Konstantin’s testimony drops one OneCoin bombshell after another
Mark Scott’s OneCoin trial is taking place over the next few weeks.
The highlight of proceedings so far has been Ruja Ignatova’s brother, Konstantin Ignatov, trotted out as a cooperating witness.
Ignatov’s testimony, yesterday in particular, has provided us with a few interesting bombshells.
As is likely to be the case throughout Mark Scott’s criminal trial proceedings, our coverage relies heavily on Inner City Press reporting. Matthew Russel Lee is attending the trial in person and provides live updates on Inner City Press’ Twitter account.
Perhaps the biggest bombshell to come out of Konstantin’s testimony so far, other than his cooperation with the DOJ, is the revelation he has plead guilty.
Earlier this year Konstantin was charged with conspiracy to commit wire fraud, which he pleaded not guilty to in May.
As revealed by the DOJ’s questioning of Konstantin, that plea has since been changed to guilty.
Accompanying that change of plea is a “cooperation agreement”, the details of which have yet to be made public.
Konstantin stated he started cooperating with the government “months after” his arrest.
In no particular order, here are the rest of the bombshells dropped during Konstantin’s testimony.
Konstantin (and presumably other OneCoin insiders) claims he lived in fear of OneCoin investors.
Promises weren’t kept. I started getting death threats on the phone.
Recounts Ignatov of one particular incident,
Someone put a gun in my back and I was put in a mini van. I was taken to suburbs of Sophia.
Then there was the time I was confronted by members of the Hell’s Angels.
Konstantin attributes these incidents to investor dissatisfaction. The Ponzi side of OneCoin collapsed in January 2017.
Konstantin also claims he “heard that bribes were paid in Asia”. This has been a long-running theme in OneCoin, and part of why the scam proliferated such that it did globally.
When questioned on why he lied to US customs authorities who detained him, Konstantin, for what I believe is the first time publicly, acknowledged that OneCoin was a fraudulent scheme.
I knew I was working for a fraud scheme and I didn’t want to get caught.
After that initial brush with the law, Konstantin recalls disposing of his laptop.
I put it in a trash back and threw it out in Las Vegas. But when I went to LAX to fly out, I got arrested by the FBI.
I saw things were getting serious. I was afraid of going to jail.
After Ruja Ignatova disappeared, she gifted Konstantin with a house. That coincided with Konstantin’s taking over as “a leader in OneCoin”.
Moving onto the money side of things, Konstantin revealed money handed over by investors was stashed in a safe on the third floor of OneCoin’s Sofia office.
Ruja spent millions of investor funds on frequent shopping trips. According to Konstantin, one jewellery item purchased by Ruja cost over $1 million. Investor funds were also spent on a house in Frankfurt for Ruja’s husband.
Ruja herself had mansions in Bulgaria and Dubai. For cars she got around in a Porshe and armoured Lexus.
She was always afraid someone would kidnap her.
Ignatova also owned a yacht, which was frequently used to host lavish parties.
All in all Konstantin claims Ruja personally appropriated $500 million of OneCoin investor funds.
Sebastian Greenwood, Ruja’s second in command, “stole over $100 million”. Ruja apparently wasn’t happy about this, resulting in Greenwood returning “a lot of the money”.
Amr Abdul Aziz also stole “over 100 million euros” through OneCoin. He’s since spent a good portion of that on race horses.
None of these thefts were reported to policy, because everyone involved knew “the money came from criminal activity”.
Moving onto money laundering, Konstantin claimed shell companies set up to launder OneCoin funds were “mostly set up” by Irina Dilkinska.
Dilkinska, along with those she worked with, were reportedly referred to as “monkeys” by Konstantin and other OneCoin insiders.
After Ruja disappeared, Dilkinska began disassociating herself with OneCoin. Dilkinska is also believed to have misappropriated OneCoin investor funds.
Ruja was having or trying to have an affair with Gilbert Armenta.
Konstantin identified Arments as Ruja’s boyfriend. She purportedly introduced him to to Konsantin as an “international money launderer”.
Prior to Mark Scott’s first visit to OneCoin’s Sofia office, Ruja sent everyone home – including Konstantin.
This, according to Konstantin, was “not common”.
Scott had flown out to Bulgaria because he felt “unsafe” discussing OneCoin related business with Ruja over Skype.
Another key figure in OneCoin’s money laundering operations, as told by Konstantin, is Frank Schneider.
Part of those operations were conducted through the Bank of Ireland, whose employees, after initially agreeing to testify, have backflipped and now outright refused to appear before the court (in any capacity).
Frank Schneider credited with warning Ruja of the FBI investigation into OneCoin.
Schneider is believed to have learnt of the FBI investigation after a wiretap on Armenta revealed he was working with the FBI.
Ruja purportedly had ordered the wiretap after she became suspicious Armenta wouldn’t dump his wife for her.
This appears to be a significant source of frustration for Ruja. In one recorded conversation played for the court, Ruja told Armenta;
I never knew you were such a spineless asshole… I don’t deserve this, and she doesn’t either. It’s not cool.
Upon learning of the Armenta’s cooperation with the FBI, Konstantin recalled
As her brother, I wanted to know how she was, why she was so worried.
I went to her house and witnessed her having more or less a nervous breakdown.
She told me Armenta was giving her up to the FBI.
Shortly after she learned of Armenta’s cooperation with the FBI;
Ruja said she was very tired. She asked me to set up meetings with each of the senior OneCoin people, at her house.
She met with them one by one. I sat in the kitchen.
hen Ruja asked me to get her plane tickets to Vienna then Athens. She went to Athens and the security guard with her told me she was met by some people, who spoke Russian.
Before Ruja departed her Bulgarian residence, she is believed to have set about “burning documents”.
Schnieder, along with Gilbert Armenta, Amr Aziz and Alex Ortega, are identified as key figures in OneCoin’s money laundering operations.
Having kicked off from this week, Mark Scott’s trial is expected to take two to three weeks.
Scott’s attorneys have thus far presented him as “one of the people Ruja lied to”.
Apologies for the delay. I’m currently on break at the moment.
My plan was to get back in time for Scott’s verdict but I wasn’t counting on brilliant daily updates from Inner City Press.
Not ideal but I was hoping I could juggle everything at once. Will see how I go.
It’s Frank Schneider, not Rob.
Anybody have been able to figure out who he actually is? Gary Gilford said in the July webinar that he is a PR firm representative, who checked that Ruja’s diplomas are genuine.
There is a former spy-master Frank Schneider who has been previously involved in high level scandals and wiretapping:
Pretty wild if it’s him. Almost unbelievable. But someone like him could have “a big passport” and have incredible resources/contacts.
Yeasterday it was revealed that Konstantin plead guilty to four counts:
And that drunken Irina Dilkinska revelead to Konstantin that there is no blockchain:
It truly seems that Konstantin wasn’t in the most inner circle in the scam. OneCoin “legal department”(Dilkinska/Valkova) was apparantly above him.
I’ve been waiting months for this to all start happening and so far I’m not disappointed. There is a OneCoin meeting in my city next week. I know someone who has been going and investing regularly despite me telling them it’s a scam months ago, repeatedly.
When the BBC podcast was recently coming out each week I was told firmly ‘don’t believe things from the internet’. From what I have learned by observing how the victims think, I believe OneCoin will continue in some form until the SQL servers go offline.
Even if the Sofia offices are raided and the news keeps accelerating, if victims can log in and see their number of OneCoins, they will believe it’s real.
I’ve done a lot of thinking about this. I spent a fortune of time with Konstantin. He believed there was a BC.
