OneCoin Global Macau event prohibited by Chinese authorities
Update 8th May 2017 – Despite two articles from the Gerlach Report claiming otherwise, OneCoin’s May 7th Macau event went ahead as planned. The original claims as reported by the Gerlach Report are covered below.
Full coverage of the “fake news” story tomorrow. /end update
Update 8th May 2017 #2 – I’ve now covered the shortcomings of Gerlach Report’s reporting, “Macau police fail to prevent OneCoin event, Gerlach Report fake news?” /end update
Once a year OneCoin management front the company’s affiliate-base and try to keep them interested in the business.
It’s not an easy task, and last year was held in London against a backdrop of broken promises (going public and lying about having already signed up hundreds of thousands of merchants).
This year’s OneCoin Global event was scheduled to take place in Macau on May 7th.
I say was, because apparently Chinese authorities have now been instructed to make sure the event does’t go ahead.
In an article published on April 27th, Germany’s Gerlach Report claim
Chief administrator Fernando Chui has now been instructed to “prohibit the planning of a OneCoin / OneLife event in Macau “.
Corresponding instructions were also given to hotels and other possible venues according to information (received).
The instruction is equivalent to a ban for the OneCoin / OneLife event.
As above, OneCoin had announced Studio City was to host the event.
Should the Global event not go ahead, it puts OneLife in somewhat of a pickle.
OneCoin have been selling affiliates €100 to €10,000 EUR tickets to the event for some time now.
Prohibition of the event would also be somewhat ironic.
Around this time last year OneCoin management had been planning to host a big event in Harbin, China. Following a crackdown by Chinese authorities and fearing arrest, the event was cancelled and a new Macau event hastily put together to replace it.
Now it seems even Macau is off-limits.
At the time of publication OneCoin are still advertising the May 7th Macau event on their events website. Stay tuned…
Think you mean May 7th, not April 7th?
That I do. Thanks for catching that!
Hopefully the info is true.If, Ruja has to make A Statement in the Backoffice , and that must be pretty soooon.
Bangkok Post have made a public warning against OneCoin
“We would like to clarify that Onecoin is not money that can be used for payments under Thai law.”
The statement said no country in the world accepts or certifies Onecoin as legal tender that can be used as a medium for legal debt repayment.”
There are a lot of OCTopLeaders living i Thailand,scamming the Thai’s for years.Especially Juha Parhiala…
http://www.bangkokpost.com/business/finance/1239954/bot-warns-public-about-onecoin-currency
i have emailed studio city event center macau, asking them to confirm whether the onecoin event on may 7th is going forward as scheduled or not.
juha parhiala should check out the ufun case in thailand. just recently, top participants in the ufun ponzi scheme got around 20 years in prison!
anjali:juha parhiala
He’s probably on the run already.Please come back
as soon as possible if you get an answer from Studio City.
O/L Macau Event:
I know it’s China but how can the authorities just ban a conference for affiliates? They could pitch up and arrest people but… Unlikely however desirable.
If the event is actually cancelled this will be so unfair to all those hardworking OneCoiners. Especially the ones that have already booked their tickets and accomodation. Good luck to them trying to get a refund.
At least now when victims from their downline come to them to complain about how they have been scammed, the scammers can genuinely say “I know how you feel.”
I imagine the discussion would go something like this:
Lol. So it may sound but the scenario cpuld even be the worst.
This OneCoinCancer will be very devastating to many peoples lives. I guess many affilates around the world havent got the faintest idea whats going on at the moment.
They got no info from uplines and they dont hang around here or elsewhere. They just listen to the Ice Cold Goddess Ruja’s lies.
Totally brainwashed. Just imagine their Wake ups. Just horrible.
well, it seems studio city hasn’t gotten the memo yet OR they’re being evasive.
to my simple question about whether the event was on or off for may 7th, this is what they replied:
whatever, bah.
I saw that one of the major scammers Igor E. Alberts and his wife Andreea Cimbala posted on her FB wall that they are leaving for Japan and then Macau for the big event… so business as usual and they seem to pretend nothing has been canceled.
They are touring 1 month in Asia to build the business to the next level.
Here lies OneCoin
2014 – 2017
R.I.P.
“Join the financial revolution”
What I notice about the Gerlachreport articles is that they never mention a source for their information. Maybe it was even a plant by Onecoin to make Gerlachreport look silly.
Personally I think the event will take place so hopefully arrests can be made. But I am afraid this is wishful thinking.
Some time ago I heard Ruja was in Dubai creating a new company and a new coin. If true, probably preparing a reboot of Onecoin. This came from a stockmarket guru, but upon inquiring where the source of this story was, nothing solid was provided. Just hearsay, so I declined from posting this.
Just saying, be careful what information you put out there and don’t cheer too early! Many thought Onecoin would croak a year ago and yet….
A possibility. You’d want to hope not though, unreliable info is the fastest way to lose credibility in the publishing world.
RE: “don’t tell our goddess”
Screen capture from “Dr.” Mohammed Zafar, Fall 2016 in conversation I had with him over Facebook messenger:
s-media-cache-ak0.pinimg.com/originals/9d/bd/56/9dbd5670dfb61d0c6a94ef5288dccdfc.png
No shit, eh?
Welcome to the cult of OneCoin/OneLife Mohammed Zafar. By the way, isn’t this against Islamic law for her to be a goddess?
kari wahlroos thinks the macau event is going forward as he posted 11 hours ago:
wahlroos is making a lot of money selling onecoin packages to investors but doesn’t give a damn that these poor investors have no way to sell onecoins for the promised ROI’s, as is evident by this conversation a few hours ago on facebook:
yup! onecoins are useless, or you can change them to equally useless OFC’s, and the only way to make money is to join wahlroos’ training, where he’ll teach you how to steal from new investors to make up for your own lost investment in onecoin.
after a bit of to and fro with the studio city event center macau, i finally got a clear reply:
maybe china decided to get all the onecoin big guns together in macau and net them all in one go? or maybe chief administrator Fernando Chui has still not gotten around to contacting studio city?
whatever it is, if you were ruja ignatova, would you risk stepping into macau unless and until the chinese govt released a press statement saying – awww we love you rujababy!
does the bulgarian mafia have good relations with the chinese govt? who would get her sorry ass out of china?
the gerlach report may not be completely believable, BUT how does ruja KNOW for SURE that it’s wrong about china becoming proactive about the macau event?
Wahlross is an absolute sociopath.
He lectured us in Dublin this time last year and told us about his childhood /adolescent difficulties with his mother and how she was coming round to his charm. How when your kids are awkward you should eat them.
He kept referring to black affiliates in the room as eating bananas off the trees in Africa. Oh and by the way not to tel anyone but the Coins were going to go on a public exchange in Germany that year (that was the original 2.1 Billion Coins).
Add this it Peter who turns up the following month in Limerick and confirms that the way to make money is to hang around with rich people and watch them Any one who asked adifficult question was accused publically of being abused as akid and stupid.
What a wretched set of values he has and it was of course par for the course that when he turned up almost silently in Dublin last Octber he was accompanied by McMurrai but no one mentioned the had jsut served 6 years in prison and was oredere d to pay invetsors about 6 million dollars.
If anyone has the video that was made of Wahlroos in Dublin ranting please let us know where we can get sight of it for the authorities
Hope above is the right strategi.
Nice that Studio City gave you an answer as clear as they could. Just wait and see if a release comes up in backoffice.
Ill write to the Macau Post providing them with info about the OneCoin Criminal Gang visiting Macau.
