Chris Principe OneCoin defamation case heads to mediation

14 Comments on “Chris Principe OneCoin defamation case heads to mediation”

#1

Timothy Curry

Jan 14th, 2018 at 6:36 am  Timothy Curry(Q)

Meanwhile, per another Onecoin Diamond Leader’s Twitter account, Chris Principe keeps prancing about the world promoting the Ponzi with imprudence:

Check out @kamranhye’s Tweet: twitter.com/kamranhye/status/951907887546290177?s=09

And: twitter.com/kamranhye/status/951907887546290177

The FACT that Trade Solutions Group, a company “Ponzipay” has been both “Partner” and “Vice President” of being the Domain Registrants (under TSG CEO and longtime friend of Principe) for:

Menu2moon
Jpy2one.jp
and
Papa1coin.com

…And according to one of the former top leaders in Onecoin, the whole “MoonLearning” international “Gift Code” Payment network – which enabled investments to roll into Onecoin/ leadership in the absence of traditional banking channels having been slammed shut constantly.

This will make this thing all the more interesting to the Court, but more specifically, to Authorities, SEC, FinCEN, FINRA, banking and MLM/ crypto Regulatory & Compliance bodies/ media publications/ and various consortium groups and Boards; as the information continues to be exposed PUBLICLY and Onecoin continues its inevitable collapse and financial annihilation upon massive numbers of victims.

Question (@anyone): Is there any way to argue that this is NOT the definition of WireFraud and Money Laundering???

Also, what other charges might be levied upon him, Herve and TSG, might you think?



#2

Lynndel "Lynn" Edgington

Jan 14th, 2018 at 6:45 am  Lynndel "Lynn" Edgington(Q)

OneCoin/OneLife will be lucky to be around that long. This could all go bye-bye with its demise.



#3

WhistleBlowerFin

Jan 14th, 2018 at 7:54 am  WhistleBlowerFin(Q)

Heh, when Principe complained to the judge about losing his sleep, he hadn’t seen anything yet.

F*** the scammers. No mercy.



#4

cryptoexpert

Jan 15th, 2018 at 3:41 am  cryptoexpert(Q)

I read all this disinformations about Onecoin, u say its scam from the verry begining 2014.

Now 2018. Oneforex is up, Dealshaker is up ( that u can get cars with 100% price in Onecoin) 2k18 October its going public.

What else do u need to start beliving in the best crypto Onecoin !



#5

Oz

Jan 15th, 2018 at 5:12 am  Oz(Q)

What else do u need to start beliving in the best crypto Onecoin !

A comp plan that doesn’t pay pyramid recruitment and use newly invested funds to pay existing affiliates a ROI through an internal exchange (even if it’s disabled).



#6

Timothy Curry

Jan 15th, 2018 at 7:16 am  Timothy Curry(Q)

@(everyone-is-a)cryptoexpert(nowadays)

“u say its scam from the verry begining 2014. Now 2018. Oneforex is up, Dealshaker is up (that u can get cars with 100% price in Onecoin) 2k18 October its going public (blah blah blah)

#1. It was a scam BEFORE the very beginning, as it took impressive planning and design by professional scammers with a long history of scamming.

#2 You threw your money down a well. Don’t expect it to magically come back. There’s been PLENTY of information about it being a scam since the beginning, since Nigel Alan, Onecoin’s first President. Were you blind?

#3 in 2014 Ruja and Sebastian BOTH worked for BigCoin. Ruja was Treasurer. BigCoin stole $50M from investors. A recent defected Onecoin Top Leader admitted That BigCoin was just “a test.”

Within 3 months of scamming people effectively in BigCoin, Onecoin was launched (how did you give them money, but ignore this?).

#4 OneForex is a simulator (just like Onecoin’s “blockchain.” It’s not real. You can’t trade.

#5 The cars will never sell. Do you think it’s a coincidence that no cars will be sold prior to October 8th? C’mon!

#6 Ruja said BigCoin was “launching an IPO and going public too. Never happened and that too was by design. As stated previously, it was a test to see how gullible people are and how loose they can be with their money.

#Success



#7

Timothy Curry

Jan 15th, 2018 at 1:40 pm  Timothy Curry(Q)

Scroll.in, India, is “an independent website covering news, politics, sports, culture and everything in between,” just produced another piece identifying Onecoin amongst a number of Ponzi Schemes plaguing the region, and warning potential investors to stay away, titled:

TITLE: INVESTMENT FRAUD

Bitcoin scams:

PREFACE: Indian investors eager for quick profits are being duped by conmen.