Looking back, his role was more or less as that of a constitutional monarch; Ruja’s brother, photogenic, whatever. He’d warm the crowd and I’d be left with the difficult questions about crypto.
Towards the end Ruja would not be in the same room as me. I got myself recorded as saying I don’t like MLM, I asked how splits could ever possibly make sense, and Gary and I made the cardinal sin of swimming in her pool without asking first.
I would love to know who those “leaders” she spoke to just before vanishing are. If they carried on, they are beyond contempt.
Irina… I could approach her. Few people could. We didn’t have much interaction. She was resentful that the London office was entirely independent.
Veselina… she lied to Jan-Eric and myself, she accused me of orchestrating K’s arrest, I apparently slept with just about everyone (sadly not true), the people who did have the courage to give up when I spoke to them (some even returned the money they’d earned) were threatened, there were legal threats and worse.
I wish I had made a video of her falling down the stairs in Bosnia
Ah thanks for catching that. Brain went duh with the actor 😀
I’ve been told it’s the same guy.
The blockchain makes no difference what comes to scamming and claiming the coin has certain ever increasing fake value and PowerPack generates so many coins there’s 100,000% level profit (Denis Murdock advertized 84,000% return without risk on his website).
The blockchain for OneCoin means mainly a big marketing point which can be hyped to ignorant people, and claim OneCoin is a cryptocurrency.
Konstantin must have had at least reasonable suspicion that there’s no Blockchain as Irina told him there’s none. Further more, it looks like he never really made the effort to confirm it for himself, which means he didn’t even want to know in the end. But what he knew was, that he was the head figure of a huge fraud scheme, and he accepted that.
I know it’s probably hard to accept for you as you consider K as your friend. But K knew what he was doing, scamming in Africa etc.. Can’t get much more lowlife than that.
Just two of many OneCoin bombshells in a single screenshot:
It’s kinda breaking news. The recent telenovela stuff adds nice colour to it all, but if Frank Schneider really is “that” Frank Schneider, I think OneCoin truly is one the biggest crime stories of our time.
It’s no wonder that FBI got into this. As a former Luxemburg spy chief, he probably still had the highest security clearance and a way to access the most sensitive info. (It’s common practice so that these former top people can consult their successors.)
It’s highly likely that Frank provided insider law enforcement info to other cirminals as well — and him being a mole for criminal underworld (which notably has close ties to Russian intelligence services) has security implications on governmental level.
He probably even had/s a genuine diplomatic passport, unlike Ruja and Sebastian. It’s absolutely great news that someone like him got busted!
Btw, If the rumours about some really nasty powerful players being behind OneCoin are true, I think Konstantin snitching can put some of his closest ones in great danger.
I hope they have arranged at least her (allegedly) pregnant fiance to a safe place. Konstantin may deserve jail time, but not her pregnant fiance torture-killed.
Duncan Arthur, i disagree! You and Gary didn’t know?! In every place in internet is full with materials what is this scheme! You and Gary are education people! And what?! WTF, they lied to us!
Anyway! Stop write here before you post your salaries!
“I apparently slept with just about everyone (sadly not true)” Only thing that i agree!
If it’s indeed that Frank Scheider. that would by incredible.
Like many people I tried to find out more on the net when this name was first mentioned, but was hampered by the fact that it’s such a common first and last name.
The one among the many Frank Schneiders in the world that stood out was the scandal-embroiled former Luxembourg spy chief, but that seemed too good to be true. Especially because since he left his job he’s set up a private agency, Sandstone (sandstone.lu/), which claims to be in the business of providing “compliance and integrity investigation, risk advisory assessment, enhanced due diligence, information security advice and litigation support.”
Using such a high public profile as supposedly one of the White Hats as a cover for being part of a massive, international fraud would really be something out of schlocky novels or movies.
And still, it seems no mainstream media outlet is interested in any of this.
Voiceover: Rob Schneider was an animal. Then he was a woman. Then he was a stapler. But now he’s about to become *record scratch* an international money launderer!
[Silly music plays. Rob Schneider runs maniacally around launderette, spilling comically overloaded suitcase full of money.]
Voiceover: And he’s about to find out that laundering criminal proceeds… can get dirty.
Ruja Ignatova [played by the inimitable Angelina Jolie]: I need you to make zis money appear like it came von a legitimate source.
Schneider: I could move it through a series of accounts with HSBC and Standard Chartered?
Ignatova: I zaid LEGITIMATE source, dummkopf! Vy must I vork vif zese eeediots.
Voiceover: Rob Schneider puts the “fun” into “stolen investor funds”!
[Cut to Schneider in a US airport attempting to escape FBI agents by running up a down escalator, before pratfalling.]
Ignatova: Vill somebody please shoot me in the voods and vrow me into ze Danube already.
Voiceover: Rated PG-13.
How could Gary and I know? You obviously never met Ruja and her unique management style.
We weren’t told much but we eventually put it together and immediately publicly disassociated ourselves and co-operated with the authorities. Me, after an interesting 40 or so minutes with agents of the FBI and IRS at LAX.
We both live in England, you can look up our tax returns. Our incomes were at about the level they would be anywhere else.
If we can all put together the screenplay now, we can get the rights to the movie first!
and never read what is claimed on internet?
Can’t believe this! Sorry but is not serious! And not only you 🙂 and Gary too!
From inner city twitter:
this jumped out at me:
This is my last word on the matter. You were never involved, you can never know what it was. I do. Mea culpa. I can make some amends.
@ Duncan Arthur
Can you confirm (or ask Gary Gilford), that the sandstone.lu CEO Frank Schneider, is the person that was mentioned by Gary during the “behind the scenes” webcast?
Gary said that this Frank Schneider had a PR firm.
Duncan confirmed to us privately, that the Sandstone CEO and the Luxembourg intelligence ex-chief is THE Frank Schneider we are talking about, and that he was also the guy who told Gary Gilford that Ruja is dead and was telling Gary that OneCoin is legit.
If Duncan wants to confirm that publicly here, would be nice.
Here are the positions on our webinar (I’m CryptoXpose) where Gary Gilford talks about Frank Schneider.
Yes, yes, and, yes. I hope that’s “nice”. Speak to Gary, he has been left with a burden of note.
@Duncan – so be it.
I’m not a hater! Good luck…
Wow, thanks, this is the umpteenth remarkable connection then.
Lulz, settle down 😀
I find it somewhat remarkable that Konstantin indeed appears to be more akin to a “constitutional monarch” than Capo dei capi.
I assumed that — despite his incompetence — he was the top dog and fully briefed about “where the bodies are buried”.
He became aware that OneCoin was a fraud and eventually learned the truth about the blockchain too, but he wasn’t even given one those encrypted phones that Sebastian and the legal department had. (I wonder did even Veska know the full truth about what was going on?)
The seemingly credible suggestion from the BBC podcast series that Ruja was likely at the Miss OneLife event in Romania, would indicate that she was still somehow in contact with OneCoin people — even with lowlife scammers such as Cristi Calina. But, curiously, not with Konstantin?
And the second interesting suggestion from the podcast was that she was in contact with her close friends such as Ásdís Rán Gunnarsdottir — but, again, not with Konstantin?
Ruja and other seasoned crooks probably didn’t trust Konstantin because he came from totally different background.
He was — after all — just a heavy metal vocalist(youtube.com/watch?v=0E-IiRZHVTI), former drug addict and a dog shelter / Porsche warehouse worker. He had no relevant education or experience to be a true leader in the world of dirty lawyers, professional MLM scammers and mafiosos.
He was learning but not quite close to being there yet. I don’t think he was an idiot per se, he just lacked the knowhow, experience and street smarts to thrive in that world — as many of his “lunkhead”(his lawyer’s word) moves testify.
