Former OneCoin executive claims CEO misled him
Ed Ludbrook joined OneCoin as Chief Sales & Marketing Officer, Chief Leadership Officer and Asia Ambassador in November, 2015.
At the time Ludbrook described OneCoin as ‘a multi-trillion dollar opportunity that any fool will recognise once educated with the facts‘.
On the public side of things, Ludbrook hosted and appeared at OneCoin events – with a focus on affiliate recruitment in Australia and New Zealand.
That focus saw Ludbrook front a July, 2016 OneCoin recruitment gig in Melbourne, Australia.
At the event a member of Ludbrook’s audience challenged him on the legitimacy of OneCoin as a cryptocurrency.
Ludbrook responded by laughing and accusing the audience member of “arrogance” for “voicing their opinion”.
By October, 2016 Ludbrook had left OneCoin under mysterious circumstances.
Like OneLife CEO Pablo Munoz, Ludbrook simply disappeared.
To this day OneCoin has not publicly addressed what happened to their Chief Sales & Marketing Officer.
Ludbrook meanwhile, although initially boasting of his association with OneCoin, today only credits himself as a “consultant”.
Curiously, almost a year on from his departure, Ludbrook has shed some light on what happened.
According to an edit to his LinkedIn profile around September, 2017, Ludbrook claims he ‘left as answers were not provided to important questions‘ (credit @OneCoinInsider).
In another update made after the last, Ludbrook now claims he was
hired to lead the development of the global organization due to my experience and reputation and, whilst the results were spectacular, I left very disappointed with the approach of the company.
I was misled by the CEO and have deep concerns over the company.
What Ludbrook was mislead over is unclear, but we do know he’s referring to Ruja Ignatova (Pierre Arens wasn’t appointed until mid 2017).
Considering Ludbrook claims that during his time at OneCoin the affiliate-base grew from 600,000 to 2.5 million, surely he owes an explanation to anyone who joined as a result of his representation that OneCoin was legitimate?
At the Melbourne OneCoin event and in front of prospective investors he was trying to lure into OneCoin, Ludbrook attempted to ridicule his detractors and claimed “they didn’t know” what they were talking about.
In response to the accusation that OneCoin was a “scam” and “people were going to lose all their money”, Ludbrook responded;
What happens if you’re wrong? What will you give me if you’re wrong?
I think it’s time to come clean Mr. Ludbrook and admit you were wrong. Disclose to OneCoin investors what exactly it was you were mislead about and why you bailed on them.
Shortlived OneCoin CEO Pierre Arens departed OneCoin a few months ago under similar circumstances.
Other than citing “a lack of leeway as a leader”, Arens has not publicly disclosed the specific reason(s) for his departure.
Similarly, OneLife CEO Pabo Munoz disappeared earlier this year.
Munoz was a no-show at OneCoin’s Macau event in May. To date neither Munoz or OneCoin have issued a public statement explaining his absence.
Your professional legacies are on the line gentlemen. Wouldn’t it be easier to come clean and move on with a clean conscience?
Looks like you had a typo, Oz.
>that OneCoin was a “sam”
Thanks for catching that!
FWIW, I reached out to Ludbrook via LinkedIn messaging after seeing the Tweet (@OneCoinInsider) with his latest and former profile edits caches, basically stating something to the effect of, “hey no hard feelings for our earlier battles/ yadda yadda … now I guess you ‘get it’ and understand that I was never Dionne random or ‘jealous Bitcoiner/ hater/ blogger, etc??'”
I ended the communication kindly requesting some specific and important further information in regards to MoonLearning and Gift Code channels, and asking him directly, “Will you help?”
Here is a screenshot of his brief, but courteous reply: twitter.com/ezCoinAccess/status/932463114532003840
“Hi Tim, I want nothing to do with the OneCoin world. Regards, Ed.”
He’s not “laughing and ridiculing” members of the public now.
While Ed can claim that he wants nothing to do with OneCoin World, he can be issued a subpoena to testify.
Ed Ludbrook has burnt his bridges with the MLM community due to his involvement with OneCoin.
Most Leaders will no longer hire him.
He was given a clear warning that OneCoin was not kosher.
We’ve got it all wrong. Ed didn’t leave the company, he was kicked out and he was just sorry and then angry because he was kicked out. He’s just trying to get even.
I know because Igor said so on his blog.
I don’t agree that Ed left OneCoin by October 2016.