Still no cancellation from backoffice.We’ll see if something comes up in the OLNewsletter.
macaupostdaily.com/article2642.html
New Headline up on gerlachreport.
gerlachreport.com
2hrs ago this was posted at OL facebook:
Yeah, GRAND for sure… if gerlach is 100% sure. Grand.
Sorry .Should be: OUR Operational Plans against OneCoin fraudster are Ready
from the gerlach report:
run rujamama RUN!
how is onecoin ‘corporate’ going to spin this? probably going to whine about – nobody understands us! all we do is sell education. waaaah!
Here we go again.
OneLife Newsletter out. Macau is still a big deal. lol.
mailchi.mp/onecoin/jxkey6m9c9-700889?e=a0e0b3336a
What a week it will be…
yessss, please go to macau all ye brightest OneLife stars. we want LIVE coverage of your asses being shoved into police vans!
Or, this scenario…
macaupostdaily.com/article2642.html
Macau is Special Administrative Region of the People’s Republic of China whit own law, but they having good connections with the Chinese gov. So i won’t be surprised if they are investigating.
For what it is worth, i wrote a e-mail to the Chief Executive of Macau and to the INTERPOL Beijing’s Sub-Bureau for Macao to lay out all facts regarding the OneCoin fraud. 🙂
This article is up at gerlach. (Better and better)
THE TALES OF THE ROBBER BRIDE RUJA: (Ozedit: broken link removed)
Now she is really haunted.
The old expression “Don’t count your chickens before they’re hatched” is coming to mind. 😉
i’ve written to studio city, macau.
the gerlach report says – Investigations in Macau have also revealed that the office of the venue in the Studio City complex is also warned.
lets see what kind of response studio city sends me this time around.
Thanks.
If nothing else, we’ll find out in about 5 1/2 days or less. After all, there are some recognition events and the “Grand Opening Speech by Master Distributor Sebastian Greenwood” on Saturday, May 6th.
Unless I see anything official from the Macau government I’m going to wait till the 7th before reporting.
I’d have thought if local police did indeed tend to bust the event they’d have done so covertly (ala Mumbai).
macau is a very small jurisdiction:
it is possible that a tiny jurisdiction like macau would be more interested in scaring/chasing onecoin off it’s land rather than take action against it.
another thing that struck me was that the gerlach report took pride in it’s coverage of the macau event:
is it possible to make up quotes by the macau police and the studio city event center? if gerlach report has done that, it will be a new low in journalism!
they are already in macau, splurging stolen money on plush hotel suites.the money they’re spending on those suites is probably food money off the table of some hapless onecoin investor.
muhammad zafar of the UK is also on his way, via a quick recruitment bite off dubai.
zafar is very happy about the money he’s made, and has posted a video of himself dancing with his potbelly in pakistan. must have made a killing at that event!
while these^^ guys take off for macau, these are the poor guys who have funded their trips:
comment under zafar’s potbelly dance:
Gerlach Report’s trial by fire is shaping up to be an interesting weekend!
the reply today is:
looks like there’s no cancellation from studio city’s side.
Wouldn’t it be nice if Angelina Lazar made the arrests in Macau … riding a crocodile (link related: youtu.be/ZhUqiZ_lYYg?t=12m52s)?
No body can beat onecoin wait its coming for public in 2018 wait all crtisisers.
Y’know this time last year it was “wait until June, we’re gunna have 500,000+ merchants (who are ready to go)”.
We all know how that turned out.
A months late e-commerce site filled with Chinese OneCoin affiliates trying to hock flea market goods.
2016 spring it was said:
What happened? Nothing.
They created “new blockchain” out of thin air and doubled everyone’s coins without loosing any value. Economic laws, anyone?
Now they pump 720M € every day (24h) out of nothing. How absurd will it get until guys like you realise it’s all fake?
Like these never ending “DOUBLE SPLIT/QUAD SPLIT + 50% TOKENS” in monthly newsletters. Been like that for a year now I’d imagine… “last opportunity”…
Idiotic, to say the least.
Nobody is interested in beating onecoin, unless they want to create an even bigger scam. No sense in beating a fake altcoin that has zero value. It will simply implode when the truth comes out.
This will probably be before the scheduled public introduction and the IPO. However you never know what rabbit Ruja will pull out of her hat next weekend. But even if they would actually make the coin publicly available, it could only result in a devastating crash.
The price would have to be determined in a public market by actual supply and demand, which would immediately kill any deluded dreams of value. It will be a very rude awakening for all OneCoin believers.
The ‘value’ of OneCoin is zero, and will never be above zero. Assuming for simplicity’s sake that we can not assign it a negative value, which of course would be more appropriate.
Instead of beating OneCoin it would be better if authorities would actually move ahead and bust OneCoin and the scammers that are guilty of knowingly or stupidly spreading this virus across the planet.
2018 will come and go. All we can expect from OneLife is more twisted lies that will ultimately lead to substantial financial losses for mostly honest victims who fell prey to ruthless scammers.
U people all said global event Wil be banned what happened event scheduled to happen on 7th May. All fake news r coming.
@Johnny
The news about the event being cancelled may indeed be fake. Let’s just see what news comes out of Macau next weekend.
We can’t wait to see what happens.
I guess all the arrests were fake as well. If onecoin was so legit I can only guess you have no fear of being at the event.
Wake up and use your eyes to see clearly the scam you are knee deep in.
What is the education really teaching you at this point? Having fun withdrawing yet?
Actually, Gerlach Report said it and as seen in the comments, it’s not confirmed by anyone else. I guess we’ll know shortly.
You should be more concerned with the continued “fake news” OneCoin has been feeding members for over 2 years.
Talk about selective reasoning. Ignoring:
– the bans in Germany and Italy and the arrests in India
– warnings in dozens of countries worldwide
– the false promises and lies of OneCoin
– the closed bank accounts
– the criminal past of the founders/leaders (proven with clear evidence)
– the fake “exchange” being closed
– that no-one can sell their fake “coins”
– lack of a blockchain (only a fake simulation)
– unbelievable economic claims which defy reality
Yet you choose to focus on one potentially (as yet unproven) “false” claim!
Having said that, I’m sceptical about Gerlach’s reporting as they provide no source for their claims and have too many “exclusives” for my liking.
Time will tell, but I wouldn’t risk my reputation on it.
The Gerlach Report reported. And how was the future? Y’know, seeing as you claim to already know what happens on May 7th.
the gerlach report article ‘onecoin-macau-polizei-will-fuehrung-verhaften’ has been re-reported and discussed here.
behindmlm or the commentators here, are not the origin of the news.
i’m sure many of us here are hoping the gerlach report is right, because really, this onecoin scam has gone on too long already!
i guess the event is so important to all of you scammers because it will buy you some more scamming time – ruja jiggled her stuff on stage, give us your money!
meanwhile when is onecoin going to take on the AGCM [italy], Bafin [germany] and the EOW [india]?
ruja should show her stuff in a court of law, anybody can shimmy on their own stage.
@Johnny – Were Onecoin, as “a real cryptocurrency” to go public, the value would obviously plummet to the depths of the sea for many reasons, but out wouldn’t be zero:
Here’s why it would crash to almost zero:
Because no one is interested in a “spy coin (KYC),” with no Dedicated Development Team or CTO; with no reps or leaders competent to discuss or teach blockchain technology; controlled by a legacy system/ subservient-created hierarchy of thieves and billionaire “Rockefeller/ Rothschild-like” figure (Ruja), who faked a pregnancy, was convicted of fraud for stealing from employees (etc x24), managed funds for a smaller $50M ponzi, and appears to be strung out on cocaine presently – and seems to be an alcoholic who is rarely seen without a cocktail in her hand, whose limited vocabulary record-grove sticks frequently on terms like, “very very excited” and “very very special, guys.”