That’s why even a troglodyte like Igor Alberts could say that Konstantin “was not that smart” because his conception of smartness coincides perfectly with being well-versed in world of crime and scamming.
Perhaps Ruja (and Veska and/or Irina/Veselina?) kept him purposefully in the dark and disconnected, because as a mascot for OneCoin traveling around the world, he was too exposed for law enforcement action. Therefore, he couldn’t have contact with Ruja or know anything about her whereabouts.
If there was one place in the world that it should have been obvious, even to a lunkhead, for OneCoin’s leader not to go, it was America.
WOW! Pity the best days of John Cleese, Michael Palin and other guys from MPFC are gone… but that’s definitely their style!
Didn’t Konstantin once publicly threaten to cut off heads?…
I thought I once read that somewhere.
Did what again?
When I read this, I must immediately remember that Pierre Arens was also from Luxembourg. Just a coincidence or do they know each other? Luxembourg is a small country… 🙄
Article about yesterday’s OneCoin trial events:
And Tommi Vuorinen writes on his Facebook page(cited on Petteri Järvinen’s blog comments) that it’s likely that “the Company” will not comment the ongoing/unfinished matters in any way, so OneCoin members will just have to wait patiently and withstand the attacks from the media. (In the same message Tommi also informs that the TV program on OneCoin from an investigative journalism team of Finnish Broadcasting Company will be aired on November 18th — so OneCoin will get big negative media attention in the coming weeks from that direction too.)
Apparently, Veselina thinks she can stonewall the Kontansnitch affair to death, just like the contents of the DOJ court documents.
It’s also funny, because the “Free Konstantin” campaign was made in collaboration with the Sofia office, according to King Jayms.
Or perhaps Veselina has no time to comment, because just like Irina, she and her minions are too busy destroying the evidence, and making escape arrangements. 😉
I’ve donated a few bucks to Matthew, as I think he is doing an outstanding job.
The auction story will be saved for another day. I will say that if I was Cristi and I could lose a good few kilograms of unsightly fat by having my head cut off by K, I’d be tempted
Frank Schneider contacted Italian surveillance malware vendor “Hacking Team” in 2012, with implying he has government ties:
The response in Italian was that Frank means good business:
I wonder is Frank still at large? Somebody email him and ask, his email can be found from the link.
Strange! 😮 The OneCoin scammers from Austria have in the past deleted all critical comments. The comments in the following screenshot are still readable:
Frank Schneider also has a connection with very rich Russian oligarchs, one of them ex-KGB. Notable because Ruja is supposed to be in Russia with the help of an influential Russian.
“It emerged last year that Luxembourg’s intelligence service, the SREL, had carried out illegal wiretaps, kept 13,000 secret files on people, and run a fictional counterterror operation as a front to help a Russian oligarch pay $10 million to a Spanish spy.”
The name or brand “OneCoin” now has a very bad reputation. Whoever hears or reads “OneCoin” immediately thinks of fraud. I therefore recommend a new brand name with a matching logo:
Of course, “OneLife” must also be renamed. “ShitLife” sounds much more authentic and convincing! 😀
This proposal is totally free for the scammers in Sofia! If the logo is to be adopted, please contact the ZDF (Zweites Deutsches Fernsehen – Second German Television) in Mainz. They own all rights!
Just a reminder that there won’t be court on Monday. US National Holiday-Veterans Day and all government offices are closed.
My only recommendation would be to use a bull/steer instead of a heifer as the symbol. More apropos don’t you think?
I just realized that while the members are waiting for the open exchange, I don’t think anybody has really thought about this:
Only way to “own” OneCoins is by having an OneLife account. Therefore it is impossible to sell OneCoins to outsiders. (Or put it the other way round: OneCoins can only be sold between members.)
The technological limitations prevent an external exchange and limit any exchange to be internal exchange only.
You’re completely right. If DealShaker was ever going to work, it had to opened to the general public.
That means it would need to accept other coin, or non-members of OL could acquire OC. That’s a threat to OL, hence part of our ignominious exit. The system was built.
Im afraid that wouldent help.
Theres a fundamental error in the dealshaker concept. There is no demand for an international classified ads site.
There will be no Exchange? 😮
I copied the following comment yesterday. Unfortunately, I forgot to take a screenshot of it. 🙁 I will try to find the comment today and submit the screenshot.
There are still idiots who thank Ruja Ignatova for cheating. I quote OnTime Immigrazione Libero from Bologna in Italy:
I think that was part of Shiela V was trying to do with her ministry for Veterans.
So far it has not helped any of them.
Patience and endurance makes us win this long term vision, so as lord says in Mt24:13, keep hoping in onecoin, until we get the best from leaders.
And don’t change the name, keep It as onecoin so when all is well, the haters know we own future
I think you’ve smoked too much bad cabbage. I have rarely read such nonsense! But what else can one expect from you OneCoin scammers!
For all who speak German, nice article.
For all who speak English, nice article. 😉
I was quite curious. How did behindmlm know the trial’s consequences?
American authorities haven’t announced anything yet. How would you know?
Onecoin may be or may be not the biggest scam in financial history. Just wait until the last minute, it won’t be long.
The only veteran she has helped is herself. She is a Ponzi/Scam artist. It will never help anyone, let alone veterans. It is all smoke and mirrors and lies.
As stated in our articles we’re relying on coverage from Inner City Press.
Matthew Lee is going to court every day and reporting what goes on.
@ Ngoc – we know because it’s a foregone conclusion. Anyone can read the DoJ documents. You’re right, it won’t be long.
Thanks by the way for the personal slanders on social media, I’ll wear them with pride while you have to live with yourself for persuading Vietnamese villagers to club together for a “Power Pack” they can’t afford and don’t need as late as last weekend.
New filing in the case:
Just to confirm what Duncan has already says very eloquently. The Frank Schneider I was referring to was working for Sandstone in Luxembourg.
When I mentioned PR in the video speaking to Jen and the others I was referring to a PR company called Chelgate in London.
Our London office was kept very separate from the Sofia office. It’ appears that’s only a small number of people in Sofia knew exactly what was going on – possibly only Ruja and Irina.
Duncan and I are still recovering from the revelations of last week. We saw audit reports with a team of reputable lawyers of the alleged BlockChain and it seems completely illogical to me for them not to have had a block chain in view of the amount of money generated
It is all too easy for people to cast aspersions on Duncan and myself saying it was blindingly obvious that there was no blockchain. We had legal experts looking at the evidence and coming with us to the OC Sofia office who were also satisfied with the answers that we were given.
We were told that the negative coverage over the Internet was fake news – info presented to us by experts in PR and by Frank Schneider.. We were misled by people that we trusted even after doing our diligence which appeared satisfactory.
I was assured that it was not a scam from the very beginning by some very serious professional lawyers who had worked with Sofia.
I sat with Ruja on a number of occasions – sometimes with lawyers present – and she looked me directly in the eye and told me in detail about the business. Duncan and I are still coming to terms with the disclosures by Konstantin of last week.
We are working to assist as many victims of OneLife as possible.
In hindsight you may think it was obvious that it was a scam. At the time it was quite a different story and all of this negative speculation is nonsense.
With all due respect Mr. GIlford, you’d be better served to admit you were an innocent dupe and not trying to use smoke and mirrors to defend your reputation.
OneCoin would have been a fraud even if it did have a blockchain so the fact they didn’t is turning into a lame defense for people pretending otherwise.
You can be forgiven if this was your first MLM Underbelly Rodeo but OneCoin was a blatant scam from the outset. Again, you aren’t a veteran observer of such things so you don’t know how they work, or fail to.
