
Nuyten hasn’t publicly addressed why OneCoin coverage on BusinessForHome was deleted.
one of the tricks top scammers in ponzi schemes use, is to let their investors [whom they have stolen money from] down gently.
so, the islam brothers have devised a two stage exit:
– hey, we know inside stuff which is making us stop selling onecoin any longer. this is to protect you, our downliners, whom we are here to Help!
We are not going to burden you with the Whys, we are nice guys in tight suits who want to protect your future with ODT gopro. ODT gopro is here to serve you for all time to come, so keep investing with us!
– hey, your money which you invested in onecoins is still Safe! we wont network onecoin anymore, but your money will bring you returns in the Future, because we still Believe in onecoin. so, don’t be asking us about your money or get pissed at us, because your money is Still Safe.
the islam brothers are already working at pitching their next opportunity, and at some point in the future they will gently let go of their Belief in onecoins too.
like – c’mon guys, look at what were giving you Now, a great opportunity to earn a gazillion dollars! what, your’e still stuck on onecoins?! forget that shit!
stealing from people and yet convincing them to remain their loyal lapdogs, is an art that these confidence tricksters have honed over years of thievery.
the real truth: onecoin is crashing, top leaders are leaving the sinking ship, people at the bottom have lost their money. finis.
sometime in late feb 2017, ken labine the idiotic onecoin top affiliate from canada, went off on a longish vacation.
he posted some onecoin stuff on FB on his return on march 10th, but seems to have fallen silent since.
i suppose he needs time to figure a response to top leader daniel grenon of canada leaving onecoin, and all the other departures too. orrrr maybe he’s figuring how he can slither out himself.
start writing your byebye note labine, you can borrow a page from the islam brothers to minimize the humiliating effect of egg on your face!
Part 11 in the series on the technical analysis of the OneCoin “blockchain”.
Topic: conversion/exchange of OneCoins for OFCs, Options for Future Certificates.
NOLINK://onecoinonelifefacts.blogspot.com/2017/03/analysis-of-onecoin-blockchain-part-11.html
Conclusions:
1. It is unclear what OFCs – Options for Future Certicates – are.
2. It is possible to exchange/convert OneCoins for OFCs. The conversion from OneCoin in the CoinSafe Account is executed without any waiting time. In other words: there is no waiting at all for the next “Block” to be created.
3. None of the four exchange Transactions we executed is visible on the BLOCKCHAIN screens, while the onelife.eu website states that detailed information on each mined block and performed transactions is visible.
4. This is new conclusive proof that OneCoin transactions are not recorded in the “Blockchain” and hence that the Blockchain is simulation software connected to separate database tables with fake Block and Transaction data.
5. This is new conclusive proof that OneCoin Founder Dr. Ruja Ignatova lied when she said that all transactions that are done by OneCoin members are visible in the Blockchain.
Now that Canada’s Daniel Grenon is gone from OneLife, Labine will be pretty much the highest profile leader in Canada.
I don’t believe Labine is planning to leave. Labine, Joby Boughey and Lee Oshea will probably still be hyping when everybody else is jumping ship.
Snort. They didn’t do the proper due diligence, and now they’re trying to claim they are “smart” to walk away.
This is all spin doctoring, trying to keep their downlines in line, AFTER they pocketed all the commission.
they always knew it was a scam and they’re smart enough to walk away before it crashes, so that people don’t think they’re idiots, and continue to invest under them.
these guys are hardened scamsters, they’re not a couple of naive newbies who didn’t do the proper due diligence.
Very True Anjali,
WHY ON EARTH WOULD ANYONE WANT TO WALK AWAY FROM A 6 FIGURE MONTHLY INCOME?? (CAPS ON PURPOSE)
They know its not going public, they know the coins are worthless. They want to keep a clean name so they can take all their followers to the Next SCAM.
If they were true leaders, they would share their concerns (around the 2 min mark of the clip) with everyone, especially their team.
Is the 6-figure “income” even real?
Most of the top scammers list on businessforhome.org is occupied by OneCoin thieves. Is some of that “income” from the fake “value” of the coins?
The actually admitted on their own video that they earn a 6 figure monthly income… this is nothing to do with their coins etc
The big money dried up and the scrutiny is getting to be a bit much. Time for them to move on to the next opportunity of a lifetime.
Pretty typical for pushers of mid to high ticket scams like OneCoin.
With no monthly commitment required from downline, income plateaued and is probably plummeting so it’s time to go.
Of course the problem with doing that is they will lose the illusion they have spent so long to build up that they are not thieves and scumbags and everything they do is in the best interest of their 26,000 followers. Riiiggggghhtt!
Can’t have that if they are gearing up for their next scam to fool you into joining!
Haven’t we learned yet that leaders are as clueless as you or me and the only difference is they have more sheeple follow them.
If you are going to join something then do your own research before listening to them. Onecoin was a typical snakeoil salesman pitch on a ponzi scheme where you are paying something for nothing with no hope of ever seeing any of that money again.
And what time and money you could’ve saved by actually doing some research into what you were spending your money on, only to find OneCoin never was any type of cryptocurrency?