Nevertheless, it wouldn’t quite be zero, because there would still be those few hanging on in the club.
Even with 120.000.000.000,000.000.00 units (12 quintillion total micro-units when divided down to the 8th decimal: the “Rujita”) certainly is bad – which, for perspective, is enough units to “Copper plate” the entire planet with U.S. pennies touching on all 4 sides, with enough left over to stack 3 1/2 x further than the moon.
NO. THE REASON IT WILL BE WORTH ZERO IS BECAUSE THERE IS NO BLOCKCHAIN. THEREFORE:
1.) It cannot be mined
2.) It cannot be trusted
3.) It can be forged or counterfeited
4.) It is unsecured
5.) it is not unique nor mathematically based (ie., units are untraceable)
6.) “value” cannot be attached to it via metadata (hashes have no “residency” in the blockchain so there would be no way to confirm or deny said designated value), because it is currently all just manipulated by the centralized system on an SQL database.
Onecoin has always been the “invisible pink unicorn coin in the lock-box,” and for the reasons above, it would be the first “*currency” in the history of the world to actually achieve reaching “absolute zero.” True story.
Ps. I doubt we’ll see any convincing white paper this Sunday, let alone a sudden new “blockchain” (Lie attempt #3? Lol)
And REMEBER! This white paper will also need to describe how it stores the “KYC” metadata “on the blockchain!” Hahahaha. Good luck with that!
What ever it may be everything Wil known in 2018 but remember people are joining every day one coin pls remember people r not fools. Bitcoin also criticised before coming to public.
So with all the facts known now available to you. It has been confirmed you are in a scam that is stealing from people. Go ahead into 2018 ignoring all that it will still be a scam then as well no matter how many join.
WTF are you talking about?
Christ, these OneCoin recruiters do a number on the gullible hey.
@Johnny – nevermind that, right!? Jose Gordo interview (read: distraction) on businessfromhome “proves” otherwise, because “people (read: con-artists) are still making money…”
businessforhome.org/2017/05/jose-gordo-achieves-720000-per-month-with-onelife/
to break down johnny boys statement:
– What ever it may be = i’m going to ignore your logic
– everything Wil known in 2018 = i’m hoping magic will make me rich in 2018
– remember people are joining every day one coin pls remember people r not fools = i’m going to follow blindly because i cant dare miss out on some magical future profit
– Bitcoin also criticised before coming to public = as i don’t have any logical explanation for why onecoin is not a scam, i will make irrelevant comparisons to BITCOIN and hope critics will be stunned into silence by my sheer brilliance
johnny is brainwashed, delusional and in denial, and it will take a hard knock to bring him to his senses.
knock knock
who’s there
ruja
ruja who
ruja who scrudja!
Psssst. Hey Johnny. I have the Brooklyn Bridge for sale. I’ll make good price with you. I promise!
Johnny, I understand your confusion. The con artists have done a masterful job at making the conversation about cryptocurrency when it is not.
They’ve collected money in this recruitment based opportunity and lined their own pockets and redistributed some. (not legal) The coins are only a distraction to hide the money game.
If for one minute you could cleanse your thoughts of all things cryptocurrency, and look at the characters in this game, the history of recruitment opps like Zeek and Telexfree, you will see much clearer.
Bitcoin has nothing to do with OneCoin because OneCoin isn’t about cryptocurrency. It is about MLM, which is recruiting, collecting money, and redistributing that money all based around an insignificant product. Some are just worse than others.
I think we should just let Johnny get over himself and don’t bother responding. WASTE OF TIME AND BETTER THINGS TO DO
Breaking!(?) – ….something seems to have taken place today in Vietnam(?)/ Thailand(?). This video APPEARS to either show either a “block” on Onecoin Facebook accounts(?) or maybe accounts having been taken down(?) in the country(?)
TRANSLATION NEEDED: now26.tv/view/103647
Not sure if “News” or not :/
We’ll see, what will happen the next days.. anyway, Kari Wahlroos claims to be in Macao: facebook.com/KariWahlroosAmbassador/
Cointelegraph up with an article where Bjorn Bjercke is giving some info. I do as well wait for the Whitepaper…
If the event holds i hope the chinese polcice will storm in.
cointelegraph.com/news/onecoin-desperately-resolves-to-media-intimidation-as-its-last-resort-in-legal-battle
He’s claiming that he’ll be going to India next. Let’s hope the Indian police are on alert. That’s if he’s not already been arrested in Macau.
Get over Johnny. He is lost.
Its Thai and it’s nothing. There are two stories. One story is about people being tricked into opening bank accounts which are used for money laundering.
They are being paid money to open bank accounts. They are being warned. Then they talked about OneCoin and the BoT warning.
since yesterday there have been complaints from US onecoin affiliates that they cannot access their back offices anymore.
why has onecoin blocked access from the US? fear of regulatory heat?
mcmurrain runs looong video conferences continuously, so i don’t know which video to check for the advice he has given US affiliates about how to access the website secretly.
i guess if onecoin blocks it’s website for the US, then regulators there have no reason to investigate.
i have made an SEC complaint against tom mcmurrain’s under the hood transactions for onecoin:
where is this info available?
@anjali – see comment #60/ go to Wahlroos page/ click comments/ someone in Mumbai comments that things need to be straightened out and a bank account set up there (I know, I know). Wahlroos says, “I’ll come to India after Macau” (or to this effect).
@anjali – RE: Tom McMurrain Teaches his victims how to continue victimizing others despite hurdles:
(Specific and special “How To Access OneLife Accounts in USA via VPN”):
youtu.be/pkta27j–Ws
Ps. On a weird side note: I ran into a guy RANDOMLY today who mentioned he was also into bitcoin, but had some questions. We chatted and he asked about wallets.
I mentioned a few including “jaxx,” which can hold several cryptos (BTC, ETC, DSH, etc). To which he replied, “Naw, I’m only interested in bitcoin and Onecoin, because it’s also really coming up and was the first company to do a billion in revenue…etc.”
I thought it was a joke! A set-up! This is in California by the way, where it is apparently still be promoted in North Orange County.
Tldr: he was just days away of losing a buttload of money & is sending me the names/ numbers on the promoters, whom I’ll call for “more info.”
This morning, German leading IT website (heise.de) which also publishes the best and biggest German IT magazine (c’t) published an online article about Onecoin and BaFin.
That’s another level than a news blogger.
Also, this “anwalt.de” (translates to lawyer) article, which was offline due to Onecoin threads, is back – very good news.
thanks, i’ve forwarded the information to the EOW commissioner navi mumbai.
i suppose this will be kari wahlroos’ first visit to india, and he should get a warm welcome.
maybe he’s bluffing, this is hardly a good time to pump onecoin in india? on the other hand, he seems to have this alpha male chest thumping kind of personality, so here’s hoping he’s really idiotic and does show up!
Keeping up appearences! Kari Wahlroos totally brainwashed.
Hope the Macaupolice have set a trap.
youtu.be/Xl-nKuE9bek
He behaves like a monkey on crack, they should check his blook for illegal substances.
Yes, it is translated lawyer.de
Here: anwalt.de/rechtstipps/onecoin-bafin-untersagt-geschaefte-mit-onecoins-in-deutschland-anwaelte-informieren_105347.html (The author is a lawyer for Bank and Capital Market Law)
@mag
Where is the english translation please
It is extremely strange that the following article was available for merely two hours on gerlachreport.com on the 2nd of May 2017:
gerlachreport.com/news/onecoin-hier-endet-das-spiel
What could be the reason of the removal of this article from the website?