I don’t know exactly what date your services were engaged by OneCoin but you were encouraged to believe that all negative reporting on the company was “fake news” (a contradiction in terms if there ever was one) and you mention no attempts at due diligence on your part past that point and certainly none are in evidence.
Gary Gilford let himself get hired to work for a multi billion dollar fraud scheme. Make peace with that, learn from it, make what amends you can and grow past it.
Either that or continue to pretend you couldn’t possibly have seen your error when you were making it.
Then ask yourself which of those two alternatives does you more reputational damage over the long term.
Gary is saying he was duped. It’s not much comfort to him but he isn’t alone. There is still so much more to come out.
We lived this, Gary even had access to Ruja, and we’re learning new things every day.
I mean oil fields, wire taps, etc?! We’ve done our best to make sure this never happens again and do what we can to stop these people who keep on and at least give something back.
I can promise you that it hasn’t been comfortable. The real media storm hasn’t even begun yet.
It has been known for many years that OneCoin has lost more than twenty bank accounts in different countries. Is that common for a supposedly reputable company?
Duncan and Gary. Thank you very much for being open and providing valuable insight.
What about this:
Can you tell us who these two “Russian gentelemen” are?
I suppose these Russians are using frontpersons, because the owners of Ravenr Capital Limited are Thomas Christodoulou and Andri Andreou who seem to be Cypriots (possibly from Chrysses Demetriades law firm) with address in Dubai (beta.companieshouse.gov.uk/company/10178932/persons-with-significant-control).
I guess these two are somehow connected to “RaverR Dubai” which you said was the shareholder of the RavenR London?
Can you provide us any insight what “88lionscasino” has to do with OneCoin? Its mail server is hosted on same ip as many OneCoin connected entities, inluding your company Dantir Dilela (is suppose com domain is not in use):
Is this one of Veselina Valkova connected online casinos used to launder OneCoin criminal proceeds?
If you decide your coin has an ever increasing value which you dictate by yourself, and sell packages which generate and show purported 100-100,000% value increase “worth” of coins on your BackOffice Dashboard compared to the package prices, it should be obvious to anybody with a normal intelligence thinking 5 seconds it’s a scam.
Doesn’t matter if the ledger is based on blockchain,SQL or Windows Notepad, the above issue doesn’t change at all.
Gary and Duncan should have realized this much earlier, but I understand they were completely in the Sofia bubble. And it’s very important Gary and Duncan are talking now.
I just hope they don’t concentrade too much on the blockchain issue in the court, as it’s irrelevant for the scam, when the package sales, coin generation, and the fake valuation already produce the obvious scam.
But of course, claiming OneCoin has a blockchain is a false claim, and without marketing the scam as a cryptocurrency, they never would have made the billions of dollars sales.
I’d guess it was also OneCoin’s strategy to keep the discussion around the blockchain legitimacy, and away from the fake value and 100,000% level “profits” from the packages..
The company I now represent (and soon won’t) is on the domain dantirdilela.ie.
Through a series of incompetent mishaps, Sofia ended up with that domain .com, while I ended up with the bearer instruments for some of their’s, including newdealshaker.com, the IP rights for DS, etc.
I have no idea what 88lionscasino is. Valkova is either really stupid or really clever.
Yes we should have. We weren’t even in the Sofia bubble. We were in a parallel universe doing the kinds of things people in the City of London do everyday.
Gary has never even been to a OL event. Thank everything good that the FBI and DoJ exist.
Could it be that AurumGoldCoin is not dead — that it’s actually trying to hire new people? If true, this might be the best OneCoin news since Veselina decided to continue their FinTech-superinnovation The Wonderwheel:
Coins United DMCC is the company under which Ruja launched her innovative hybrid currency project “AurumGoldCoin” back in 2015. See: web.archive.org/web/20151013215708/https://goldvault.co/en/terms-conditions
It’s possible that an Executive Administrative Assistant of Coins United DMCC Cindy Anicoche is the “Cindy” referenced in DOJ document, sending Mark Scott an encrypted phone:
(page 19, Mark S Scott search warrant document)
If this is true, she might have been quite an important assistant for Ruja. And that would make her a good witness…
This what she did for the company according to her LinkedIn page:
You are awesome! 😀 Where do you work? At Scotland Yard or the FBI? You could run the German Federal Criminal Police Office (Bundeskriminalamt) in Wiesbaden. Only sleepyheads work there.
Para todos los que hablan español, buen articulo.
Neither Duncan nor I worked for OneCoin, One Network Services Ltd or OneLife or any other business associated with the core OneCoin business.
We worked for RavenR Capital Ltd which was an entirely separate entity set up to become a family office. We were not taken on by Ruja to advise on these businesses.
During our time at RavenR it was evident that the core business had lots of legal issues and I brought in excellent law firms to try to assist Sofia to resolve these issues.
Every business that I have ever worked for (mainly major financial institutions) has infinite legal issues and had to. deal with them. I repeat we were not engaged by Ruja to work on the OneCoin/OneLife core business.
Duncan had an excellent idea to set up DealShaker to try to ensure that OneCoin was useable and a genuine utility coin.
We were not part of OneCoin nor OneLife and were not paid extraordinary amounts of money and live very modest lives.
I have been left as sole Director of a business with a long and expensive lease of premises in Knightsbridge and am working to resolve this even now.
It is heartbreaking for us to hear of the stories from the people effected by the OneCoin business. We have been doing our best this year to assist any victims and will not give up and will continue to assist as much as we can.
Inner City Press obtained Ruja’s call to Gilbert Armenta, telling him to watch out for Russian guys and only use encrypted phones or face-to-face for communication!
Inner City Press Article:
Ruja Ignatova wiretapped Gilbert Armenta and found a ‘spineless’ cooperator before disappearing:
Very interesting to hear the difference between her and her OneCoin persona.
Konstantin Ignatov’s plea agreement!
Seems to be acquired by Inner City Press.
Inner City Press Article about the plea deal
Here is what I completely don’t get:
A blockchain is just a specific type of database software, and a very simple database at that: it’s a ledger, something businesses have been keeping since the Middle Ages with nothing but pen and paper.
To determine whether or not a given piece of software is based on a blockchain, you need software experts, not lawyers or auditors, and not just generic software experts but specialists.
They also cannot just look at the results of that software running, such a black box approach cannot tell you how the underlying software works, especially not if it is only doing this extremely simple job of keeping a ledger of transfers between accounts (that blockchains are complicated things doesn’t come from providing that basic functionality).
Those experts would not only have to be given access to the complete source code for all parts of the claimed blockchain software, they would have to get physical access to the servers on which that software runs.
They would need to be allowed to install a version of the software which they’ve entirely built themselves from that source code. Otherwise it’s impossible to tell whether the software being used actually corresponds to the source code shown.
Of course, if the people pretending to have a blockchain are extremely incompetent, it’s quite possible they make mistakes in trying to simulate one which are immediately apparent to someone knowledgeable, even at a cursory look at just the output.
Everything above assumes a halfway-competent bunch of scammers, which OneCoin weren’t. Their attempt at simulating a live blockchain when they had the xcoinx.com pseudo-exchange was so badly done that observers immediately pointed out it was a fake.
These observations were made publicly at the time, and were easily available to anyone who looked for them.
I completely fail to see why anyone could ever think the opinion of lawyers and auditors was in any way relevant to any of this.
Even more so since it seems none of those lawyers and auditors ever thought of doing a simple web search on, say, “onecoin blockchain”, which would have brought them straight to places where it was explained by people who do know about software why OneCoin didn’t have one.