Listen to these leaders by all means but do your own research and don’t take what they tell you as the whole truth 🙂
a few hours before releasing their video about dumping onecoin, the islam brothers were speeding around in their expensive car, dancing to loud music and yelling something about – we’re going to take off! wait for the wave!
how many of their 26000 downline members lost money in onecoin so that the brothers could buy that car and sing happily just before leaving onecoin?
how many of these idiots are going to ride the ‘new’ wave with the islam brothers so that they can make some more expensive purchases? a mansion probably?
while the islam brothers have no remorse about losing their followers money in onecoin, some people are clearly upset. on FB a few hours ago:
yeah maybe god, or karma, or the london police – something or the other will catch up with them. there’s no free lunch.
maybe their tight suits will suffocate them! 🙂
there is some talk on moyn islam’s FB page of people ‘knowing’ something about onecoin and reacting to it:
i wonder is this ‘knowing’ has anything to do with the police investigation in the UK. hope it is!
The Islam brothers and other top recruiters have made their money back through active recruitement.
Whatever funds they invested into purchasing packages, they have long gone recovered their money.
I spoke to one Malaysian recruiter several months ago when it was highlighted in Germany and he had the audacity to say his job was to share the opportunity and that it was up to the prospects if they wanted to take it up or not.
He doesn’t have even the slightest bit of remorse that his downlines are losing money!
I actually have a video of Labine holding up two eggs and saying Oz has egg on his face, demanding he apologise, and asking if he is man enough to do a live hangout so he can admit he was wrong.
I’ve been collecting video clips of these idiots for a while, to be released when OneCoin finally implodes. Some of it is absolutely hilarious, like the Aussie affiliate that is sure Ruja will be awarded the Nobel Peace Prize, lol.
Thanks for the quote from Moyn Islam’s FB. Have a screen cap and giving it a run on Twitter @OzDelphi
Coincidence! Payout Delays!!! increase in transactions. extremely successful launch of DealShaker. slight delay in Payouts #OneCoin #scam t.co/9B4AazWmSi
Credit: Onecoin.OneLifeFACTS
Interesting, maybe a coincidence, or part of the collapse?
Screenshot: NOLINK://pbs.twimg.com/media/C60DMWZWwAAs2P8.jpg
@Anjali
The line you quoted from FB:
Are people even able to get any money back now? With the XCoinX being down and all their bank accounts being shut down now?
These “Leaders” on Onecon are organised, professional criminals. They are conning people out of multi-millions and should face the punishment that such a crime deserves.
The trouble is, the more they get away with it, the more other copycats will try and the more desperate those how have lost money become and join the next one hoping to make back their losses.
Madness.
Oh, really!!!! hahahaa
OneLife Newsletter: us9.campaign-archive2.com/?u=cf9659fd672fe664d487e7e1b&id=71e4fbccad&e=a0e0b3336a
Anybody noticed that those weekly OneLife State Of The Nation Webinars are no more coming. Last one came out end on January.
State Of The Nation is kaputt.
See Labine is still posting his infant school drivel. If any person derserved arresting over this scam he’s the one!
You can imagine him in handcuffs saying “it’s ok – they’re just haters – we are on the way to a million merchants”.
As we are definitely in the endgame will OC see April 1st for Ken??
And as everybody involved in this sorry tale is either a victim or a scammer………
It’s been almost a month.
First of its kind to “accept” Monopoly play money, but overpriced to account for the non-value of the fake coins and Ignatova fees.
If it’s the first of its kind, there’s no precedent, duh!
Some kind of success(!) With supposedly over 3 million members and apparently thousands of merchants, 1,000 coupons per day is a total failure.
By comparison, see Groupon stats: expandedramblings.com/index.php/business-directory/19775/groupon/
There are a dozen “right in front of your face” reasons why anyone with half-a-brain would see OneCoin as a scam.
But, for now…..let’s put ALL OF THEM aside and address just ONE.
Can any of the OneCoin scammers explain to me how this lady from Bulgaria magically created an additional € 240,000,000,000 overnight?
Tom McMurrain, Kevin Foster, Sarah or Rob McGee, Ken Labine, Lee Oshea, Joby Boughey – care to enlighten us?
120,000,000,000 coins x € 2.00 (increase) = € 240,000,000,000 (Yes, that’s € 240 Billion)
Let’s have some fun with these totally insane numbers by showing how (with the click of a mouse) Ruja just created value that exceeds the TOTAL MARKET CAP of the following companies:
COMPANY BILLION
Procter & Gamble 233.4
China Mobile 224.5
Wal-Mart Stores 214.4
Royal Dutch Shell 211.7
Visa 209.4
Anheuser-Busch 208.7
(Ozedit: See link below for the rest of the list, we don’t need thirty specific examples cluttering up the comments)
Source: NOLINK://dogsofthedow.com/largest-companies-by-market-cap.htm
It took some of the companies listed above decades to do what Ruja did overnight! NOTE: None of the companies listed above are domiciled in Bulgaria. Hmmmmmm
Tom McMurrain laughed at his Facebook contacts that used Google to research information on investments and financial services.
Well, let’s take a look at some of the fine folks who have totally bought into the Magical Powers of Ruja and don’t even ask questions about HOW SHE creates Billions and Billions of value with the click of her mouse:
Tom McMurrain – convicted felon
Sarah McGee – Former Auto Packer at Georgia-Pacific
Kevin Foster – Former Service desk & Supply Chain Support at AT&T Center, Former Barista at Starbucks, Former Assistant Manager at Pizza Hut
Ken Labine – his girlfriend has an actual job so he can stay home and sit on his butt.