Did anyone save this article?
Great new Tom McMurrains profile pic.
NOLINK://www.facebook.com/photo.php?fbid=1496326380386898&set=a.148790691807147.25130.100000286507241&type=3&theater
Fly Robin fly.. bye bye guys.. 😀
Defamation Complaint to Google
Google has received a take down request. The request was sent by the OneCoin lawyers, see lumendatabase.org/notices/14313586
Looks like they are now trying to get search engines to remove stuff from the search index.
@cryptokill: It is only available in German language. My german and english is a bit rusty, so i cannot translate it :-(.
Happy :-), t3n.de/news/onecoin-deutschland-untersagt-820316/ as well.
Re #78
Interesting, so Ruja is not the CEO of OneCoin Ltd. It’s someone named Pierre Arens.
You’ll NEVER believe who’s back after a long and silent hiatus!!! 🙂 youtu.be/LpGUI9G1jH0
how can you quote it without saving before ?
May 4
Ed Ludbrook and Udo Carsten Deppisch talking about cooonfidence.
52:20 Udo talkin about blockchain: It’s only a program.
79:30 Udo about gerlach reports a s o, lots of f-words, sounds like a serious businessman like Bill Gates or Richard Branson?
So it’s because of your lacking confidence if you don’t succeed, not because that Onecoin is not a legitimate crypto currency.
This is a same kind of claim as “you should not invest more than you afford to lose”. In both cases you have only yourself to blame. Nice psychology.
That whiny voice…. thirty seconds and I’m out. I just cant.
glenn smith was one of the top promoters of onecoin in the USA. after onecoin decided to stop selling their investment in the US due to fear of regulatory intervention, smith took his game international, promoting onecoin in dubai and the far east.
yesterday i came across a post on FB which indicated glenn smith had left onecoin:
so i checked out glenn smith’s FB page and it does seem he has dumped onecoin.
he’s now promoting some other cryptocurrency bitcoin related scam:
uh what? i thought onecoin was bigger and better and was the bitcoin killer??
smith has now restarted his international touring for whatever latest scam he’s promoting.
glenn smith was at the top in onecoin, hanging around the hong kong office, and giving ruja ignatova a guided tour when she had visited it sometime last year.
what happened glenn? recruitment die out? onecoin is not the answer for banking the unbanked and the worlds reserve currency any more? what happens to all the people you convinced to invest under you with your scammy lies?
the only explanation glenn smith can provide is photo after photo of his flashy ring and watch and the expensive foods he ingests, which are the rewards he buys himself from scamming people. such a vulgar and sleazy pig.
oops, looks like convicted felon tom mcmurrain has removed that incriminating video:
i hope someone has saved that video about mcmurrain giving illegal criminal advice.
awww, poor lil’ ken labine.
his fav ponzi is not giving him enough money to get to macau to swig beer and high five his scammer pals.
do his former pals [joby boughey etc] even talk to him anymore, now that he’s not recruiting hard and fast, and has fallen off the ‘leadership’ ladder?
poor lil’ chicken has to sit at home and make silly videos which address nothing of substance [who cares who is asking for donations for whatever!]
did you hear anything about Bafin, india, blockchain ….anything important or relevant at all? anybody can shoot some breeze and waste everybody’s time on youtube, it’s free.
poor lil’ ken is just trying to re-capture some of his infamy. fail!
@anjali – RE: McMurrain VPN hurdles – well, I’m hoping the SEC and FBI office whom I sent it to this morning had the opportunity to view it before he took it down.
video is still there just remove the “.” between u and b
youtu.be.com/watch?v=pkta27j–Ws
I’ve been saving only this screenshot: ibb.co/m1jhy5
@Nirmal thanks for the screenshot, I guess this time it’s fake news, a wrong hint or something similar.
We all know that information published through this website, though always spectacular, sometimes seem to lack a factual background.
ScamQueen is in Macau! Picture on ONE LIFE facebook.
My phone crashed after wisiting the side…. lol.
Maybe Mama Ruja sent a double?
I’m sorry guys! Today I received more threatening emails from an unknown email address.
I decided to delete this screenshot, I hope you understand my decision!
Hi full understanding your decision. in the end we are dealing with criminals so full understanding.
Well, only about 7 hours until things start to kick off in Macau.
On the agenda today and tomorrow:
We will know in the next 48 hours or so whether Gerlach Report is reliable at all.
A who’s who of all the scammers. Job made easy for the authorities if they’re interested…
muhammad zafar, a top onecoin scammer from the UK, has posted a video titled: Let’s Slap the Haters.
he says the haters all said the event wouldn’t happen and yet here they are partying with rujamama in macau.
that’s really all that these scam artists can crow about – hahaha look at us. we didn’t even get arrested!
yeah congrats scammers! imagine your luck!
as if a gathering of the top scammers of onecoin anywhere, proves that it isn’t a scam!
NOLINK://imgsa.baidu.com/forum/w%3D580/sign=b1b7cf2650afa40f3cc6ced59b64038c/61efffd2572c11df6babc737692762d0f703c267.jpg
NOLINK://imgsa.baidu.com/forum/w%3D580/sign=4145178bae0f4bfb8cd09e5c334f788f/f1e55a2d11dfa9ec49542e0368d0f703918fc167.jpg
NOLINK://imgsa.baidu.com/forum/w%3D580/sign=4090bbf4252eb938ec6d7afae56385fe/262998cbd1c8a786dd60f21b6d09c93d70cf5017.jpg
NOLINK://https://imgsa.baidu.com/forum/w%3D580/sign=c4d7843d9716fdfad86cc6e6848f8cea/d236b7a0cd11728b2428f334c2fcc3cec3fd2c51.jpg
@anjali:
Not just yet. Look in at OneLife Event Facebook and see the couple who also said that. Ruja and Sebastian. No Parhiala or Pablo are seen yet…
Reminds me of the uFun Club event. “Haha we didn’t get arrested” was the theme of the last uFun Club affiliate event.
A few months later they were shut down.
I mean really, if “Haha we didn’t get arrested!” is the takeaway from a company event you’ve sort of already lost.
Out of 3 million people just a few leaders, who like to shut down their downline leaders to take over their cheques, business is slowing down just check the nrs of new daily signups on the website, too few to have all those so called max out incomes, it’s all part of the exit strategy.
Dealshitter is just a decoy from the real discussion, a fake ipo, a so called shares deal on a belize ltd with a convicted lady who is the president?
The only thing they beat is the maddof story!
I think we are being set up as part of a defence by OneCoin who also seem to be seeking to sep up accounts again –In THAILAND AND iNDIA OF ALL PLACEs -BrAVE OR STUPID AND i WILL LEAVE you TO DECIDE ..
By the WAY WHERE ARE THE STEINKELLERS MAKING THEIR MONEY -IS IT STILL sOUTH america and what is happening there.
@MOI
I’m told Juha ain’t coming. However, Pablo is due to speak tomorrow.
Written to the Gerlach Readaktion, asking for clarification about the Macau Event. Where have they got the info , that Policechief Ma Io Kun will do what ever he can to arrest the One Coin Leaders?
They better be giving an explanation latest tomorrow GMT.
So, hurry up!!! Otherwise you wont be trustworthy, anymore.
Otherwise they want be reliable any more…
@Tim
Yeah, hiding in a secret place or in some hospital, i bet.
Thanks to Samantha Carter taking on this mission in the US.
Post on Disqus. Buyer Beware!The OneCoin Ponzi Exposé.