And of course, as quite a few people besides myself have already remarked, ultimately this doesn’t matter, since whether or not OneCoin was a scam was not determined by whether or not they had a blockchain.
Lying about that was just one small part of their dishonesty. They would have been just as bad a scam if they’d had a fully functioning proprietary blockchain from the start.
A blockchain is just a way of recording information, it doesn’t have any bearing on whether the recorded information is related to legal or illegal activities. Or for that matter, related to anything in the real world at all.
Nobody reading this comment section is going to care about your plausible deniability.
No law firm is excellent enough to make Ponzi and pyramid scamming legal.
If they were the same kind of legal issues as OneCoin (or whatever OneCoin shell company was paying your wages), maybe you should stop working for Ponzi and pyramid scams.
Drunk Dunk had an excellent idea to string along the “you can use your OneCoin to buy cars from Chinese scammers” smoke and mirrors while extracting OneCoin’s suckers list in order to flog another worthless cryptocurrency to it, after executing a pre-planned reverse ferret as soon as the plausible deniability defence wore too thin.
So you’re not very good at scamming. Are you expecting sympathy?
Correct. But Duncan and I were NOT working for OneCoin/OL.
From our silo in London it appeared that the core OneCoin business was a business fraught with legal and regulatory challenges.
Since we had direct contact with Irina Dilkinska, Ruja (and then Konstantin) we felt as though we were at least able to try to steer a business that was being handled incompetently in the right direction by introducing expert law firms to them (who then had to onboard some of these entities after massive and lengthy due diligence processes).
We felt as though this was our moral duty to do this in the hope of saving these Titanic businesses for the benefit of all of the people around the world (especially the unbanked, uneducated population) who had poured in their hard earned monies.
As I have said, Duncan and I are still trying to come to terms with Konstantin’s revelations of last week which were flabbergasting to us.
It is to our profound regret that we could not do more.
@gary & @Duncan
What i dont get is that crypto our no crypto, the ide behind dealshaker ,a (caouponmarketing at that) “ecomerce” setup as an “internationall classifiedads”=an oxymoron is an surefire failure.
are you/your guys just “coders” whit no customer/realworld connection?
Im a lawyer. Do you understand PSD2 in detail? MiFID2?
Good question. This is my final word on the matter. DS was built on the Groupon model. We had to do it really fast and then spent two years just keeping it working.
Groupon is flawed, DS more so. You’re quite right that DS became an online classified market where you couldn’t buy much because nobody wanted anything and the costs were exorbitant for delivery. So we invented DS expos. Then I got it into my head to offer franchises.
Franchise holders can use economies of scale for delivery, it’s localised, etc. OL still market these two ideas. Mea culpa. That made NDS very different from DS in that it is a proper platform, I allowed the use of multiple Coin (and fiat) and let non-OL members on.
This was not popular: 1. it destroys the “Ruja vision” of an “ecosystem”; 2. it takes away the MLM network element since who wants a useless educational package when they do what they’re doing anyway and earn?; 3. they couldn’t control it; and 4. we had no idea at the time but the “cash accounts” may or may not have any cash.
Point 4 has left us with a significant debt. In the end we couldn’t connect and my worst suspicions were realised. We’re not ‘coders’, we’re lawyers.
I just happen to be good at IT. It will all come out soon. The London office did more to end this than anyone else within the bubble.
I’m not commenting again, I’m sickened by what’s come out, that’s it. Cheers.
Lawayers ,That explains it.
Cant be faulted for an doa online buisness solution.
The expo ide was fecable tough. Classified ads sites are the c2c ecuivelent to local fleemarkets, xpos are the b2c equvilent to local fleemarkets (unused products instead of c2c used)
Still strange you wouldent pick onecoin out as a scam. But law is a broad field as is ecomorce.
Well said Duncan. I echo these sentiments entirely.
Over and out.
Was he laughing as he typed these ridiculous, ingenuine lines?
What pickle truck do you think the readers of these comments fell off to find them remotely believable?
There’s a very good reason the phrase “knew, or SHOULD HAVE KNOWN appears repeatedly when charges are preferred against those claiming ignorance of fraud, ESPECIALLY when those making such claims are are supposedly legal professionals.
OneCoin scammer Andreas Ählin quoted on Facebook from the trial with Konstantin Ignatov:
His website: dig1coin.se
Andreas Ählin is in a weird spot for Onecoin leaders / ex-leaders in which he has done some weak denouncing of Onecoin (stopped promoting it in Sweden, his home country, I think), and has been showing some skepticism in facebook groups. Now, he’s posting what would have been called “hater news” on his FB page.
However, many people that have helped the Onecoin scam (Duncan Arthur and Gray Gilford above, Andreas, Igor Krnic, José Gordo, etc…) and afterwards left it haven’t been as emphatic as they SHOULD have been, because they’ve clearly benefited from it, and full-blown whistleblowing is, sadly, not that common.
I think Jen McAdam is probably the prime example of how a person should react after finding convincing evidence Onecoin is a scam: informing the people they have helped recruit, publicly apologizing to them, and publicly decrying what scam Onecoin is.
The very least that people like Andreas, Duncan, José Gordo, Igor Krnic, etc… “should” (the ethic thing to do?) do is to
1) Publicly inform their downline and apologize for convincing them to invest money on a scam
2) Accept the responsibility for the lack of due diligence of theirs (at least socially, but criminal, in some cases).
3) Publicly talk against the scheme they got involved, and citing how, in hindsight, it should have been obvious it was a SCAM, plain and simple.
4) Publicly vow to never, ever again get involved in such shady schemes.
The most common version of the steps above that one actually sees, is of serial MLM scammers just jumping ship from one scam to the next, before or after the previous one collapses.
This “jumping ship” comes with a mandatory wishy-washy “non-apology” video stating they were victims too, etc… which of course gets conveniently deleted a few days later.
Their other videos follow suit, and their youtube channel becomes a series of videos touting for a new scam.
That’s why most scammers don’t apologize. They’re serial MLM scammers that eventually want to jump ship, and most of them KNOW they’re scamming.
That’s why they don’t do a proper denouncing of their previous companies, and that’s why they seem to have the most convenient form of amnesia, and they keep pitching more MLM companies (or straight pyramid schemes, not that they’re any better than MLMs… ).
It thought I’d said I’d said the last word.
1) Publicly inform their downline and apologize for convincing them to invest money on a scam – I don’t have a “downline”, I don’t have an “upline”, I have never sold anything in my life and despise MLM.
2) Accept the responsibility for the lack of due diligence of theirs (at least socially, but criminal, in some cases) – if you believe I have done anything criminal, please contact the authorities. You don’t know even half of it.
3) Publicly talk against the scheme they got involved, and citing how, in hindsight, it should have been obvious it was a SCAM, plain and simple – the BBC? The FCA? The FBI, done that.
4) Publicly vow to never, ever again get involved in such shady schemes – done that too.
We didn’t benefit either, salaries went unpaid for months.
Sorry, I think I was too harsh putting you in that rant about now. I apologize and admit many of those points don’t apply to you.
You weren’t a distributor of Onecoin, I admit, but your work on newdealshaker.com DID help Onecoin maintain some legitimacy (read: something to distract people while asking for more money).
while keeping up this scam. I think you eventually had more and more doubts about it, but it took seeing Konstantin arrested in your face, and yourself to be interrogated, to turn your back completely on onecoin. At least you did that, and you pulled out the newdealshaker.com website from under their feet. Thanks for that.
I’ve reread some articles regarding Newdealshaker.com and rewatched your interview after the arrest of Konstantin.