They lure people into investing in non-existent virtual currencies by promising huge returns after a lock-in period.

EXCERPT:

…this has not stopped people in India from being duped by conmen running ponzi schemes who lead victims to believe that they are investing in virtual currencies. A ponzi scheme is a fraudulent investment operation in which returns for older investors are paid from money received from new investors, instead of profits from a legitimate business activity.

In April 2017, the Mumbai police unearthed a Rs 75-crore ponzi scheme involving an alleged cryptocurrency called OneCoin. A similar operation involving something called ATC coin was busted in October.

SOURCE: scroll.in/article/864949/bitcoin-scams-how-indian-investors-eager-for-quick-profits-are-being-duped-by-conmen



#8

Timothy Curry

Jan 15th, 2018 at 5:22 pm  Timothy Curry(Q)

Has just been updated, and with significant details for Authorities: onecoinscam.info/bank-accounts/

Anonymous (or whomever created the page) asserts that there remains the following open account:

Other Bank Accounts used by the network (still in use)

UniCredit BULBANK
Business Center Sofia Ivan Vazov
1 Ivan Vazov Str., Sofia 1000, Bulgaria
Bank address according to https://www.iban.com/
7 SVETA NEDELYA SQUARE, SOFIA, 1000, Bulgaria

One World Foundation
Account Number: IBAN BG59UNCR70001522197504 (EUR)
BIC/SWIFT: UNCRBGSF



#9

RiperZec

Jan 15th, 2018 at 5:42 pm  RiperZec(Q)

cryptoexpert:
I read all this disinformations about Onecoin, u say its scam from the verry begining 2014.

Now 2018. Oneforex is up, Dealshaker is up ( that u can get cars with 100% price in Onecoin) 2k18 October its going public.

OneForex is an educational program of OneAcademy in a partnership with the licensed broker SmartHub Ltd It is a Forex training program which combines leading education, market simulation and prizes for the best traders.

OneForex does not provide any services which require a specific license. The content of this site along with materials are for educational purposes only and by no means should be treated as investment advice. Forex trading involves risks and may not be suitable for everybody

And hopefully you will learn the most important lesson of all HOW NOT TO GET SCAMED NEXT TIME AROUND.



#10

Vladof

Jan 15th, 2018 at 11:53 pm  Vladof(Q)

I just discovered Onecoin through a Belgian TV show (clearly saying it’s a ponzi scam), my stomach hurt because i’m laughing so much. I just grabbed some pop corn for watching the collapse.

Seriously typing “onecoin” or “onelife” on youtube show you a bunch of pathological liar/criminal, mostly from shithole country (wink wink mr Trump !), and i don’t talk about the top leader behavior, it’s just brilliant

Dealshaker is also a interesting joke; look a this shit;

dealshaker.com/en/deal/100-onecoin-2-bedrooms-apartment-for-sale-in-alanya-turkey/kyIiCum13IPF9OI-o8bQQJGBE*flv4RbSR9hKPW9-YE~

this part of the deal seems very legit;

1- Pay 3.000 Euros deposit and making contract.

2- We will be reserved this property for you until ONECOIN is in European Share Market.

3- You will be get back the deposit when ONECOIN is in European Share Market, You will pay all money in ONECOIN over agreed property price.

Ho my goodness, seriously, most Nigerian 80IQ scammer make a better job than this.

Also, a will thanks Behindmlm, i don’t know your website before i take a look at the onecoin “filthy rich opportunity”, but you helping people to not get scammed by theses bastards.



#11

RiperZec

Jan 16th, 2018 at 8:37 pm  RiperZec(Q)

@Vladof

You didn’t follow the whole Dealshaker saga. Turns out a bunch of scammers started putting things on the site, who could have predicted that.

They pulled down all the property and car related deals. But your link still seams to work fine. So they are probably letting it go again to boost recruitment.

My favorite 5- If Purchaser cancel to buy agreed property in Turkey, Deposits will not be given back to the Purchaser. You can get back your Onecoins.



#12

Apollo

Jan 19th, 2018 at 1:19 pm  Apollo(Q)

Oz, have you referenced Onecoin as being possibly the largest Ponzi in history? If not, where would it be ranked compared to Bitconnect? I’m in a crypto Facebook group trying to warn people about Dagcoin and explain what Onecoin is.