I thought the Macau event was not going ahead and people here were saying Chinese authorities were going to prohibit the Onecoin activities? I don’t think they manage to prohibit that. Is this just a sensational gossip forum?
Please advise.
@Crypto
Those claims were from the Gerlach Report. We’re still waiting to see if they play out.
OneCoin / OneLife, right now pulling off the biggest thefts in history in Macau!
OneCoin / OneLife Leaders:
Ruja Ignatova – Confirmed in Macau NOW
Sebastian Greenwood – Confirmed in Macau NOW
Juha Parhiala – Unconfirmed
Kari Wahlroos – Confirmed in Macau NOW
Christian Steinkeller – Confirmed in Macau NOW
Aron Steinkeller – Confirmed in Macau NOW
Stefan Steinkeller – Confirmed in Macau NOW
Frank Ricketts – Unconfirmed
Igor Alberts – Confirmed in Macau NOW
Jose Gordo – Confirmed in Macau NOW
Andrea Cimbala – Confirmed in Macau NOW
Ed Ludbrook – Unconfirmed
Muhammad Zafar – Confirmed in Macau NOW
Staffan Liback – Unconfirmed
Pehr Karlsson – Unconfirmed
Ralf Paulick – Unconfirmed
Anton Federspiel – Unconfirmed
Florian Andris – Unconfirmed
Yasir Mirza – Confirmed in Macau NOW
Mariana Lopez de Waard – Confirmed in Macau NOW
Tom McMurrain – Confirmed in Macau NOW
Joby Boughey – Confirmed in Macau NOW
Ken Labine – Unconfirmed
Lee Oshea – Confirmed in Macau NOW
Udo Carsten Deppisch – Confirmed in Macau NOW
Max Milian Nilsénius – Unconfirmed
Navid Tavakoli – Unconfirmed
Patrick Blom – now with Wor(l)d – just received ‘Diamond’ today
Mark Nishiyama – Confirmed in Macau NOW
Natchaphan Sonsirinun – Confirmed in Macau NOW
Iulian D. Cimbala – Confirmed in Macau NOW
Pynkimalinki Pynk – Confirmed in Macau NOW
Jem K Ali – Confirmed in Macau NOW
Saeed Kluu – Confirmed in Macau NOW
Andy Cope – Confirmed in Macau NOW
Lynn McDonald – Confirmed in Macau NOW
Source:
rettit.no/mrbitcoin/index.php?title=OneCoinSCAM
bitsonline.com/onecoin-threatens-critics
bitsonline.com/onecoin-biggest-scam-history
/ Anonymous OneCoinSCAM – Mr. BitcoiN
Don’t expect Gerlachreport’s statements to hold up. They are just like the English tabloid, sensation, gossip magazine “The Sun” and the German “Bild Zeitung”.
Big letters, big claims, little truth.
Well if they did, at this point it would be like a scene out of The Blues Brothers.
Thanks. The header seems a little misleading if the event hasn’t been prohibited.
Just out of interest, can a German tabloid press dictate the Chinese government what to do and what not to do? As far as I know China is not ruled by Germany. It’s an independent country.
Gerlach Report quoted members of the Macau police force in their original reports last week. Nothing since.
And we don’t know for sure if the event tonight hasn’t been prohibited, as it hasn’t taken place yet.
If the event did go ahead, someone needs to amend the header of this article.
I’ll certainly update it to reflect the event did go ahead (I’ll have to cover it separately anyway), but at the time that’s the story reported on.
Much appreciated Oz. Looking forward to your update and an unbiased, truthful, factual reporting. Thousands of readers visit this site every day. Credibility, authenticity and accuracy is important. Keep up the good work.
Thanks for the support!
Fake report! Disappointed to every anti-onecoin! Damn!!! No one will trust this report again!!!
Yeah, Gerlach Report are certainly going to have trust issues going forward if nothing happens tonight.
Yes no body believe this fake newest. No body can touch ONE COIN.
Well, except Chinese, Indian, German and Italian regulators.
And there’s still the London police investigation quietly underway.
yup, except for italy and germany and india where it has not only been touched but banned, and except all those banks which have touched and frozen onecoin accounts. i guess government warnings about onecoin can also be categorized as ‘touch’.
don’t gloat over your silly ponzi extravaganza. go whistle at your rujamama who has arrived at the macau venue in a cut up blanket [yup, that’s a woolen blanket print in india!].
she has very accommodatingly worn a low cut off shoulder dress, so that y’all can warm your eyes properly. sucha serious ‘corporate’ dress, just like something bill gates would wear, if he were a woman! [hasn’t onecoin got more coin value than gates?]
she better be worth every penny of the money y’all spent on tickets, right? and all the money y’all invested! enjoy!
looks like the macau event is delayed by an hour or so. cant say whether there will be live streaming or not.
also, i’m seeing a lot of empty seats. onecoin and it’s top scammers were saying that all the seats had been sold out, and that some additional seats had been sold, because of high demand. but these guys are professional liars so….
I’m seeing the Macau event live stream. It’s all over Facebook. Can’t remember when was the last time a cryptocurrency pulled an attedance as massive as this. I personally know people who cancelled their tickets because of this article in behind MLM, as it confirmed event was not going ahead and Chinese authorities had prohibited it.
I suppose people should, in future, check facts v biased incorrect propaganda before they analyse an article posted by bloggers.
Oz, I hope we see an article not only apologising for the misleading facts and ambiguous reports posted in this blog, but also an honest and true coverage of successful Macau event, being attended by thousands of delegates from all around the world. Thanks.
OneCoin Ponzi points aren’t a cryptocurrency.
The Gerlach Report’s shortcomings don’t change the fact that OneCoin is a Ponzi scheme.
@Crypto Novice.
1. Onecoin is not an cryptocurrency.
It is an ponzi scheme pretending to be a cryptocurrency, guillable & novice people like yourself think it is.
2. Cryptocurrency dont pull “attendance”.
There is No big supermega events from real currencys,
Why would there? “The American dollar megaevent” stupid, right?
3. If they cancel because of something posted by behindmlm, One would hope they did so after reading about all the arrests,bans,bank closings, official goverment warnings etc.
Im all with you tho, People should check for facts before investing in an illegal ponzi. Sorry, its not an investment. They dont Dell investments.
You want BehindMLM to apologise for the Gerlach Report and publish BusinessForHome style spam?
Pull the other one.
I do intend to cover the event happening but only through the lens of the Gerlach Report getting it wrong.
If you think an event in Macau justifies Ponzi fraud you’ve got another think coming.
Dummis. Lol. Well said that man. I Still think we are in the end game and I think it will be gone within 8 weeks if not less …..
Do we have any legal opinions from lawyers/solicitors confirming Onecoin is a Ponzi scheme?
Onecoin says they have 6 legal opinions including one from Wistrand, one of the oldest business law firms in Sweden, confirming Onecoin bonus plan is legitimate and is not an illegal pyramid.
How come no one has ever SUED Wistrand yet?
I think we should sue Wistrand and all those law firms for misleading the public.
Paid legal opinions don’t trump a business model.
OneCoin has no source of revenue except invested affiliate funds.
Using newly invested funds to pay a ROI is Ponzi fraud in any jurisdiction.
In the US law firms that worked with Ponzi schemes were sued by Receivers. That only happens after authorities move in though.
lol. paid opinions. lol.
has any regulator from any country where onecoin has been investigated said – sorry, onecoin is totally legal. carry on guys!
has any country withdrawn it’s warning against onecoin?
when onecoin convinces govt’s and regulators about it’s legality, then come back here to impress us. meanwhile, enjoy your psychedelic light show in macau where you all dress up and go – omg, we’re like soooo legal ’cause we can parrdy in macau!