His LinkedIn profile said in May 2017:
OneLife/OneCoin Nov 2015 – Present
https://i.imgur.com/aFIt19J.jpg
Also, 6 months ago in May 2017 he was still doing OneLife webinar series and actively promoting and defending OneCoin with Staffan Liback.
Ed removed the webinars and other OneCoin related things from his Facebook page, but the webinars are still available on Ed’s OnePro System Youtube-channel: https://www.youtube.com/channel/UCXcj1Te22hWNJGWWwmDZB6Q
Is there one higher rank affiliate of onecoin, who left with good words about the company?
I call Bs, how is it that us lot here saw through OneCon for what it was when it launched with its motley crew straight from BigCoin.
As soon as the money piled up these high flying so-called industry superstars turned up for the cashola. And now they claim they were misled.
I mean these people must think we are batshit stupid to think we could sympathize with them or would they have us believe they are bare-faced opportunists that got caught out on this one sooner than they figured.
C
Time for just Another worthkess OL Newsletter.Rubbish
mailchi.mp/cf6b99d92e9a/jxkey6m9c9-701129?e=a0e0b3336a
@MOI
HAHAHA!!!!! So people with lack of business acumen, fiscal prudence or ability to undertake any Due Diligence are going to pay €10,000’s or more to gain “insight and understanding” on IPO’s, which have nothing to do with anything OneCULT is doing? LMAO!!
Also, I thought the days of “extra splits” and such was over!? Perhaps the backlash of recruits facing an impossible task of selling such a notorious scam to hapless victim which now offers even less Ponzi points is raising ire, so they scrapped that plan?
Has there ever been a weekly update newsletter which has actually announced anything of substance without hyping greater focus on some new package combo and investment?
Maybe people like Igor should take that into consideration. Lol.
Wonder if they have updated their education material to explain why cryptocurrencies don’t do IPOs. ;-D
Seriously, why is the IPO even mentioned anymore? The current scam script hasn’t reached the department responsible for newsletters?
Onecoin members are ignorant fools. Some were shown the proof of the BigCoin failure and connections but were too stupid to understand or didn’t want to understand because it went against their Onecoin “dream”. Idiots!
Makes sense. His association with OneCoin will hamper the leaders’ ability to scam others.
The longer it goes before OneCoin collapses or hopefully some law enforcement agency in several countries charge them criminally, the more distance he puts between himself and its demise. People are not going to remember his sanitation of his LinkedIn Profile or FB page cleansing.
It is no different than all the other major promoters who got out early enough to be far, far away when the hand grenade that is OneCoin goes off.
They will have plausible deniability as to their involvement. They suddenly become just an IMA like everyone else, not a major promoter who made millions off their followers. They have to get away as soon as they can because it hurts recruiting for their next Ponzi de Jour, which they all are already promoting.
Ed will survive this as long as he stays away from any other blatant crypto-currency Ponzi, and no law enforcement agency brings criminal charges against the leaders of OneCoin.
Outside of OneCoin, no-one will remember his deep involvement as the OneCoin CLO and his defense of OneCoin. The only way this comes back to haunt him is if he gets charged if criminal charges are brought against OneCoin and its leaders. And I think he is scared that could happen.
He is praying that Ruja just runs with the money and no criminal charges are ever brought by any country against OneCoin and the leadership.
♫ You say to-may-to and I say to-mah-to
♫ You say I-see-oh and I say I-pee-oh
♫ I-see-oh, I-pee-oh, I-see-oh, I-pee-oh,
♫ Let’s call the whole thing off!
and flee to Dubai
Poor old ed, he’s been made to look like a right plonker! Taken in by the Bulgarian bs. Ironic as he is the biggest bshitter of them all!
You just have to listen to his speeches to realise that we’re dealing with a man of limited intelligence and that is appropriate when considering his audience.
Get a proper job Ed!
Tomorrow on Belgian TV, there will be a short documentary on onecoin titled “investigation on a scam that is in no way virtual”
rtbf.be/tv/emission/detail_devoir-d-enquete/actualites/article_onecoin-la-monnaie-du-diable-enquete-sur-une-escroquerie-qui-n-a-rien-de-virtuel?id=9761725&emissionId=94
Wish the comments were available in English, as I am sure there were plenty of OneCoin’ers there to claim the article was bogus and OC is real, yada, yada, yada.
Would have been nice to read what others had to say about the article that are not in OneCoin.
Ludbrook has deleted the OneLife entry in his Linkedin.
