Judicial investigation initiated against Laurent Louis (OneCoin)
Following a complaint from a OneCoin victim last November, Laurent Louis was the subject of a criminal complaint.
The victim claims Louis convinced him to invest 50,000 EUR on the promise of a 1000% ROI “or even more”.
Louis (right) stands accused of pyramid selling, fraud, violation of banking laws and money laundering.
Louis is a former Belgian politician who is banned from running for office till 2021. Unable to work in his chosen profession, Louis has turned to a life of crime.
Authorities allege Louis is a major promoter of OneCoin in Belgium. He’s allegedly pocketed 100,00 to 200,000 Euros in referral commissions for convincing two to three thousand locals to invest.
Yesterday the Brussels Public Prosecutor’s Office announced they will be escalating the case to an official judicial investigation.
According to the European Justice website;
In most cases the police will send the official report to the public prosecution service.
The public prosecutor will then decide whether the police have to open an investigation or not.
This investigation may be conducted either by the public prosecutor or in more complicated cases, or where more intrusive measures such as house searches are needed, by an investigating judge (judicial investigation).
Pending the outcome of the judicial investigation, Belgian police will be advised on whether to proceed with a criminal case against Louis.
Louis initially shrugged off news of the criminal investigation, flaunting a newspaper article at a OneCoin event held a few days after the initial story broke.
No word yet on whether the suspension of all OneCoin related affiliate withdrawals last week has seen any of Louis’ other victims come forward.
Stay tuned…
After reviewing my comment in the original Laurent Louis follow-up article, I decided to post the following parallel article from DH, one of the most prominently recognized mainstream media groups in Belgium; as a secondary source to the story above.
It was written by the original journalist who broke the story. DH published Laurent Louis’ most recent Facebook declaration of him continuing his effort to scam-recruit in new victims directly, which is newsworthy:
(Ozedit: Original source already linked in article above.)
Oh crap, I just realized I forgot to link the source!
I think that this investigation into Laurent will be the major turning point that gets the ball rolling for demise of OneScam.
Because it will get good media attention and I think it parallels the involvement of a public figure like Mayor John Wuo in GemCoin. Gives the governments and media more incentive to investigate and report.
We will see. I wouldn’t be surprised if OneCoin pays to the victims of these first high profile cases in order to delay the inevitable problems and lawsuits.
Ruja paid her fraud victims a lot (Waltenhofen Gusswerk casting factory case) in order to avoid jail and only get 14 months probation and €18k fine. Ruja’s jail time last year would have been catastrophic for OneCoin.
There’s still time for OneCoin to milk more victims, so it may be profitable to settle the first few bigger profile cases.
@WhistleBlowerFin:
Good points. She has deep pockets.
TOP SECRET Event Location
Local Drug Dealers & High Profile Criminals:
Monir Islam (Mob Boss ODT UK)
Moin Islam (2nd in Command)
Touhid Rahman (Notorious Drug Lord)
Ali Amin
Ml Abul Khair
Zain Khan (Delusional Prick) (Message to his wife, your not the only one who hes fucking!)
Ml Ruhul Amin (Bangladeshi Born Notorius Money Launderer & Touhids most trusted goon)
Invited Guests:
Edward Hartley (MLM “Legend” – Former MasterChef @ OrganoGold)
The last event was cancelled last second because the location leaked. Get in touch with all media outlets and tell them to turn up.
ODT GO PRO! ODT GO TO JAIL!!!!!!!!!!!!
Make sure these bastards get whats coming for them after ruining so many lives.
Onecoin never said its investment its oppertunitu.so upline break company ima agreement.
Use mind. don’t listen to bloggers.
OneCoin doesn’t have to acknowledge it’s investment opportunity for it to be one.
The irony being anyone with half a mind should be able to identify OneCoin solicit investment and (used to) pay a ROI using newly invested funds.
Since Onecoin is “not an investment,” are investors also “not investing” in the digital, pre-IPO virtual “Future Certificate” shares of the (pseudo)currency printing Company, even though it’s a pre-investment from their original investment?
Gosh. I just wished I’d bought Apple Education Packages in 1980 that I could flip For tokens to coins to Future Certificates to shares, with all the splits, doubles and super-splits along the way. Oh, and the “Apple-bob-of-Fortune!”
Weeeeeeeeee!
Here is Ruja Ignatova in Budapest, Hungary, on January 16, 2016:
@Oz: THIS is gold. Thank you. Please hold. Transcription needed
@~16:00 “Our new friends at OPN… Let me explain you cryptocurrency..” – #KleptoQueen
…anyone following this already knows what is happening immediately – while deception still floods the deceived …KYC – bullshit follows
Good point. How they will explain to the authorities that OFC future ceritificates which according to the company can be exchanged to shares, is not an investment?
Fun times ahead. 😀
Yeah sure, but which “authorities?”. The only ones which have any bite are the Americans’ and OC have been careful to stay well clear there.
Been said before, but the Onecoin Saga has highlighted the deficiencies of dealing with global scams by national responses.
It’s difficult to claim that IMAs are only offering education, when the company persuades everybody to get OFC futures with OneCoins which the members get by buying educational packages and “mining”.
It’s difficult to see that the education selling excuse can hold any longer in that case. We will see.
For example Petteri Järvinen wrote in his latest article:
pjarvinen.blogspot.fi/2017/01/joko-nyt-krp-puuttuu-onecoiniin.html
Which translates to:
Hi, LL is all fired up on FB. As usual conspiracy, political vengeance, ECT.
Well none of that is true excepted fom dim wits but hey! I’ll go along if the echo chamber is bigger and help put OneCoin Belgium down.
don’t know what happened to the judicial investigation against louis, because he was still peddling onecoin as of july 8, 2017:
guess louis has to raise funds for his political ambitions somewhere… who better than his own constituents.
So in addition to Ponzi scamming, turns out Laurent Louis is a Holocaust denier too…
Louis appealed the initial conviction so I’d take his apology with a grain of salt.
timesofisrael.com/holocaust-denying-belgian-ex-mp-ordered-to-visit-nazi-camps/