#13

WhistleBlowerFin

Jan 19th, 2018 at 10:15 pm  WhistleBlowerFin(Q)

OneCoin Offices were just raided by Bulgarian and German prosecutors and Europol yesterday and day before! 50 People interviewed and computers seized!
Official Bulgarian Prosecutor announcement talks OneCoin being a pyramid scheme and money laundering business.

https://www.prb.bg/bg/news/aktualno/specializiranata-prokuratura-uchastva-v-neutrali-2/

https://sofiaglobe.com/2018/01/19/bulgarian-special-prosecutors-join-in-anti-money-laundering-operation-against-onecoin/

https://www.capital.bg/politika_i_ikonomika/bulgaria/2018/01/19/3115409_specializiranata_prokuratura_e_pretursila_ofisite_na/



#14

alterego

Jan 20th, 2018 at 9:25 am  alterego(Q)

From a OC affiliates FB page is what appears to be the Company’s response ……unverified so usual disclaimers – appears to be written in Onecoin speak so posted

SofiaGlobe why you not put the answer of OneCoin Company

OneCoin creator considers the international action to be “showcase”

Bulgarian and European offices have seized the servers of “One Network Service”

One Networks Ltd., the creator and distributor of the Bulgarian cryptoLogic OneCoin, issued an official statement on the international action against the company and its affiliates and people.

The position states that the company is not engaged in illegal activity, and the joint action of the Specialized Prosecutor’s Office, the Ministry of Interior, the GDOC and the State Agency for National Security, at the request of the Prosecutor’s Office in the German city of Bielefeld (North Rhine-Westphalia).

According to the German prosecution, cited by their Bulgarian counterparts, the company has created a large-scale pyramid structure for commercial fraud, progressive customer recruitment and money laundering by creating and distributing the virtual currency OneCoin.

In the words of the President of the Specialized Prosecutor’s Office Ivan Geshev, the German authorities have been investigating the activities of One Networks for two or three years to reach the current request for specific investigative actions on the territory of Bulgaria vis-à-vis the Bulgarian commercial company and related it persons, incl. two Bulgarian women with German citizenship.

However, the One Network Service points out that “what we are seeing, however, makes us believe that this is a demonstration against One Network Service Ltd., the virtual currency OneCoin and its creator Dr. Ruja Ignatova “.

The company states that it has never engaged in illegal activity both on the territory of the Republic of Bulgaria and in the other countries in which it operates. One Networks and its partner companies have always openly declared their willingness and willingness to cooperate with the relevant authorities, institutions and the media with all the information they need in order to maximize transparency and clear any doubts about the company’s activities.

We also want to express our sincere astonishment that none of the representatives of the company have been asked for opinion by media representatives, as would be the case in a rule of law and what, at least we strongly believe, is the Republic of Bulgaria, writes in the letter to the media.

It also states that as a result of the law enforcement action taken yesterday, the company and its partner companies suffer unjustified and serious financial losses. Employees’ office offices have been seized and the company’s partners believe they are deliberately subject to pressure that could lead to bankruptcy. This fact is also extremely puzzling and suggests that such a coincidence would not be logical.

One Networks Ltd. believes that the rights of the company and its employees have been violated and is about to seek their rights immediately. We are currently assisting the authorities with whatever they need to be able to do their job and the truth come to life. One of the company’s founding values ​​is transparency, and we have nothing to hide and to worry about.

We believe that such a media coverage of an ongoing investigation, which lacks a final conclusion of the relevant authorities, leads to misleading the public as to the veracity of the factual situation, questions the objectivity of the information disseminated in Bulgarian media, and could be “One Network Services Ltd., in order to protect the legitimate interests and rights of our employees as well as our clients, will inform the representatives of me the public and the public about the development of the situation.

We have also noticed a tendency in the OneCoin media space to be constantly comparing with Bitcoin cryptoLogos pioneer. This, however, is not correct because there are significant differences between the two crypto-points. Other existing cripples are blamed many times on the opacity of their transactions and the lack of any way to identify their users.

These facts in themselves make it possible to carry out dubious operations and illegal activities. As far as we know about OneCoin, it’s impossible to do it for KYC’s know-how, KYB, know your business, anti-money laundering (AML) Laundering, etc., which aim to prevent the use of OneCoin for criminal activity. Nowhere in the media have we seen this important fact to be mentioned.

We see a purposeful media campaign to discredit the reputation of the above-mentioned and deliberate concealment of important features from the company’s business, which presents us in a totally negative light.

It is important to note that at the moment, from the information known to the lawyers of the company, there is an ongoing investigation, which in legal peace means