OneCoin lose Italian bank account, open one up in Hong Kong
OneCoin’s banking rollercoaster woes continue, with the latest seeing the scheme open up a new account with China Construction Bank (Asia) Corporation Limited.
Two weeks ago OneCoin revealed a new account with the Italian bank Banca Monte dei Paschi di Siena.
Within twenty-four hours the banking details were removed, suggesting Banca MPS shut down OneCoin’s account once they realized what was going on.
Now, a few weeks later, OneCoin’s latest banking ploy has seen them open up an account with China Construction Bank (Asia) Corporation Limited in Hong Kong.
In keeping with the use of shell companies (one can only assume “OneCoin” and “OneLife” are on a financial blacklist), OneCoin’s new bank account is in the name “Foshan Everbright Import & Export Company Limited”.
According to their website,
China Construction Bank (Asia) Corporation Limited [“CCB (Asia)”] is the retail and commercial business platform of China Construction Bank Corporation [“CCB”] in Hong Kong.
As of August 31, 2016, CCB (Asia) has 50 branches in Hong Kong and offers a wide array of banking products and services to customers, including consumer banking services, commercial banking services, corporate banking services, private banking services and cross-border financial services, etc.
As for Foshan Everbright Import & Export Company Limited, a company bearing the same name is situated in Guangdong, China.
Foshan Everbright Import & Export Company Limited is situated in main commercial area of Foshan.
(Foshan Everbright) is known the main manufacture base for ceramics, plastic, iron and steel for all over China. We therefore build up good cooperate relations with over hundred excellent industries.
The Hong Kong branch OneCoin are using appears to have been set up solely to launder investor funds through (as OneCoin has nothing to do with import/export).
Whether OneCoin purchased the company name or paid someone else to set up the shell company is unclear.