We know all of the above scammers read BehindMLM. Will any of them respond?
* * * ONECOIN LEADERS JUMPING SHIP * * *
David Imonitie
Moyn Islam
Monir Islam
Daniel Grenon
Ed Hartley
Touhid Rahman
Hmmmmmm. I wonder if the scammers who have publically stated they were leaving OneCoin realized the ONLY Magical Powers enjoyed by Ruja is her ability to make investors money disappear.
I have heard that many of the OneCoin scammers who remain are getting paid “extra compensation” on their entire downline of investors. Why not? Since the owners never intended to return the initial investment (much less profits) to the greedy, naive folks who sent their money to Bulgaria, Ruja and Company can pay the Top Scammers say…..50% and still have 50% left for themselves.
I’m not sure how the final chapter at OneCoin will be written. However, one thing is certain. The “timing” of the last chapter is upon us.
I doubt the regulators here in the USA want to be the LAST country to take action on this criminal organization and their unregistered reps.
Why do some people follow these so called “networking leaders” into the next scam? What happened to “lost credibility” and “can’t be trusted”? There are a lot of stupid people trusting these so called “networking leaders”.
– the few who have made money want to continue their winning streak and so stay on the team
– the majority who lose money want to recover their losses by staying on the team – because, after all the leaders made a lot of money, and they might make money too this time by sticking with them. it’s called FOMO – fear of missing out.
while the islam bros FB announcement of leaving onecoin has mostly been met with fellow scammers going – yay! lets move on!- types of comments, their victims are slowly finding their voice.
of course the islam bros wont respond to these complaints, so we should help out:
Login to OneLife backend shows a banner saying that they are having trouble paying out due to “increased number of transactions” that the DealShitter platform has caused.
They mine 1440 blocks per day and can’t handle less than one transaction per block?
Mind you this is the ultimate blockchain that was said to outperform Visa and Mastercard!
Even their lies are not consistent with each other.
Onecoin collapsing a bit more quickly than expected but will be milked till the last possible moment.
Jose Gordo is to fill in for the missing Islams.
But the worst may still come for the poor people who will lose their money namely that Onelife together with their partners in the Bulgarian Mafia have thousands of bank account details, copies of proof of address and photocopies of passports or national identity cards from anyone who KYC’d.
In the meantime Kari Wahlroos (OneLife Ambassador) is doing fine
facebook.com/photo.php?fbid=1309995902380669&set=p.1309995902380669&type=3&theater
In the meantime “the Queen of the Crypt takes a hefty cut of each deal”.
Heres ari widell latest article: kusetukset.blogspot.de/2017/03/cash-strapped-onecoin-pleads-for.html?m=1
Payouts actually stoped in OneCoin…. Is this the end?
2.bp.blogspot.com/-HA7txr9a5Fk/WMbZHWcSUSI/AAAAAAAABpQ/m_oV-P2AVE8DWCXnbqb0sv1j8fYUqPv_gCLcB/s1600/no_money.jpg
MLM Broken Model,
Isn’t it more than €240 Billion with the €2.00 increase? Wouldn’t it be the value Ruja has set for the price of a coin with this increase?
Latrine’s latest rant. Are we supposed to think he’s stupid because he can’t spell Their?
Being a knob is a misfortune not a priveledge! Tell Ken!
Have you guys enough documentation to assist the authorities to take care of these disqusting persons?
There must be a way to prosecute some of these criminals.
someone left an intriguing comment below the islam bros video announcing their departure from onecoin:
have the islam bros left onecoin because of an impending announcement from UK regulators or because they ‘knew’ onecoin was running out of money [ as evidenced by the latest announcement of a temporary halt in the payment of recruitment commissions]?
IIRC, xcoinx also spluttered on and off before being completely shut down, and commission payments may also meet the same fate.
another downline member of the islam bros is asking fellow victims to approach authorities:
the london police would be a good place to start, to register complaints against the islam brothers.
Labine posted this on Facebook after this tweet:
NOLINK://twitter.com/OneCoinFacts/status/841750115392057344
It looks like he deleted the Facebook post which is visible in the tweet and after that he published the post with “THANKS TO THE HATERS AND BLOGGERS”.
You’re welcome Ken. The proof has been saved and the Whistleblower Report is in the making.
We are Anonymous. We are Legion. We do not forgive. We do not forget. Expect us. 🙂
Labile was posting on his FB some time back asking leaders for someone to explain OFC’s to him. How funny would it be if Frank Rickets, Kenny Nordlund and Sebastian Greenwood all jumped at the opportunity to explain them to Ken? Lol.
After all, they invented the acronym during the Unaico ponzi. That worked out quite well for the trio, of course! Investors? Not so much.
Anyone know if the OFC TOS/ T&C still illegible, like a can of spilled Alphabet Soup on paper?
@ Lynndel “Lynn” Edgington
Not sure I understand your question. The €240 Billion figure is just the INCREASE value with the most recent move from €7.85 to 9.85€. The total Market Cap of OneCoin is now €1.2 Trillion.
Ruja understands that if you are going to lie, make it a big one.