About an hour ago Mariana Lopez de Waard posted a picture of the “new CEO” on Facebook, Twitter and Instagram:
facebook.com/marianalw1/posts/10154544948956439:3
twitter.com/MarianaLdW/status/861138607108747266
instagram.com/p/BTyOXHalcia/
In the 1 May 2017 Newsletter ( us9.campaign-archive1.com/?u=cf9659fd672fe664d487e7e1b&id=cd55ad7fb1 ) he was mentioned as one of the speakers:
I have not seen Pablo Munoz on any of the Macau pictures. Did he leave the sinking ship?
Live stream, Ruja is on stage:
NOLINK://www.facebook.com/KariWahlroosAmbassador/videos/450845128597183/?hc_ref=NEWSFEED
Have you bothered to read the legal opinions?
They amount to pretty much nothing with disclaimers (including not using it for promotion nor for 3rd parties – which is exactly what OneCoin use them for), depend on the information provided by OneCoin and have no substance whatsoever. They don’t even come close to scrutinising OneCoin’s business model and confirming it’s not a Ponzi. Even if one did, it’s not exactly an independent objective opinion because it’s paid for (using your money).
What happened to the German legal opinions? Oh yeah, BaFin, the German regulator, has totally banned OneCoin in Germany. So much for paid legal opinions, eh?
@Anjali
I am with your enquiry 100% and with a number of us in court as respondents it would be useful to have precedents /tips available to us to counter these onecoin lawyers and eventually the judges. I know Tim has been in contact with different authorities and it might be useful to have a link to these insights or channel through other sources.
@oZ
Can you suggest reference material re the sued lawyers by Receivers you cite inpost 133.
Thanks
So you are saying ‘Wistrand’ was bribed by OneCoin to write the legal opinion? Secondly, you want Attorneys and law firms to work for Free? If they ask for a fee, you would reject its authenticity?
Crypto Novice you are just a gift that keeps on giving. You know people that cancelled because they read something on BehindMLM? You don’t think that it has to do with the fact that they know it is a scam and were extra paranoid since it’s just a matter of time when it’s going to implode? You don’t find it strange how every single item on DealShaker is a scam? Wistrand is a Swedish law firm how is what they say relevant to the legality in China? Why hasn’t OneCoin issued an official statement regarding Macau crushing the rumors?
Moi @107
Regarding educational packages remember another couple of points ;
1 There is no requirement to pass any lower levels before moving onto the next level and certification is therefore equivalent to I have opened the pdf and have answered a few questions.
2 Affiliates can sell high level packages eg Tycoons even though they are registered at lower levels eg Trader –this is what John Barrett -the Irish pioneer did when he started here and why he also went wide on his lines to start as he could not get commission from going deep.
3 if you put your money in OneSave you got between 12 and 14% interest (Onecoin interest that is) so what has that got to do with education?
4 Multiple packages just meant multiple copies of the same plagiarised materials and levels 6 and 7 were not available ( If anyone has ever accessed them).
FINALLY , BARRETT ALSO SUGGETS THAT THE FACT THAT THERE IS A COOLING OFF PERIOD OF TWO WEEKS AS PART OF THE TERMS AND CONDITIONS ALSO HELPS TO LEGITIMISE ONECOIN AS A BUSINESS.
However , this is not made known when he puts out his hand for the cash and neither is it (or the educational materials) identified on the sign up sheets..
LALA LAND
Nobody said anything about bribes, you made that up.
But if your shopping around for a legal opinion of legality, pay enough and you’ll get one. Zeek had lawyers who swore it was legal, so did TelexFree.
Fat lot of good those paid opinions did in the end.
Gerry Nehra is a notorious example if you want to research.
I’ve also yet to see a law firm sign off on OneCoin’s use of newly invested funds to pay a points ROI being legal.
They all go something like “selling education courses is legal”, which is meaningless.
No news about the White Paper,yet.Why didnt the new CEO Pierre Arens talk about it…I Feel like beeing in a BingoHall.Very boring.
Use your coins on Dealshaker…
“Pay enough and you will get one”… that’s bribery isn’t it?
Nope. Bribery is a criminal offense.
Bad legal advice has only attracted civil litigation in Zeek and TelexFree.
I read some articles at “gerlach-report” and have to realise that there are more fake news than in german “bild-zeitung” or english “the sun”… I would be glad if the onecoin scam is over but the gerlach-report-articles are not trustworthy! A few days ago they published an article that since they published storys about onecoin the klicks and viewers on their website exploded. Say no more!
Yeah. GerlachReport reported fake news. It can’t be trusted, and hopefully will be never quoted on BehindMLM again.
So all Onecoiners, what great news did you learn about education? I’m eager to know!
Because as they say themselves, onecon is not investment opportunity – it’s all about education!! How much new education stuff was talked about on the event?
*nothing*? (probably).
whoa, i sat through a long video of the macau event [1hr 40mins! bloody hell!] which covered the speeches by sebastain greenwood, ruja ignatova and CEO pierre arens.
in the last half hour kari wahlroos jumps onto the stage with some wild arm waving and says – did you like the news today? did you? did you?!
i’m thinking – what news kari? are you high on something?
because:
– sebastian greenwood said onecoin had stopped the promotion of power packs but guess what, they didn’t really stop the promotion of power packs so buy more and sell more – this ain’t hardly News!
– ruja ignatova tried[and failed] to float onto stage in her floor sweeping blanket gown and said no xcoinx till 2018 [meaning nobody can make money unless they recruit].
ruja said IPO in 2018 . ruja said get more merchants and investors. ruja said convert your coins to IPO shares. ruja walked out – this is bad news and not new news. it means coins are useless, and all that investors can do is change them to worthless IPO shares, which if ever listed on some shady exchange will fall right through the floor.
– pierre arens the Sudden New CEO said this and that and walked out – this is a surprise. poor pablo munoz ran off it seems, without even a fare thee well!
all in all – no friggin news at all! complete criminal waste of time!
some respite: the best part was when ruja walked onto stage to the music of roxette’s – ‘she’s got the look’! like some fashion show ramp walk diva! hilarious aaaaand cringarious!
Kari Wahlroos One Life Ambassador facebook.
Tomorrow Training Day in Arena, Studio City Macau.
Well, interesting to see what they come up with.Its got no value at all. OneCoin will still remain the worst Scam as it is.
ooops i forgot : No White Paper!!!
not a peep about italy or germany or the poor stupid onecoiners sitting in jail in india!
buy more power packs people!
Alright, I just got home (was out this evening) and am pretty tired.
Going to call it a night but topics I’m considering tommorow for publication:
-obviously Gerlach Report’s “fake news”
-where is Pablo Munoz, you don’t randomly announce a new CEO and just quietly dispose of the old one (plus Munoz was a featured speaker up until only recently)
-the new CEO’s background
-Parhiala? (might not be interesting enough if it’s a cold trail)
Anything else? I haven’t gone through any video (was commenting via phone before) so if there’s anything there I’ll watch through it tomorrow.
Pierre Arens was introduced as OneCoin CEO.
Maybe Pablo is still CEO of OneLife. I didn’t hear anybody mentioning him, but I only saw parts of the event. Anybody have full video?
Parhiala said he is sick (thrombosis) and couldn’t come.
