onecoin-logoBuilding on claims by US affiliates that OneCoin is going to open up 184 banks last month, a Finnish affiliate recently announced OneCoin’s acquisition of an actual bank.

On the 13th of October the website “OneCoin-Finland”, quoting “country manager” Tommi Vuorinen, wrote:

The Company (OneCoin) has acquired its own bank, see the Hermes Bank,

This allows for the future of global banking services significantly the existing players in the sector at lower cost.

As per Hermes Bank’s website, they are incorporated in Saint Lucia and offer

banking solutions in accordance with internationally recognised principles and banking standards.

In an attempt to verify Vuorinen’s claim, a BehindMLM reader reached out to Hermes Bank.

On the 14th of October the following email was sent to Hermes Bank customer service:

Hi who owns this bank? I have head that Onecoin (and) Ruja Ignatova have bought this bank, is that true? Thank you.

Hermes Bank customer service were quick to respond, with the following sent back within a few hours (emphasis verbatim):


Dear Sir,

Please be informed that the below information is not valid. Our Bank never had any negotiations with Onecoin.

Kind Regards,

Customer Service Representative

Despite appearing to be false, Vuorinen’s claim has since been syndicated on a OneCoin Wiki website, the Facebook page of the same, a Finnish forum discussing OneCoin, Russian social networking site VK and a number of other Russian-language websites.

Where Vuorinen himself got the information that OneCoin had purportedly bought Hermes Bank from is unclear.