A dank basement in New Zealand somewhere…
*ring ring*
“Wtf mate… that looks like a satellite number.”
“Uh Gday? This is Ed Ludbrook…”
“…”
“Hello?”
“Hyellow, this is Ignatova. You remember? OneCoin guh-knee-sis CEO. I am calling from my yacht.”
“I haven’t told anyone, I swear!”
“Da… but I want to tawk about this Link-ed In.”
“Fuck.”
Ed Ludbrook was never seen or heard from again.
@Oz
Dude. Don’t scare me.
Tim, don’t be scared.
The Steinkellers are gone, everybody’s running away from the scam, no answers just open questions, not enough new money coming in, no more new stories about what is going to happen in the future, everything seems to collapse slowly, so who would care about a critic then?
The guy is clearly a criminal. He needs to be arrested and spill the beans on the group of theives in exchange for leniency.
Ruja should be charged with fraud, conspiracy, wire fraud, theft of assets, and other serious international crimes.
One of you clowns who was duped needs to go to the nearest police station and swear out a complaint and give the cops your facts of how you were robbed. Show them wires and current values of accounts.
Cut and paste french text into translator. It says they are scamers.
This is what I wrote to ludbrooke when he posted that he had left OneCoin but conveniently continued to psost Utube videos for another six months.
This was the idiot who videod himself talking on the impact of Trump’s victory and election on OneCoin. At that point he was setting himself up as a key strategy guy for OC.
AN AUSTRALIAN NEWSPAPER WAS DOING AN ARTICLE AND EXPRESSED AN INTEREST IN KNOWING ANY MORE ON lUDBROOKE. I WILL REFER HIM TO THESE POST.
He should have stuck to helping little old ladies sell Tupperware to their friends – his true calling.
@prophet
Not heard that one before?
Damn it must feel so bad owning onecoin and seeing bitcoin, dash, assets going through the fuckin roof.
It must also be very bad to know to have fooled many people, spending their money, and a certain probability of getting kicked ass by some law enforcement. You dont want that.
Those who invested heavily (or early) will just keep telling themselves “we’re next!”.
At this point logic and reality disconnect.
Any chance of getting a link to the TV show about OneCoin? It would be great to have if it exists.
Lynndel “Lynn” Edgington:
Here: rtbf.be/auvio/emissions/detail_devoir-d-enquete?id=94
Begins at 47:55. 40 minutes documentary.
Bummer.
in chrome webbrowser install hola extension its a free vpn then go to site click on hola extension and choose belgium.
Tried it and it still wouldn’t play it was not allowed in this country.
I doubt if I would even be able to understand it if I could watch since it wouldn’t be in English. Maybe they will have a transcript that can be translated into English.
Another video: “Edward Ludbrook | Onecoin – The Future Payment & Reserve Currency”
youtube.com/watch?v=KpxGwhfn6x0&t=1s
@Melanie – hahaha. Brilliant!! From the horses mouth.
Well, according to Igor, the program didn’t air as OneCoin’s lawyers stopped the airing of the report.
He just can’t stand that OneCoin keeps getting exposed for the Ponzi it is, and all he has is whatever BS OneCoin tosses out to try and do damage control.
But then what can you expect when he keeps claiming that the Indian Authorities did not issue a chargesheet against her and OneCoin because the newspaper reporter spelled her name wrong. Therefore it is fake news. And yes he is still sticking to that total BS opinion.
Um, if I can watch it on their website… it aired?
@Melanie that video is typical sales talk rubbish and the people who buy tickets to sit there and listen and believe and trust are foolish.
Onecoin to be “first globally used cryptocurrency” and all others will cease. Hasn’t Bitcoin already done this, and many other coins exist too and not ceased. To say “Onecoin will be the only worldwide coin and no other coins” just shows how backwards and stupid these seminars are.
Look at 4:45 on that video having a laugh at the suggestion of “Onecoin being a scam”. Now a year later wants nothing to do with it?
Okay! I know, we must believe this: 🙁
share-your-photo.com/img/46ca52f62d.png
I now have FOUR SEPARATE SOURCES alleging that Kari Wahlroos has left Onecoin!!!! Can anyone else confirm?
from the video about 10 minutes of it:
The only indication I found are some videos of the Network Marketing PRO event with Tony Robbins (creeps of a feather flock together) on his Facebook page.
It would be breaking news, but until he starts deleting OneCoin & OneLife news and references from his Facebook and LinkedIn pages, I don’t believe it.