Ted Nuyten commented on Facebook the fake news, Gerlach and BehindMLM saying shame on them.
https://pbs.twimg.com/media/C_OPO8oXYAAL-St.jpg
wistrand undertook a very selective and incomplete study of the onecoin MLM opportunity.
all it says is that onecoin pays commissions on sales of products, so it’s a legitimate MLM.
sales of products to whom? 100% internal sales means a pyramid scheme.
even if sweden allows 100% internal sales, what about the product value?
horrendously overpriced almost worthless ‘education’ is not a legitimate product at all, and will never withstand a regulators or courts scrutiny.
the wistrand opinion doesn’t address these issues at all, and is a paid for legal fluff piece.
this is what the swedish gaming board had to say about onecoin:
the wistrand swedish legal opinion of onecoin is bullshit, and the gaming board has ignored it.
The same Ted Nuyten who replaced an article covering the German regulatory ban with another OneCoin affiliate of the month boast about how much money they’re stealing from their downline?
And not a peep about the Indian arrests (or any regulatory action against OneCoin for that matter).
Ignatova’s fist is so far up Nuyten’s ass one surely wonders how he sleeps at night? I bet she first dresses it up in its own little gown too…
I’m really not looking forward to the mess I’m going to have to clean up when people ask why a top MLM blog only carried PR fluff-pieces on the biggest European MLM Ponzi scheme of all time.
bwahaha^^ 🙂
well, the gerlach report is going to have your fist up their ass tommorow, you can dress it like a little porcupine! 🙂
The wrong information from G. Report, leading BehindMLM losing credibility….. damn!
Wasn’t it sorta obvious Gerlach Report are making things up? Which police department in the world announces in advance that they are going to arrest someone?
gerlach report was quoting chinese and macau officials. it seemed quite improbable to me at least, that they were making it all up.
the indian police announced that they would arrest anyone promoting onecoin in india.
it is entirely possible that the chinese and macau regulators were saying – we prohibit the event and will arrest them if the show up.
how could anyone know for sure that gerlach report was making stuff up?
hind sight is a good thing, but the problem is it’s never in the present.
Written to gerlachredaktion several times. WTF dont they remove the articel if its a fake, or come up with a pretty good explanation. perhaps they dont care.
we will see by tomorow.
@Anjali
You said Wistrand’s legal opinion is a “Bull Shit”. You sure you can say this in the court?
You say Onecoin package sales are “100% internal”. Please can you clarify what do you mean by “internal”? Any one ‘external’ member of public can buy a package.
I’m amazed to see the “expert opinions” of people on here and it’s mildly bemusing to be honest.
Wow WAHLROSS EXPLAiNS THE WHITE PAPER -TO SNORT COKE WITH!!! IMAGINE .kARI -THE BIPOLAR BLOCKCHAIN REVEAL. PRICELESS.
according to a post by kari wahlroos a few hours ago, pierre arens is CEO of onecoin and pablo munoz is CEO of onelife.
it looks like pablo munoz did not attend the macau event, and that is strange.
Looks like it went ahead and no arrests. Funny that
m.facebook.com/story.php?story_fbid=1805817739747269&id=1610775709251474
Boom
I guess the idea that Macau police would bust all the scammers and slam their asses in jail was just too good to be true…
Not unlike the financial fairytales that OneCoin is selling…
Thanks Oz for the work you do keeping up on the mlm good and the bad. Just because some fake news was put out by Gerlach Report does not sway me from believing in what you report.
Also to Tim Tayshun, keep up the fight to protect the cryptocurrency world from scams like onecoin. Ponzi scam all the way. Man do they brain wash their people.
I hope lots of people join Tim T. and help shut down and recover all the money people got scammed out of in the USA.
@DETC – Thank you for the support on behalf of all of us who have been fighting to expose the truth about Onecoin, its leaders, the difference between it and what cryptocurrency actually is, what it was created for and its very definition, technology, cryptography and “trustless” disruptive blockchain technology.
Meanwhile, here is a comment from another support group which has arisen for Onecoin victims in Nigeria/ Uganda:
Macau must have been an underwhelming experience for the onecult members. No real new news. No xcoinx any time soon. Not even any mention of the new Oneforex platform (as far as I have read).
But maybe Oneforex (where you should be able to trade real currencies) is their endgame. Just also allow Onecoin to be traded there and the value of ONE will be zero in no time. Then Ruja can say : “it is your own fault you stupid miners, you should have read your books!”.
Of course this won’t happen to Labine. According to his FB page he is “an educated miner”. LOL Put that on your resumé! Just LOL
Sure, why not?
OneCoin use newly invested funds to pay off existing investors, making it a Ponzi scheme.
A legal opinion doesn’t change that, and OneCoin’s business model is easily provable in court (it’s not a secret).
There are no retail sales in OneCoin. All investors are affiliates, which makes all funds internal. Recycling internal affiliate funds in MLM to pay off other affiliates based on recruitment is pyramid fraud. Using said funds to pay a ROI based on a predetermined price (set by OneCoin) is an unregistered securities offering and Ponzi fraud.
I’m sure Gerry Nehra and the other lawyers who signed off on TelexFree and Zeek Rewards thought the facts were amusing too. We all know how that turned out.
If OneCoin’s Ponzi model is “easily provable in court”, how come no one has ever done that yet? Hundreds of thousands of Anti Onecoin bloggers, hundreds of antionecoin web blogs, not a single person in the last 28 months in the entire world has taken OneCoin and Dr Ruja to the court? Interesting.
@CryptoNovice – RE: “If OneCoin’s Ponzi model is “easily provable in court”, how come no one has ever done that yet?”
OneCULT members live in a sheltered fantasy world under the wings of their professional indoctrination deployers (read: Team Leaders).
Here’s some news for you:
Italy (the country, not just some average Joe) declared Onecoin an “illegal pyramid scheme,” and decreed that ANYONE promoting it on their soil may face a penalty fine OF UP TO €5.000.000!
I’d say that this FACT pretty well obliterates your argument, wouldn’t you?
Because civilians aren’t regulators. You’d have to ask the Bulgarian government why they haven’t made a single public statement on OneCoin.
There’s plenty of other governments that have. But it’s easier for you to ignore them.
@Oz – RE: Onecoin Bulgarian Govt. Warning
Actually, they did! One of my favorite news bloggers on the subject covered this back in October 2015:
https://behindmlm.com/mlm/regulation/bulgarian-fsc-regulator-issues-onecoin-warning/
That’s basically the FSC saying “not our jurisdiction”.
Whatever department in the Bulgarian government is responsible for investigation and shutting down Ponzi schemes has been conspicuously silent about OneCoin.
you expect common people to take onecoin to court? i’m here to help expose the onecoin criminal enterprise so that common people don’t fall for the BS and invest.
why has onecoin not taken the italian and german regulators to court? all they have to do is wave the wistrand legal opinion in front of the judge, right?
ruja ignatova or her henchmen did not even mention italy, germany or india at the event yesterday, that’s how scared they are of regulators!
Onecoin is purely a cult in my opinion. Just don’t get how thousands of people can throw their money at such a scheme.
Which currency celebrates a birthday. Wake up onecoiners!!!
This is so true – what I don’t understand is why you waste so much time and energy trying to persuade people, who are obviously a bit too stupid, to realise they’re being conned. You are able to look yourself in the mirror whereas these scammers have no conscience.
I’m sorry but you just have to look at the people who are involved in this business. People who can’t get proper jobs, spivs and low lifes.
People who probably need to read an improving book, wear less jewellery (my mother always told me to never trust a man who wears jewellery) but are too busy trying to make money so they can show off their riches to other avaricious dream chasers.
I wonder what they tell their children they do for a living – cringe………? It’s all so undignified, crude and distasteful? Let them all sink together.
Anjali – you say oneCoin is scared of “regulators’. May I ask, which cryptocurrency is regulated? Is Bitcoin ‘regulated?