NOLINK://en.wikipedia.org/wiki/Big_lie
I laughed when I saw the word “coined” in the 1st paragraph. Could this be where Ruja hatched the original idea of the OneCOIN ponzi scheme?
A big lie (German: große Lüge) is a propaganda technique. The expression was coined by Adolf Hitler, when he dictated his 1925 book Mein Kampf, about the use of a lie so “colossal” that no one would believe that someone “could have the impudence to distort the truth so infamously.”
Hitler claimed the technique was used by “the Jews” to blame Germany’s loss in World War I on German general Erich Ludendorff, who was a prominent nationalist and antisemitic political leader in the Weimar Republic.
So, yes….according to Ken Labine, Kevin Foster, Lee Oshea, Sarah McGee, Tom McMurrain, OneCoin now has a market cap of €1.2 Trillion. AND…..they believe it!
How much is €1.2 Trillion? It took Apple 40 years to reach a $140 Billion Market Cap. In less than 3 years, Ruja has created a company with 8 TIMES the entire market cap of Apple.
So, Ken Labine…..how you like them Apples?
The figures above on the Total OneCoin Market Cap (increase) are not correct. You should not look at the total number of OneCoins to be “mined” (120 billion) but at the total number of OneCoin currently in circulation, i.e. about 13,5 billion.
So in most calculations above you must shift the decimal point one position to the left for a rough estimate. Still ridiculous figures of course.
MLM Broken Model,
Thanks for your answer and it was exactly what I was hoping you would explain even though I didn’t make myself clear. Who knew how mighty the mouse could be with just one click.
Yes, as MikeR said, market-cap is calculated: Available Supply (coins) * coin value.
At the moment it is: 13.44 billion coins * 9.85€ = 132.4 billion euros.
Increasing close to 0.7 billion euros a day
And as said, still totally ridiculous.
Thanks for the correction – duly noted. It’s like the difference between authorized vs issued shares in a publicly traded company.
The point being….. she has created everything out of clear air with no reference to reality. So, One Trillion vs 100 Billion….what the hell. They’re only made up numbers anyway.
The trick is to make the LIE so big that her partners in crime can us use it to prey on the ignorance and greed of others. It was done so guys like Tom McMurrain could say “We’re bigger than Bitcoin”.
Here are a few comments from just a few of Tom’s victims from today.
Tom’s post:
M.P. – and Im so grateful Im one of those who thirst after this knowledge.. thank you too all who share there wealth of knowledge onto me and many many others who are prepared to learn…
F.D. – You’re a genius Tom, thanks for sharing all your knowledge
R. C. – I’m so proud beeng a member of one coin/ onelife family..keep up your good work sir Tom…
E.E. – Ignorant, sadly, is a large community of losers.
They don’t even suspect that whatever was invested is long gone. Just to show how good Tom is at the game, most of them refer to him with reverence…even genius. Almost all of them THANK Tom for taking their money. Jeez!
Alterego: we all know Mr ‘Latrine’ is practically illiterate but let’s not lower our standards especially whilst lambasting him directly. I think you’ll find it’s ‘privilege’ not ‘priveledge.’ X
OneLife now alleges 3 million victims. Curiously, i have 1/5000th that amount of FB friends and my posts revive more comments.
Recently, OneLife Official FB page had a post showing 96 comments in which all but ONE was deleted.
Marvin Sambo, Top OneCoin Earner in the Caribbean islands (from Curacao) has officially left the company. This was confirmed in a zoom cast last night at 11pm Caribbean time.
Igor Alberts and Andrews Cimbala both made guest appearances reassuring members that they’ve never been Moore confident in the company, of course, while other leaders in the call invoked prosperity and addressed their pawns as “Generals.”
Andersen Chester seems to have taken over Sambo’s downline, while Dwayne Mark Anthony, Cordel “King” James, Zain Malik, Gordon Stenhuijs, and Patrice James remain To Leaders over the territory.
These guys (defectors) seem unwilling to issue any statements that contain an ounce of substance. However, I have confirmed that he and Ed Hartley have definitely received and reviewed the Mufti’s Research Paper and other information about Onecoin that most members have been driven away from.
I wonder whether there are threats or maybe NDA in place between them and the Company or why they are all so “soft?”
OneCon/ OneLife Notworth have issued a Press Release stating that OneCoin have now been cleared by Swedish Authorities.
Of course the don’t link the original document, nor do they mention what’s going on in Italy, but it will certainly be lapped up like a bowl of cold water by a dog in the desert.
onecoin.eu/en/press-releases
Haha I do wonder. I’ll phone the Police tomorrow morning (sw.time We’ll see what info i can get).
Hjamrdon. I do apologise for my schoolboy rrror. As a fellow pedant I am enbarrasssed. I posted last night but it was removed – presumably by the moderator. I’d love to know why ?
If you are able, ask them if they really investigated the ‘cryptocurrency’ like Onelife is claiming. And if not do they know the company and its reps are claiming so.
Personally I’m waiting for something from the Gaming Board police. OneCoin have a history of making things up.
Or put another way, the Total Market Cap of the top 100 publicly traded and real cryptocurrencies is $26,119,769,359.
This makes OneCoin have 5 times the total market cap of all 100. Sure glad this is not a Ponzi.