Giving you the benefit of the doubt, you seem to have had some serious doubts about onecoin, and then seeing Konstantin arrested and yourself interrogated, that was the straw that broke the camel’s back.
Still, that interview was still civil, with some reservations about Onecoin, but moving on… I think you were in quite a bind right after this arrest, because you had “enemies” in both sides: the Onecoin cultists disliked that you “stole” “their” newdealshaker.com website, meanwhile the people that had been writing about onecoin being a scam for years… saw you seemingly wanting to launch a coin of your own – which is an usual red flag in itself, for more staunch crypto people (you even had talks about doing an IPO at some point, but by looking at the current state of ovid.io and Bycoi, I guess that whole thing went nowhere).
Giving you the benefit of the doubt, the idea of trying to launch this Bycoi currency for ovid.io was optimistic (give free currency to people, hopefully it gains value from… merchants accepting it?
Interesting concept, economically speaking, but WAY overdone in the time of cryptocurrencies – see, e.g. airdrops.), if a bit misguided (why yet another cryptocurrency? what was that talk of IPOing?).
Many crypto people thing that most (if not all :p) ICOs are scams, so it just raises a lot of flags to create a new cryptocurrency.
Of course, not many people were willing to give you the benefit of the doubt, and still won’t. Starting this ovid.io and bycoi thing right after snatching (to say it in one way) the newdealshaker.com website was super iffy, to say the least.
Sorry again for being too harsh with you in my last post.
Thanks for that. And I go and break my promise to myself not to comment for the third time today.
I naively thought I could save OL after K’s arrest. Nobody can save OL. DealShaker is still the tool to keep people believing. I didn’t even know the extent. Stupid me. The stuff coming out sounds like it belongs in a soap opera.
It will all come out soon enough. A merchant platform that works and accepts crypto? Wow! Who wouldn’t IPO? By the time I had my intervention courtesy of the US authorities, we’d just about built everything. Then Sofia Corporate fired us in public for bringing up the same questions the US authorities asked me.
ICOs are mostly scams, true. I did everything in reverse. I already had a merchant platform. NDS wasn’t perfect, I owned the rights but it has massive potential.
BTC is problematic from a carbon footprint pov. That is a major turn-off factor in parts of the world. Not too mention tax implications in northern Europe.
I didn’t want to sell coin, so I gave away BYC for a period while I could. It’s doing quite nicely and hopefully will go a long way to restore the damage done to crypto.
Very few OL members took the opportunity. It’s a start. I’m stepping away from it and leaving it to people I trust.
I do not have the mental stamina to go through this again, and this time it’s a real blockchain and a real coin.
I’m not surprised many people won’t give me the benefit of the doubt. I’m still surprised; and I was there.
Igor Krnic, the former operator of forum onecoin-debate.com, has commented on this by e-mail:
Andreas Ählin will have to sell his Rolls Royce. 😉 And his used laptop too – for 700 euros. He offers it on Facebook, not on DealShaker!
In the Wednesday webinar there was an unofficial response from King Jayms to the news about Konstantin co-operating with the Feds against OneCoin. It’s unofficial because:
It’s of course not that they cannot make response — it’s that they won’t.
I guess the strongest interpretation of “all proceedings” is when all known and unknown co-conspirators get processed through US court system — inlcuding Veselina Valkova. That may take some time, for Ruja and other criminal fugitives are not willing to show up and fight the accusations.
Neither is “the Company” along with its leader mafia-Veselina, as it appears. They are truly operating like a criminal organization wihtout even trying to look like a serious and legitimate company anymore.
Essentially, King Jayms’ response boils down to feverish conspiracy theories (partly derived from an antisemitic documentary film he is showcasing) with a suggestion that Konstantin had no choice but to sign a deal because he was up against the impossible task of fighting the Rothschild empire pumping valueless war-profit dollars across the globe (or something like that).
He urges not to pay attention to what Konstantin has said, because he was pushed in to the corner, forced to make those statements, DOJ fabricated everything using legal loopholes, etc..
He even berates Konstantin’s lawyer Jeffrey Lichtman for not submitting a proof they supposedly offered about the existence of a blockchain.
He ends by saying that the bad news about Konstantin serves as a purging they need to see who really is a true believer.
They are probably aiming for history books for being one of the most brazen and bizarre scams in history of crme.
You should not forget what the OneCoin scammers have claimed in the past. Here is just one example: 😀
Complement to comments #83 and #88
Andreas Ählin comments on the truth: 😀
Best gesture you could make is to “pay back the money”, as Julius would say!
Every cent you were paid by OL, to a reputable charity. Perhaps a South African one, where way too many poor people were fleeced.
I’m afraid it’s not credible that you were not aware that it was a scam. This would be a positive step towards redemption.
Finaly the brainless (matsch hirn) MaMa has lost his mind totaly…
Newest bullshit Video!
Well, one of the OneCoin victims gets it. This was posted on the ONECOIN EXCHANGE/UPDATES OFFICIAL FB Page, and I quote:
I am surprised it hasn’t been taken down or a whole host of comments, but the page seems to be almost totally dead now.
What money? We didn’t get paid for months in London. I’m doing exactly that in terms of helping the victims
Frankly, anyone with more than a year of primary education who didn’t work out this was a scam isn’t safe to be allowed to use cutlery.
In reality, my opinion is that most people claiming they didn’t know are just saying that, with enough mental gymnastics, they found a way to convince themselves they could claim ignorance later if it all blew up.
The temptation of riches is too much for many, whether they got the riches or not.
I thought I saw something about a Telegram channel.
That FB page was a joke, there was nothing about EXCHANGE, no real UPDATES posted, and it was sure as hell not OFFICIAL.
“What money? We didn’t get paid for months in London. I’m doing exactly that in terms of helping the victims”
Really? I dont’t think so!
And what about your crypto, how is going 🙂
The same p1yramid scheme? Or you have money in the bank to invest in this crappy shit.
to the negative comments I say – get lost!
You don’t know anything about being hoodwinked when you are told there is legal opinion to say it’s all good, so quit the negative nagging and get on with your drab miserable sorry little life IGORSEMIONOV.
If we had known truly that this was illegal, unlawful scamming – call it what you will, no decent human being would have been involved – WE DID NOT KNOW!
Ah, I see we’ve entered the “we didn’t know the Ponzi scheme was a Ponzi scheme” phase.
I think he is referring to the years you worked for ruja every paycheck you got came from “education/onecoin” packages sales=stolen monies, You should give it up to charity, since its , well stolen funds.
i dont know the inns and outs of UK law, but i know that the monies people “got” from onecoin, aint theirs, it belongs to the scam victims.
So far the DOJ havent uncovered any other funds flowing into “onecoin” other then from the scam. And what i am able to read from Konstatins plea deal he gives up any and all fund/estates etc during the period of the scam.
Ignorantia juris non excusat…..
May be not:)
so, your guys, working 2 or more than years for this scam and you didint read about this in the internet? WOW!!!
I’m surprised! Fuck You!
Really? So, just say to me:) please!
I know, for sure, that Gary was one of the biggest, when Irina was removed for a little! So? 🙂 This was the first time, the second was the end for her!
I will to know more about your new crypto, will to invest 🙂
You don’t “invest” in BYC, you get involved as a crypto hobbyist.
@Lord: or L, in marketing, in Sofia, yes, ignorance of the law is no excuse. Apologies for you paraphrasing what I said originally.
May I please invite you to report whatever you know to fca.gov.uk? I have revealed my identity, my entire teams’ too, may we please know who you really are? I have a suspicion.
Is Sofia cold today as we hear? And not just because the gas bill can’t be paid?