An initiative to stop a OneLie Event in Mauritania(sp?) is appealing to Authorities to get involved to protect further financial fraud there:
Source: lemauricien.com/article/crypto-monnaie-ponzi-scheme-appel-interdire-conference
This is a great idea which other countries and cities should follow. Would be better, however, if the police made a show of it, observing and then arresting.
*Mauritius.
Tiny country in the middle of the ocean east of Africa.
In this video – youtu.be/SevTMSAvToY – Ludbrook describes Wahlroos as one of his “oldest, dearest friends”. Maybe Ludbrook has been in contact to explain about being “misled” by the CEO and his “deep concerns over the company”?
Oh, how times have changed. Here is a clip of Ludbrook back in March calling the CEO a “genius” and boasting that he “used to be her right hand man” – youtu.be/FBDVM6cm00Y
Whatever his excuse, you cannot not be a marquee player in network marketing and not know the truth about MLMing companies being a recruiting Ponzi/pyramid scam.
Only the dreamers believe the yarn the top guys and NWM speakers spin.
No doubt. One big gang of thieves.
Ludbrook is apparently not only done with OneCoin, but MLM altogether:
Ludbrook’s own Dacxi DAC Coin ICO is “coming soon”.
prunderground.com/ed-ludbrook-takes-on-new-mission-to-help-people-build-self-belief/00111690/
ludbrooks linkedin page says:
i think ludbrook is creating his own version of onecoin [my version is legal, unlike onecoin!] and will sell DAC via MLM.
if he’s dreaming of numbers like 10 million in 3 years, then he’s probably planning for explosive ‘pyramid’ style growth.
otherwise, his marketing team will probably only be able to sign up a few sheep in new zealand to his DAC!
haha, new zealand, sheep, get?
looks like ludbrooks website: dacxi.com
So Ludbrooke is at it again and actually believes that he can help 98% of the population who lack self belief -then goes on to say that there is no such thing a lack of self belief only lack of confidence.
Of course he mentions that these 2% are dictatorial and the delusion of 10 million members by 2020 certainly smacks of such hype.
Competency frameworks were invented during the second world war Ed so you may just be a bit out of date and you certainly need to appreciate that integrity and trust are lacking in your case.
Why don’t you just keep away from people?
it is his website: whois.com/whois/dacxi.com
That’s correct. Ed Ludbrook is also the owner of dacxi.net, dacxi.org and dacxi.info – all created at 2017-05-29
Checking with a command-line whois client I see that the domain information was updated on November 22, and the current version doesn’t mention “edward ludbrook” as the registrant.
So if whois.com is to be trusted Ludbrooke might own the domain but prefer to hide the association. I guess he’s he reading this page.
How has this ‘crypto numpty’ got any credibility anywhere????
Igor Krnic told me he got the same information that has been rumored now for some time – Kari Wahlroos is out of OneCoin/OneLife.
Kari is most likely starting to promote Dag Coin.
Waiting for Kari’s announcement. Interesting to see his explanations. 😀
I got my fancy cars and house, so fuck all y’all I’m off to the next scam.
Hardly interesting IMO.
Kari commits hari kari?
I have just received two indications that Kari has left OneCoin as he was booted out and upset that no -one wanted him to attend the Bangkok extravaganza.
He is alleged to have shifted to Dag Coin and there are some unconfirmed allegations regarding drug issues in Lisbon at the Portuguese event.
Kari appears to be the sort of individual who will go public once offended (as if anyone really cares other than those investors who have lost money!). So we look forward to words from the Eagle (WE ARE THE CHICKENS!)
The last enthusiasts.
One Life Newsletter: mailchi.mp/949ededba36e/jxkey6m9c9-701133?e=a0e0b3336a
From the newsletter:
But but but… I thought the initial launch package was supposed to be for those who wanted to get the coins but did not want the education? That’s what they said just some time ago, right?
Initial Launch Pack is just another educational package designed to replace the Power Pack which “sold out”. 😀 😀
And it’s not the highest package, that’s a lie too. I can see 188 000 € Supreme Package available outside Europe, which also has the same 7 levels of OneAcademy.
Desperation and nothing but splits and promos. No news regarding reasons for further ICO delays, absence of Ruja, no CEO, defecting leaders, fate of OFC’s etc etc.
But you can see holiday promotions on Dealshaker -rudolph the red nosed reindeer. Hey why not Ruja’s yacht?
I would say it is time for the fictitious coin price to increase -say 20 Euros.