MuroBBS has a police document (Swedish) dated March 15th?
murobbs.muropaketti.com/threads/onecoin-uusi-pyramidihuijaus-krp-rikosta-voidaan-arvioida-luotettavasti-vasta-myoehemmin.1197240/page-614#post-1718241106
Why don’t the Islam brothers come clean and tell us why their accounts have been frozen by the company?
Why are they mascarading they decided to leave rather than they have been forced out?
And you’re basing that allegation on what?
Some examples which show how the decision is used as marketing material by crooks who know perfectly well that the OneCoin “blockchain” is simulation software connected to separate database tables with FAKE transaction data (bold is mine).
Joby Boughey:
NOLINK://www.facebook.com/joby.boughey/posts/10155342510435166
NOLINK://thecryptoproezine.com/2017/03/16/swedish-gaming-board-closes-cases-on-onecoin/
Ken Labine:
NOLINK://www.facebook.com/photo.php?fbid=10154157832696829&set=a.10151494945136829.1073741826.733381828&type=3&theater
I am sure that any existence of the OneCoin cryptocurrency and the “blockchain” was completely out of scope of this investigation in Sweden.
It would be nice if the Swedish police could make a formal statement (in Swedish and English) which explicitly confirms this.
Phonecall with the Swedish Gamingboard this morning which confirms that OCinv. is down. They have asked for info about the reason from police, but havent got it yet. Yeah, Why?
They will review the procedure if they find it uncomplete.Most certain.They will question the Competence of the Investigator.Which we all do.
The Police Emelie Petersson is not reachable, but ill try again. So, thats the info we have at the moment.
I tried to send email to emelie.petersson(at)polisen.se. Don’t know if it went, at least it didn’t bounce back yet.
It would be essential that the police defines what was investigated, as the crooks are now using this decision all over to try to make their scam coin appear legit.
Thanks for that MOI. I figure it might turn out like Finland.
Guess it’ll be up to the Gaming Board to pursue further. Will wait for official confirmation, but at least OneCoin’s “we were given the all clear” is shaping up to to be garbage.
Scammers will take any small element of victory and turn it into a mountain of joy by fabricating a much bigger story around it. Funny that OneCon promoting in Italy can result in am up to 5.000.000€ fine, but the company refuses to address it.
Funny several 10.000.000’s were seized and are frozen in Bank of Tanzania, but the company won’t answer regulator calls or address that.
Labile and Boughey are notorious for twisting such things and spinning them until they’re entirely unrecognizable.
A good example was the Islamic statement of sharia vigilance which pertained SPECIFICALLY and ONLY to Onecoin’s Coin(un)Safe product. OneCon presented a fraudulent summary of how it works, manipulated the square to fit into a round hole, which was ruled as “compliant.”
OneCULTists then threw that blanket over the entire scam enterprise, stating FALSELY that “Onecoin is Sharia Compliant.”
As a result, when the false promotion of this information reached them, which took their (incompetent) ruling completely out out scope and context, the same Islamic Group who initially gave the nano-certification revisited the concept, called OneCoin out on their FALSE AND DECEPTIVE practices in promoting it otherwise, and revoked the whole thing publicly – something that the common IMA victim has absolutely no idea ever happened.
Still, criminal (and I do mean “criminal”) promoters of the obvious lie and scam, such as Tom McMurrain, still to this day project OneCon as “sharia compliant.”
An extremely interesting summary of Ruja and Sebastian’s history together surfaced yesterday, which appears to be possibly a “leak” of more expounded evidence as to their dealings prior to BigCoin even.
It covers Sebastian Greenwood’s previous companies Loopium and Zooperium (which BMLM has in fact covered). However, it suggests ties between he and Ruja in these ventures that i don’t recall having read.
The overview was published Here:
financialhandbook.04p.in/money-laundering-archives-the-onecoin-ponzi-scam
In reading it, one can see that There would be a number of evidentiary images, documents and sources hyperlinked to the paper or “summary” of this chronology.
I believe BMLM and others have probably 80% of the during evidence already, but to have access to the auther’s copy of this document might fill in some interesting holes!
@Whistleblower.also send your mail to this adr.I did as well.you get straight to Västerås.internetanmalningar.vastmanland@polisen.se
@MOI try to find out from the police the direct phone number of inspektör Emelie Petersson, I think many of us would like to call her.
Also explain to them the essence of the scam, I think is partly explained here: OneCoin Scam
Also they need to understand how the company is using their decision in its avertizing and trying to make the coins appear legit cryptocurrency.
@Whistleblower
Her number is 0046105675702. She doesnt answer sofar today. Keep on trying.
Ruja is presently in Hong Kong for what it’s worth
That might be one of the most simplified and clear descriptions on how OC operates. The authorities should read that a few times and then ask themselves if there’s a fraud going on or not.
Didnt catch Inspector Petersson, ill continue Monday.
Meanwhile id like as many as possible will mail her and protest against the decision. We have all the evidence we possibly can to proof that ONE LIFE/COIN is a Scam, Pyramid and so on.
repeat: @Emelie Petersson, internetanmalningar.vastmanland(at)polisen.se
Will definitely send email to her.
Labile is going full psycho again on his FB. Even though there’s not one word about cryptocurrency in those Swedish police papers, Labine is celebrating that this somehow validated Onecoin “cryptocurrency”.