I thought you guys were more interested in chasing down Jose Gordo? Sorry for you, it’s game over and the rest of my life will be dedicated to making sure this never happens again.
Na i am a Swedish national, its pretty cold here tough,
And its not me asking you to make amends, its you claiming you are.
And no, i prefer to use a handle.
1. Lots of criminals involved in onecoin (not afraid for myself , but i have a family that dosent need to be part of my hobby)
2. i believe my arguments and statements should be wived on their own merits, Me being a established and recognized professional in my field, whit 15y+ of working experience in Marketing and business development is neither her nor their.
“You don’t “invest” in BYC”.
nope, i’m not crazy! but you are.
@Duncan, what is the min price to invest in BYC? Just asking! Can I invest 100 euro?
@Duncan claims there is no blockchain one, why do you then seek to entice OL members by offering double exchange for their crypto?
John Mooney writes on Facebook:
So, forum is clear! and, btw, i’m hater!
Do you not read & understand English? Do you live too close to Chernobyl or something?
You don’t “invest”. You can choose to buy it as a utility coin, or you can choose not to. Simple enough?
Swedes pride themselves on speaking and spelling perfect English. You’re as Swedish as my Taiwanese vacuum cleaner.
I’m not commenting again
I’m not particularly educated and I dont own any crypto assets or whatever. But for me it was really fast clear that this is a scam. So many little things that didnt get an answer.
Minor and bigger issues that were different than in regular companies. If there was an explanation that could be said, it surely would haven been said loud and clear.
Like now they could show the blockchain and you have 2 coises: take it as a red flag or believe what ever explanation.
I heard when some even less educated man spoke about the onecoin. I said very loud that it’s a scam and made a fool of him in purpose. Didnt stop him, I guess he didnt care.
If you are a lawyer that close to OC, I’m afraid no judge could believe you didnt know. I knew, everyone over 100 IQ that I know, knew. Without any due diligence bs.
@Melanie please see these messages:
Now it gets really funny. 😀 OneCoin scammer Ruhul Amin writes:
Interesting isn’t it that all the members who bought the “Vision” of Ruja, she herself and Konstantin didn’t. Not one dime invested in her vision.
Name me one CEO/Founder who does not invest in their company and its vision.
Her only “investment” of her vision was how fast and how much money she could take out.
OneCoin scammer Denis Murdock has reworked his scam portal. OneCoin has been replaced by ByCoi. 😮
Screenshot of March 2019:
Screenshot of yesterday:
Denis can of course change whatever he wants. BYC is not OC nor any kind of equivalent. I will never be involved in MLM except for providing a product that can be sold elsewhere.
All I want is to be left alone to build a coin, help those I can, and forget this whole nightmare. You can see my BC, I don’t sell anything.
I see it differently. Anyone working with former OneCoin scammers like Denis Murdock harms their own reputation!
This applies to all serial fraudsters such as Kari Wahlroos, Igor Alberts, Jose Gordo, Mariana Lopez de Waard, Udo Carsten Deppisch, Ralf Paulick, Tom McMurrain, the Steinkeller brothers, Staffan Liback, dr. Muhammad Zafar, Frank Ricketts, Frank Schwarzkopf, Juha Parhiala, Ken Labine and many others.
These crooks have never worked real, but always cheated!
Thus, the OneCoin scammer Denis Murdock has lured at least 57 other people into the OneCoin scam:
Does such a serious businessman work?
I don’t know how it worked. I certainly know things work now. I will not pay Denis anything since MLM is not what I do.
I happen to like the guy socially, I don’t know what he’s done professionally.
See it differently, cool. The truth will out. Most of the people you mention I never even met. Justice, like Karma doesn’t forget.
Nope, You are the man! I think, BYC is the same shit! And you are the same scammer!
BTW, Ostap Bender is just a shadow as compered to Ruja! Do you know who is Ostap Bender?
Who or what do you recognize in this photo? I see a cheater named Denis Murdock hugging a man fatherly:
It looks like these two men are best friends… 🙄 Both benefit from a worldwide fraud?
Scammers like Denis Murdock also like to adorn themselves with impressive titles.
…sounds bombastic and distracts from the fact that a fraudster on the Internet is looking for new victims:
This fits perfectly with the scammer Ruja Ignatova, who has given herself the title “Cryptoqueen”. If I read that, I could puke!
PS: The man next to Denis Murdock could be Duncan Arthur. 😛
Prefer we keep the discussion on OneCoin. BYC etc. hasn’t come up in Mark Scott’s trial.
Maybe Constantine was just a puppet.
A puppet with power of attorney over Ruja’s stolen fortune? Unlikely.
Does anyone know this prisoner?
Source: Matthew Russell Lee (Inner City Press)
Yup, that’s me in the pic. I’ve lost a lot of weight since then. If you think I benefited out of this, please direct what you know to fca.gov.uk.
OneCoin scammer Mohamed Saber Frasha from Egypt had a personal meeting with Ruja (?) or Veselina (?) or Veska (?) and proudly announced on Facebook:
A personal Christmas present from Ruja? Will she press the start button in her office in Sofia on Christmas Day 2? 😮 Do the poor employees have to work too? 🙄
On YouTube, this wonderful news is already spread:
OneCoin cheater Muhammad Adeel (GLG member) does not want to work on Christmas Day 2. His Exchange starts two days later! 😛
OneCoin scammer Mohamed Saber Frasha from Egypt (see above comment) deletes all critical comments on his Facebook account.
Of course, mine too. The visage of this scammer we should memorize:
Yesterday, this scammer has published this photo with Konstantin Ignatov and Igor Shusharin from Russia, who allegedly build a OneVillage that can be paid for with OneCoin:
On November 30, 2019, in Novosibirsk once again a scam event will take place, where the OneCoin scammer Igor Shusharin will be present.
OneCoin scammer Satendra Kumar Saini from India predicts OneCoin today a bright future! 😮
Did Satendra Saini buy a ton of optimism on DealShaker? 😛
OneCoin scammer Ayaan Sheikh from Lahore in Pakistan is also an optimist. 😀 In many Facebook groups, he tries to sell worthless OneCoins. Here’s an example:
3.6 million OneCoin idiots have lost their money. But I found an idiot who got 30 million euros from OneCoin!
The guy who says that obviously has never visited a school, because he writes a miserable German! But now he is multimillionaire and can employ a private secretary. 😉
The video is in the list of OneCoin scammer Wolfgang Malek, who cheats in Austria and Germany:
@Melanie from Germany:
Youtube video not available at the given address.
Let’s see if anyone can share the data of this dumbass and cheater Cynical Mark.
The tax office responsible for him will then be thrilled!
Sorry! This link should work:
From left to right the fraudsters Anton “Toni” Federspiel, Ruja Ignatova, Aron Steinkeller and Ralf Paulick.
Who is ready to watch this idiotic video of the brain-amputee Martin Mayer (“MaMa”) from Vaduz in Liechtenstein?
@ Melanie from Germany:
I liked it and watched the video 598 of the full fool and cheater MaMa.
What is there to say? The idiot is still convinced that OneCoin will be officially recognized as a means of payment worldwide and that all other currencies will become superfluous!
As is well known, the 4 largest world currencies would have switched from hard cash to e-money in the last 80 years. With such an absolutely safe OneCoin all this would not be necessary!
He still denies that his captain Konstantin is in custody and Ruja is on the run! They are all just press fakes!
In the last third he comes to the Bitcoin:
Now stood at approx. 7000 USD, will now recover to 10.000 USD and from April 2020 on will strongly swing upwards!
And all this when the holy OneCoin is supposed to be the Bitcoin killer!