Distractions and more distractions.
Crazy times, BTC at 10K $ and OC (never forget it’s the Bitcoin Killer) is always at zero, no matter how many times they split zero value.
Big LOL up for Big.. eh Onecoin!! THE BITCOIN KILLER HAHA!
There is a video of Sebastian Greenwood from recent Kuala Lumpur event (youtube.com/watch?v=5kzJUQb0-GQ) where he gave quite a bizarre talk.
He says, with oddly depressed and broken voice, that it “this feels like a funeral” after trying to emphasize that he and Ruja never asked money for the cryptocurrency, they asked only to educate oneself and get smarter through OneAcademy, and that they gave them “a free project” referring to OneCoin.
He congratulates for this fact, and bursts in to bizarre laughter like it was a sick joke.
He implies that it is good bonus if they make any money out of the cryptocurreny, the main thing is the education after all. And market determines the price of the coin once it goes public, so good luck, “it’s up to you”…
I said from the beginning that onecoin was a scam – not real blockchain technology and not listed on the major exchanges. Ed Ludbrook simply got paid a shit load of money for telling people what they wanted to hear.
Ludborrok walks away with his pockets full of cash from putting his name to a ponzi scheme – well done Ed.
The self proclaimed author of MLM books from a man who has never built an MLM company – a bit like a virgin writing a book on the joy of sex part two.
@Chris , if Ed Ludbrook did have pockets full of cash I think he has starting to run out.
According to Glassdoor reviews it seems Dacxi is having trouble paying its employees.
A house in Remuera & constant trips over to Aus & South East Asia seem to be taking its toll.
glassdoor.com/Reviews/Dacxi-Reviews-E2056619.htm
Excuseme but what has Dacxi got to do with OneCoin related money? Looks like a totally separate thing.
@Ari , if you look into Dacxi you will see its owned and run by a group of OneCoiners.
Ed Ludbrook – Asia ambassador OneCoin.
Des Landen – AUS ambassador OneCoin.
Andrew Squillari – AUS OneCoin.
and a few others.
Nevertheless, I doubt that they have been interested to invest money to Dacxi by themselves.
Isn’t the ICO they have been running supposed to have others taking all the risks? It’s also against the very nature of a scammer to invest own money.
I’m not saying that they all got filthy rich from OneCoin. However, I don’t think Ludbrook was doing charity work while he was preaching about OneCoin and giving his support for the ponzi.
Yeah owners of one coin are criminals and one just got 20 years for fraud ,money laundering and The black haired Phd lawyer witch with excellent credentials is now probably working with Borat sister.
Very surprising to listen to so many conceited uneducated nerds boasting about how they know everything in the world.
The guy is a salesman a professional international salesman and he was hired by a company to sell a product.
I myself sold for a consultancy and only went to head office for about three hours every six months, I only needed to know X amount my job was to bring in clients the technical boys and the holders of the software I never met.
Your vain vindictive argument means that all the 22,000 staff of Enron (Ozedit: Enron != Ponzi scheme, derails removed)
Ed Ludbrook was hired to promote a Ponzi scheme. When OneCoin was a Ponzi scheme was pointed out to Ludbrook, he categorically denied it.
And then the icing on the cake? Ludbrook went on to launch his own OneCoin Ponzi points clone.
All of that’s on him, and something Ludbrook will have to live with for the rest of his life.
It has nothing to do with you consulting for some random company or Enron (or any of the other companies you derailed into). Stop making excuses for scammers.
@Callpunk
Nah. That’s like arguing that the get-away driver for the bank robbery is just providing a “Taxi service.”
So, let’s take an accurate look at what Ed Ludbrook actually said after accepting Ruja’s laundered blood money.
Let’s take a REAL look at how Ed manipulated naive investors to join an obvious Ponzi scheme which would steal all of their money to the tune of $5,000,000,000 or more.
Let’s note how he directly addresses both those who either didn’t yet trust the company, hadn’t invest in the company yet, or whom were growing increasingly anxious to sell their Onecoin holdings early based on mounting evidence of massive fraud-by-design
He called them IDIOTS!
SOURCE: youtu.be/Hfp87uW9qTo
Do you know what the founders (Sebastian Greenwood and functioning CEO, Konstantin Ignatov) called their victims after them having invested in Onecoin scam because they didn’t want to be “idiots,” according to how Ed Ludbrook described them, had they “missed out?”
IDIOTS!
Play stupid games. Win stupid prizes.