And of course Labile is completely forgetting what happened in Italy where the antitrust office deemed OneCoin a pyramid scheme.
Some (rare) honest ex-OneCoin Leadership have set up a censor-free WhatsApp Group in which anyone can be brought in to share information about OneCon and its leadership, as well as the FACTS that we here are all familiar with, proving scam.
Those joining the group can each come to their own conclusions regarding what is the truth, without fear of being unable to ask questions and get answers.
People in the group are pissed off, shocked, many devastated; but that is what the support group is for.
Additionally, people who were inside the network are revealing more about the character and actions of the top scammers and how they’ve absolutely went out of their way to cover up and manipulate the truth. Many in the group have now contacted Action Fraud and are filling reports AND THE GROUP IS GROWING.
This is what is needed and what will bring down the hydra.
Yeah, The Swedish Gaming Board will rewiew the OC investigation
I will ask for the acts Monday.
https://www.lotteriinspektionen.se/om-oss/diarium/postlista/?FromDate=2017-02-15&ToDate=2017-03-17&DiaryNumber=15Li6624&Reciever=&PostTitle=
Yeah, Italy getting swept under the carpet is hilarious. Gotta run with blinkers on if you’re going to promote a Ponzi scheme though.
@Oz
Wonderfulll!
Thanks for that MOI, going through it now.
I’m guessing this is the relevant line?
So to clarify, the Gaming Board are continuing the investigation. And we still don’t know why the police closed theirs.
Not enough for a new article yet, as we need to know why the police closed their investigation (and what the conclusion was).
The six first post in the Postlist are about OC. Some of them might be confidential documents. Ill see what i can get.
It looks like the police investigation continues. Translation:
Date: 2017-03-17
In coming (post)
Sender: Polisregion Mitt
Receiver: Polisområde Västmanland
Document title: Decision, the investigation resumed
Yeah I saw that. Wasn’t sure if it meant the police investigation has resumed or if the Gaming Board’s investigation had resumed.
I suppose we’ll get clarification next week. Either way OneCoin’s press-release should obviously not be taken at face value.
You think if OneCoin actually had something from Swedish police certifying the legality of the company they wouldn’t have published it?
First of all that’s not what authorities do, secondly OneCoin didn’t attach any official documentation to their press-release.
Juha Parhiala thinks the price of OneCoin being over 1.75€ is “not gonna happen.” He also claims that once the coins are mined that “they’re yours.”
Let’s prove this:
@5:40 Juha says that once you mine the coins they’re your coins and the company has nothing to do with them!
SOURCE: youtu.be/4qHixa9k0D0
@6:15 he says members “have the coins outside (after mining)” – ie., members OWN THEM (meaning OneCoin couldn’t seize or freeze the accounts, as they have to over 2,000+ accounts under the “Whistle Blower” fear feature recently announced)
10:40 Juha says Onecoin can NEVER hit 100€ “because we have too much coins” – this was when 2.1B was the cap.
By the same standards of “too much coins” and with a newer hyperinflation of 120,000,000,000.00000000 ONE coins, the same philosophy should apply, if not worse.
But for simplicity sake, we’ll assume a 5700% inflation increase of the previous cap on October 1st still holds the same to Juha’s statement (although in most practical scenarios of such an inflated cap, “demand vs supply” do not lineate at equal value ratio – price would decrease even more significantly).
Assuming 100€ is ridiculous price at 2.1B cap …than 1/57th of that price remains equally ridiculous at 120B coins.
Therefore, a price of 1.75€ ONE is “not going to happen” according to Juha Parhiala with 120B coins, by the same standards.
Well that’s news. Let’s try the very same Juha Parhiala from May 22nd 2016 (that is, before the 11th of June Coinrush event where they announced the new blockchain):
youtu.be/2EDbvKRdqmg
@4:54 “The day we’re gonna go out to the market, I will have 17 million coins. Think if the value is 100€ – my value is 1.7 BILLION euros!”
If he really thinks the value cannot go up to 100€ / coin he at least hides it well! 😀
Zero is a great number. No matter what multiply, it remains zero..
When will it finally end this bullshit?
I just heard that a lot of the Onecoin scamming “leaders” are now jumping into earlybirdacademy.
@scammerssuck – “Helo” is also a popular life raft they are deploying into (actual product btw). Top ODT GoPRO Leaders are all in Helo now.
Since the material Onecoin “sells” is plagiarism, why have the original authors of these articles never sued Onecoin? Or have they?
Or are they not aware of it? If you can take away the “product” from Onecoin, it will fall down all the quicker.
OneCoin top scammers paid another NewsWire service to publish on Yahoo Finance the Swedish news while keeping silent about Italy.
Hopefully we get a rundown of what’s going on from the Gaming Board this week.
And yeah, the crickets over the Italian decision is pretty amusing.
@Tim Link to Yahoo Finance? Cant find it.
@Dutchie All editors an d author were informed March 2016.I find it awfully strange if they didnt take action in some way.
@Oz Copies from Gaming Bosrd are orderd, but dont know how many days it takes.Ill ask them to hurry up.
NOLINK://finance.yahoo.com/news/swedish-police-close-onecoin-investigation-010000245.html
@MikeR.Thank you very much!