At the very end, there is advertising for his MaMa tour Verona:
He thinks he can greet 5000 brainless fools!
The 10 cows on the pasture behind my house don’t make as much crap in a week as MaMa tells in 20 minutes!
I thank you! Hopefully the brainless idiot Martin Mayer (“MaMa”) drives to Verona and looks unsuccessfully for the “First European Expo”:
The OneCoin scammers from France – OneFrench Group – have invited me via email to a scam event:
The group on Facebook:
If you are willing to pay a booking fee of 500 euros, you can configure a car on the website onefrench-cars.eu.
Of course, nobody knows whether the configured car will ever be delivered, except for the scammers in France.
@Melaine It will be a good opportunity to report very closely.
Complement to comment #133
We have known for a week that the launching date for the Exchange is Christmas Day 2. One day earlier, on Christmas Day 1, the OneCoin Blockchain will open! 😮
The Bulgarian Santa Claus is extremely busy this year. 😀
We should thank the OneCoin scammer Sajaval Nadeem or Aamir Sohail from Pakistan for this very important information… 😉
Are this 5000 people at the scam Event in verona that the brainless MaMa told us? Wow
(Ozedit: Link 404, removed)
Why was the Link removed?
When I clicked on it I got the “content removed or no access” message.
Read more at:
Steinkeller Brothers are back (Planet Impact Int. Ltd. ???)… but this time with takedown requests such as NOLINK://lumendatabase.org/notices/19368846
Re. message #151:
Entertaining. One set of MLM scammers, the Steinkeller brothers, demanding Google take down search results for a website, gerlachreport.de, run by a different kind of scammer, Rainer von Holst (a.k.a. Jan Faber, a.k.a. Peter Klein, a.k.a. Allan Klein, a.k.a. Milla Korjus, all of which can occur with “Dr.” prepended, or with claims of being a lawyer added). Nice.
For those who can read German, here is an explainer about Mr. von Holst and his website from the respected German consumer organisation Stiftung Warentest:
One part of Von Holst’s business model, the one that triggered this, is simply blackmail.
He threatens German companies which are trying to attract small investors with negative pseudo-reporting on his gerlachreport.de website, unless they pay him large sums of money.
The site is set up to create an impression of being a genuine investigative journalism outlet (although dressed up in the style typical of German tabloids), as long as one doesn’t start reading too much of it.
One trick he uses is to add stuff about genuine, already reported-on scams, such as OneCoin, in between his made-up material.
Those rehashes from online sources are always written to make it seem like the website played an investigative role in uncovering the scams, or that it has scoops on confidential information, which he simply makes up.
Essentially, he runs a good old-fashioned protection racket, but online. He can get away with it because he only targets German companies but operates from the US, keeping him out of reach of German libel laws.
He also mostly picks targets where some legitimate bodies, such as Stiftung Warentest, have already expressed concern about their suitability for small investors, and some of whom may be scammers or borderline scammers themselves.
This wasn’t an original idea: for many years, it was done in Germany in a less blatant form by a man called Heinz Gerlach, after which he’s named the website in tribute.
The real Gerlach, now deceased, published investor advice newsletters, in which he gave dire warnings against companies which had rebuffed his demands for lucrative “consultancy” contracts, and heavily plugged companies which had paid up.
He had to tread much more carefully in his negative material however, since he remained in Germany.
Besides that, von Holst also masterminded numerous dubious ‘investment’ schemes, such as a recent one based on non-existent magical electricity-generating machines.
He has a string of convictions in Germany for various kinds of fraud and deception, including passing himself off as a lawyer, between 2002 and 2007.
Some time after that, he moved to Florida, and came up with the concept of long-distance blackmail by website.
Read more here:
Very interesting, thanks for the info. No there shouldn’t be any doubts about what kind of “news” outlet Gerlachreport is.
In September I noticed that its background is very shady:
von Holst seems to have some scam related to Hellber Group as well.
Thanks for the information, wasn’t aware about that. But if you browse lumen, the Steinkellers are trying to take down legitimate sites as well.
The answers are interesting: 😀
Well, at least German justice has caught up with some people involved in Rainer von Holst’s many crimes.
In October 2019, his three adult children and ond non-family member, who did some of the dirty work for him in Germany, have all been convicted for fraud.
All three children claimed to have never spotted that they were running a criminal business (actually, a tangle of over 200 of them), their father somehow managed to do that behind their back.
His 39-year old daughter got 3 years and 10 months in prison, his 36-year old son 2 years and 10 months. The non-family member, who had earlier convictions for similar stuff, got three years.
Another daughter got away with just probation. The court took into consideration that they were just underlings, and that sadly the mastermind wasn’t on trial.
They almost manage to make the Ignatovs seem like a nice family. At least Konstantin made no bones about always having known that his sister’s business was a fraud, and Ruja isn’t anything like the psychopath von Holst so clearly is.
New telegram channel from master fraudster Simon Le from Vietnam:
437 idiots have already registered on the new Telegram channel of Simon Le from Vietnam:
why do you use the word idiot so often? don’t you think there are people with problems?
maybe you should use another language, you are mature to understand it and you should understand what it means to be in the world.
I think the word “idiot” for OneCoiner, both for the fraudulent leaders and for the fraudulent believers, is not wrong!
The leaders knew what fraud they were selling, and the cheated buyers didn’t bother about anything and continued to make fun of it.
It has been known for years that OneCoin is a scam and the people who have been warning and arguing against the scam for years have called OneCoin a hater.
I personally do not like OneLifers being called “idiots”. It is unfair on idiots.
@ Duncan Arthur
I’ll give you 100% right!
A tweet, for what it’s worth….
From Petteri Jarvinen (who I’m sure must be on here under a nickname)
Well, I suggest to use the word “scumbags” for those involved in Onecoin and similar schemes.
Nevertheless, at least a part of them are idiots in the substantial definition of this word.
Indeed – they have a problem. And need to say, they also represent the (other kind of) problem.
Joyce from SOUTH AFRICA:
How do you like those apples Joycey?
Okay, so, where is Ruja? Dead? In Russia?
It’s crazy I never even heard of OneCoin until I found a Korean-American youtuber who likes to do mukbangs and does excellent storytelling. I wonder why the mainstream media never covered this.
The US media mostly ignored it until Konstantin was arrested.
Re. Ruja, the leading theories are she’s dead or hiding with the mafia in Russia. Throw in plastic surgery to the point she’s gone from one ghastly look to another.
My heart goes out to the victims as well as Duncan and Denis. I had been following OneCoin since 2015 and had bought into the concept early on; even met Tom McMurrian (USA-great guy!) and some of the early promoters here in Florida before the USA onecoin/xcoinx accounts we taken offline and blocked by the country.
Having worked for lawyers many years and seeking to move to the UK, I too believed that several countries auditors and lawyers had cleared the company, and that included hiring the proper IT professionals, as needed, to further support the claims that the company was legitimately going public.
I was following the progress in each company and even shed a tear when I saw the photo of the little boy hugging Konstantin in Uganda along with the other faithful children.
I really believed even stronger when Duncan and Denis came in to straighten out Dealshaker and jumped into every day with excitement about the future.
We always thought that the “company would not have made it this far” and the arrest was blamed on control over money supply (look what happened to President Kennedy and his brothers). I have since “kept my day job” so to speak.
A lot of people are hurting, especially with COVID-19 slowing progress on all fronts. Take care everyone and thank you for the ‘links’ and for sharing your honest thoughts.
@ UM Paralegal
Who is “Eddy .Eduard“?
He had uploaded the following very short video with serial scammer Tom McMurrain.