Serial fraudster Kari Wahlroos has died in Malaysia.

Wahlroos is reported to have died from streptococcus on November 24th, 2024. A leg amputation was performed but wasn’t enough.

In the lead up to Wahlroos death (early November), I also received an unconfirmed report he had diabetes, heart problems and “something very wrong with his stomach”.

After making a name for himself in the collapsed Wellstar pyramid scheme, Wahlroos joined OneCoin in 2015.

Wahlroos quickly rose to be one of OneCoin’s top promoters. As “Ambassador for Europe”, Wahlroos became the face of OneCoin’s marketing.

Wahlroos’ time at OneCoin, for which he is best known for a relentlessly energetic stage presence, was denoted by heavy drug and alcohol abuse.

Wahlroos would later confirm this himself, describing his time at OneCoin as a “James Bond lifestyle”.

Two months after confirmation of OneCoin founder Ruja Ignatova’s disappearance, Wahlroos was given the boot.

What followed was a depressing trail of failed MLM Ponzi launches, through which Wahlroos desperately tried to regain his “mighty eagle” days at OneCoin.

  • Wahlroos joined DagCoin, run by a former OneCoin promoter, in 2018

Global NFT Group was Wahlroos’ last scam.

To the best of my knowledge Wahlroos made his final Global NFT Group promo post in September 2024. Presumably sometime after, Wahlroos’ health issues got serious.

Although having plenty of time to reflect on his time at OneCoin, Wahlroos remained unapologetic over his role in the $4 billion plus Ponzi scheme.

In a January 2024 trailer for an upcoming documentary, Wahlroos told OneCoin victims to “kiss his ass”.

“Kari Wahlroos – OneCoin – The Inside Man” remains unreleased. It is unclear whether Orlando John has shelved the project.

What Wahlroos stole through OneCoin and subsequent MLM crypto scams remains unaccounted for. That said, Wahlroos is known to have amassed a property empire in Dubai.

Although not confirmed, it’s assumed Wahlroos bequeathed what was left of his ill-gotten gains to long-time love interest Betija Valrosa.

European authorities consistently failed to hold Wahlroos accountable for his scamming over the years.

Originally from Finland, at some point after OneCoin Wahlroos relocated to Malaysia. It is there Wahlroos died at the age of 55, just shy of his 56th birthday.