What a backlash it will be…
So, either the Swedish police press releases are issued via PRNewswire or that press release comes straight from the fraudsters themselves.
I finally managed to crack this thing with DealShaker – it’s a mechanism to remove all the cash points from the circulation.
Ruja and OneCoin leaders are not interested in OneCoins – those are Ponzi points with 0 value and they can generate them at will. What they are interested in is the cash bonuses:
When a donkey pays 1000€ to OneCoin, Ruja gets 1000€. The pyramid above the donkey gets credit of 300€ (100€ per level for three levels).
Here comes the problem: when the pimps try to cash out those 100€ cash prizes, Ruja will have to take 300€ from her purse and she does not want to!
First there was a 15€ “handling costs” for withdrawals, ensuring that 45€ stay in Ruja’s purse.
Then they upped it to 30€, making sure that 90€ will stay in Ruja’s purse. And now… DEALSHITTER!
Let’s have imaginary person Ken LaPimp who has 100€ in his cash account.
Don McDonkey, an unhappy OneCoin investor sets up a service to DealShitter, offering a party service that includes pizzas and drinks for participants. Don sells the service for 100€ + some OneCoins.
Ken buys that service from Don, paying 100€ to Don.
Ruja takes 50% fee, Don has now 50€ in his cash account and some OneCoins.
Don needs all the stuff for actually arranging the party! He pays everything else himself but luckily there’s a pizzeria where Ingrid De La Investor is selling two pizzas and a large Coca-Cola for 5€ and some onecoins.
Don buys 20 pizzas (2 x 10) with the 50€ he has in his cash account.
Ruja takes 50% fee, Ingrid gets 25€ to her cash account.
Ingrid needs the ingredients for the pizzas and the Coca-Cola! She pays the pizza ingredients herself but finds that Ken LaPimp is selling some excess Coca-Cola from his previous party for 2.5€/bottle.
Ingrid buys 10 bottles of Cola from Ken with the 25€ she has in her cash account.
Ruja takes 50% fee, Ken gets 12.5€ to his cash account.
We’re back at Ken who has 12.5€. He could set up another party except all of a sudden 87.5% of the money has dissappeared to Ruja’s purse!
In every step the donkeys can’t cash out the euros trapped in their cash accounts as payments “are having difficulties” and xcoinx.com is closed.
The only use for the euros in their cash accounts is to shop in Dealshitter which gets you some physical real-life goods with monetary value without having to wait for the next excuse from OneCoin/OneLife.
It’s ingenious as donkeys send the money to Ruja by themselves so you can’t really even call it a fraud. 😀
@MOI,have you got any information from Lotteriinspektionen or Swedish police today?
@WBF.Yes.Sent it Oz.Perhaps an article.3 posts are official,the rest are Confidential Documents.So nothing more than we didnt know about already.
twitter.com/CA_Dahl/status/843793697644994560
Confirmed to the journalist by the Police Apparantly
Police investigation into Onecoin re-opened on March 17th, 2017:
twitter.com/CA_Dahl/status/843793697644994560
With the extraordinary amount of information available about the OneCoin scam, how incredibly incompetent of the Swedish police to close the case in the first place.
There is no “new” information. All the info has been available for over a year.
I hope an internal investigation is held on the officer working the case. Something isn’t jiving here.
I don’t know what kind of authority police have in different countries, but other than possibly tracking down some affiliates, what could they really do anyway?
How exactly does the Swedish Gaming Authority work?
Isn’t it really their job to rule on the legality of schemes?
I have started making samples of the plagiarised OneAcademy materials. It’s a work in progress. Enjoy. imgur.com/a/030ZW
@Chris
If it’s anything like the Norwegian authority they can stop local promotion of scams altogether (see World Ventures).
Thanks for the updates guys, will put out an article first thing in the morning.
@MOI, not sure if Swedish police will make any announcement, but lotteriinspektionen might make, that police resumed investigation.
We have the journalist confirming, but it would be great to get official announcement as well, because Onecoin is using the previous news in their marketing.
You can see 2 post on swedish flashback now. the 3 one is of no value.
I continue to phone the inspector untill she answers…..
Ps. Sent the originals to Tim T by mail. Ds.
I cant reach Marcus Aronsson GB untill next week.hes on a journey.But im pretty sure GB will not give a statement either becsuse of the confidentiality.
I am sure I am not the first person who felt that the “announcement” attributed to the “Swiss Police” was worded in a way that sounded much more like a Onecoin press release.
SD
Case is reopened/continued on the 17th of mars by inspector Emelie Petersson.
Nolink://www.bilddump.se/bilder/20170320164303-77.67.50.246.png (Swedish)
I am sure this will not be available one Ken wakes up but sitting on Labine’s FB page is this link to a linkedin page which is the most perfect description of the Onecoin fraud
Brilliant !
linkedin.com/pulse/oeo-ed-oncer
Hello from Germany, very interesting your contributions, thanks for that.
Here is an interesting link and contribution from yesterday: linkedin.com/pulse/oeo-ed-oncer
Guys lets cut some slack to this two brothers, what they have done not many have balls to announce such matter publicly, there are so many “top leaders” left oncecoin while ago and they are still making money on the low.