Secondly, OneCoin doesnt have to show the court Wistrand’s legal opinion because its not the corporate, but the individual IMAs that didnt abide by the company policy.
If you are mis-selling a producht as the company’s network marketer, its YOU who should be prosecuted, not the corporate.
Hundreds of Bitcoiners were arrested and prosecuted who were involved in drugs, mafia, and black money. Shall we blame blockchain, satoshi nakamoto or bitcoin? or those individuals?
Nice try.
OneCoin is a company. Bitcoin isn’t a company.
OneCoin is banned in Germany because it’s a Ponzi scheme.
OneCoin is banned in Italy because it’s a pyramid scheme.
OneCoin is banned in India because it’s a Ponzi scheme.
Has nothing to do with affiliates, it’s the business model that’s fraudulent.
Bitcoin isn’t a company.
As much as OneCoin tries to hide behind bitcoin’s skirt in its marketing, it’s not an apples to apples comparison.
Bitcoin is a legitimate cryptocurrency. OneCoin is a company that distributes Ponzi points to gullible investors.
typical response of ponzi pyramid scams^^
whenever there’s trouble, blame the affiliates and hang them out to dry!
here’s a challenge: if it was the conduct of indian affiliates and not the fact that onecoin is a ponzi scheme that caused the arrests in india, then top onecoin brass should come to india to recruit ..err.. sell ‘education’. okey dokey? or shut the frig up.
If you don’t realise that OneCoin is NOT a cryptocurrency (not even close), then you really are a novice.
@cryptonovice
You seem to be suggesting that it is the Affiliates who are mis-selling and if you look at OneCoin Terms and conditions is subject to investigation, discipline and extra-ordinary termination.
Believe me that is not going to happen justifiably. Best thing for those who have been duped is to write to your uplines requesting your investment back – and give them a deadline . Then escalate to the Corporate lawyer Irina Dilkinska and them make the formal complaint of mis-selling to the consumer protection agency in your country against the upline.
If any of your downline want the template on how to do this just let me know and I will post it.
or if you want it to claim money back from your upline I will post it here.
Posted on one of Labine’s followers FB page. What’s that all about? More fake news?
facebook.com/photo.php?fbid=10154300825606106&set=p.10154300825606106&type=3
…if you’re block from Labile’s FB here’s a screen shot imgur.com/sKBZCKF
^^some guys sitting around a table in the EU premises talking about onecoin? what does that mean? it wasn’t the EU parliament discussing onecoin for gods sake!
tom mcmurrain used to run a show called coinprophet [or some such] on grant cordone TV in the USA. didn’t mean shit.
an ex member of the belgian parliament called laurent loius [or something] was also promoting onecoin. today he’s fighting criminal charges for stealing money from his electorate for onecoin.
that convicted felon tom mcmurrain was thrown out of grant TV for promoting onecoin.
now you’re waving some EU parliament TV recording, and it doesn’t mean shit. who can stop people from gathering around a table and talking about onecoin?
your little video doesn’t legitimize onecoin in any way, unless these people were EU regulators – which of course they’re Not!
so tell ken labine to stick it!
FURTHER TO POST 184 HAVE A LOOK AT THIS TEMPLATE AND GET YOUR LOCAL LAWYER TO DEVELOP IT FOR YOUR JURISDICTION.
(Ozedit: Wall of text spam removed)
^^^ What does any of that have to do with the Macau event?!
For what it’s worth, Gerlach Report have updated on the Macau event.
OZ PUT IT SOMEWHERE MORE SUITABLE AS YOU WISH . IT WOULD BE USEFUL TO HAVE A LEGAL ISSUES THREA —OR MAYBE YOU DO?
THANKS
At :gerlachreport some sort of statement has been published today. Gerlachreport climes the local police attended the event and collected information. I don’t know how trustworthy that statement is, but it sounds reasonable.
Gerlach posted an editorial basically saying that they are collecting information from many different sources, official and unofficial, vetting as best they can.
The editorial also touches on the fact that their readership spiked in unison with their increased OneCoin coverage and that they take exception to be called ‘fake news’ and continue to stand by their articles.
That is hysterical.
If you go to the home FB page of Naseem Naqvi, you will find he lists himself as:
Member at World Stroke Organization
Member at American Stroke Association
((and))
FHEA at Fellow of the Higher Education Academy
If you go to “European Parliament / Audiovisual Services”:
audiovisual.europarl.europa.eu/Page.aspx?id=2026&menu=booking
You will find that: “We work on a first-come, first-served basis and facilities are free of charge, except for satellite circuits”
In other words, if Naseem Naqvi wants to get a few of his fellow strokers together and have a nicely videoed round-table discussion about stroking, audiovisual.europarl.europa.eu will let them do it for free!
SD
@crypto novice
To add to that, Onecoin psuedo-threatens “sanctions” for anyone “mis-selling the product as an investment.” Lol.
Ladies and Gentleman, Mr. Tom McMurrain (AKA: “Tom Ocean” [just a criminal alias, don’t mind that]):
youtube.com/watch?v=pxE3d0jHzEc
Interestingly, over a dozen Anonymous complaints were sent to “Onecoin Compliance” two weeks ago, from separate accounts and under Onecoin’s ‘whistle-blower’ Program, reporting Mr. Ocean …errr …Mc’Mmmkay’ for clearly violating these Terms.
However, while literally thousands of accounts have been frozen for much less egregious violations, McMurrain still operates with immunity, as he is a big bread winner for them.
Oh, and no response whatsoever to ANY of this neighborly policing on behalf of “the OneCULT network Family” by Corporate – despite even repeated follow-up.
Now, the instant McMurrain (pray to God) is arrested, come days, weeks or months from now, you can sure bet Ruja herself will come out and “clarify things;” with something along the lines of, “It has been brought to our attention that one of our leaders was doing something very very e-special-ly wrong, guys…” And dispose of him just like that.
But at that point his recruiting would have halted and he would be worthless, anyway.
I would presume that the way Chinese police operates is generally not so much different from the other parts of the world. Hence it doesn’t strike me as plausible that the police would go blabbering about their plans in advance to German yellow press.
GerlachReport has also claimed that Ruja Ignatova is a fake personality, which is rather strange considering that media has also reported about her fraud conviction.
But then again, it’s a craze world. Maybe this fake Ruja was so intoxicated about her role that she wouldn’t mind sitting through the trials.
Timothy Curry:
Is there some more info you can give us about that statement, just to avoid any missunderstandings.
@cryptokill
The problem with legal stuff is I’m not a lawyer and can’t veto bad legal advice. That and I can’t veto the source of legal advice either.
I don’t want to take on responsibility for potentially bad legal advice so no legal advocacy stuff on BehindMLM thanks.
whoa, that’s a great find about the european parliament audiovisual service.
another asinine onecoin claim to fame exposed for the load of crap it was!
@MOI
I’m referring yup this video (clip) in which McMurrain States that a €50,000 investment will give you $20M-$40M worth of coins: youtube.com/watch?v=pxE3d0jHzEc
…as we’ve seen historically, when anyone gets in “trouble with the law,” Onecoin will come out and throw ten under the bus. Whether it be the leaders in Italy, those who we’re arrested in India and elsewhere, or even IMS, which they also put out a statement claiming all of the above we’re unaffiliated with Onecoin “Compliance,” etc., in order to continue the charade.
If McMurrain is still making then money, which he is (both domestically and abroad), Ruja and Onecoin will “milk” him until his recruiting has ceased, because he (or anyone else) id’s of no use to then any longer and is only a detriment.
By post-facto, calling them out, even at this point, gives the appearance if perpetuating the pseudo-compliance game.