THese brothers at least told their team in private and publicly, they had 200k on their oncecoin cash account which now has been taken by the company including their “coins”. they also have 100k frozen in the bank which they had to payout to the company, and 99% of their team are still doing onecoin despite warning them not to network.
and they did not recruit 26000 people just because they were on the top of the tree, it was mainly the leaders below. If you start bashing people soon they denounce onecoin publicly, this will only discourage people to come out.
These guys left their full time income, which clearly shown some sort of integrity, they have explained their reason to the leadership clearly.
How do i know this? cause i am one of the 12th person whom they have sponsored and live close to them, i came just as investor.
Shall i ask them to refund my money? well they have explained the risk like they do on their all presentations (if you have attended their calls than you would know).
so guys my advice is to encourage more leaders to come out and denouce onecoin, it seems we are to focus bad mouthing the leaders rather than the company.
@ChrisKregowoski – I think the past we are mainly critical on and about is that, ” we still believe in Dr. Ruja’s vision …blah blah blah”
Had the brothers been honest about that piece (they are now fully aware of her criminal history and previous ponzi dealings, including BigCoin, Crypto Real Investment Trust, etc.), as well as the blatant lies and propaganda Onecoin has pushed with false media & promotions and failure to be able to combat the exposure to such; than sure, maybe there would be some small room for applause.
It is apparent that this was not the case and Moyn and Monir downplayed the reason for their swift exit. As such, the question of whether they made a “stand up decision” to depart or are only trying to protect their own asses (legally and from the public preception standpoint) seems clear.
They imparted no warning as to the truth of what they now know, and therefore left 26,000+ affiliates ability to make an educated decision based on this information, shrouded still in mystery.
What is needed is for a Leader to outright decry Onecoin for exactly what it is …and with the information about the company which is readily available for IMA’s who are not blinded by the mischief of Google, which apparently has it’s own alter motives to destroy Onecoin, itself.
@TimTayshun, didn’t get what is it to do with Google from your last passage?
@Passing By – Onecoiners aren’t allowed to use it Because “Google lies!”
I cannot access the site. Keep getting error code using the link you provided. Is there another link to the story?
@Lyndell Try this one:
imgur.com/a/uTiLq
Thanks, this one worked.
U.K. Mirror picked up this story on Onecoin abandonment by certain leaders. At least a million or so people read Andrew Penman’s articles, so this should have some more positive impact.
google.com/amp/www.mirror.co.uk/news/uk-news/flashy-islam-brothers-heavily-promoted-10121441.amp
A great opportunity to comment the article, please do it!
What about to start a new topic here in BehindMLM eg “OneCoin testimonies” where affiliates who have left/been kicked out the cult can tell their stories?
good idea and perhaps also the platform for naming the main pioneers in each territory and who was/is their Ambassador(s) eg John Barrett in Ireland Ireland who was recruited by Peter Shaw and assisted by Pehr Karlsson.
Frankie Lawler was also one of the Irish pioneers under Shaw who likes to divide and conquer -although he considers it to be healthy competition.ie I win you lose (barrett).
I need content to publish an article, I can’t just make a blank post for people to comment on. People are free to send in their experiences via the contact form.
In this March 2018 video, Gordon Stenhuijs (right) and Anderson Chester were announced as top leaders in network marketing.
share-your-photo.com/38e0c7faae
youtube.com/watch?v=hVmG_LNq8zs
Video with Gordon Stenhuijs and the fraudulent car seller Petar Kralev (Kralev Cars Ltd.) from Bulgaria.
share-your-photo.com/41d24a1068
youtube.com/watch?v=89_jbSCDIik
Serial fraudster Petar Kralev reportedly sold hundreds of new cars. They had to be paid partly in euros and partly in ONE. Petar Kralev collected the advance payments in real currency, but never delivered a single car.
Allegedly his fraudulent company is now in Giurgiu, Romania, but the imprint still gives his phone number in Bulgaria!
share-your-photo.com/b14c6302a9
On February 4th, 2018, Petar Kralev and the Romanian top scammer Cristi Calina met and negotiated the deal with the new “company” allegedly based in Romania. Kralev and Calina are close friends and meet regularly.
share-your-photo.com/ed179b2ac8
youtube.com/watch?v=hLIbt4M1D4w&list=PLgJRA8jMntKOSFIRP2KgDPhz0TFHDjxkL&index=5
KRALEV CARS ROMANIA S.R.L. offers:
share-your-photo.com/e01b5e6df5
Quote from the DEAL SPECIFIC TERMS & CONDITIONS FROM THE MERCHANT:
share-your-photo.com/b4c410991c
Why does a company allegedly based in Romania charge the VAT that applies in Bulgaria?
Why does the buyer have to pay in real currency within 7 days, but the car can be delivered 6 months later? Why does the scammer Petar Kralev not accept the deposit for this car in ONE?
Announcement from February 29, 2020:
In the picture the two fraudsters Cristi Calina (left) and Petar Kralev:
share-your-photo.com/5c31a17846
Participants were three OneCoin fraudsters from Russia. From left to right: Sergey Korolev – Saule Sekenova (“Diamond”) – Petar Kralev – Elena Balandina.
share-your-photo.com/9318a21058
youtube.com/watch?v=Bw8yDfwEiio&list=PLgJRA8jMntKOSFIRP2KgDPhz0TFHDjxkL&index=1