OneCoin @ BehindMLM

Was it ignorance, a false sense of security, stupidity, or a case of all three? There has been a lot of speculation why Konstantin Ignatov, then CEO of OneCoin, travelled to the US in March 2019. The ill fated trip culminated in Ignatov’s arrest at Los Angeles International Airport. Today BehindMLM can reveal Ignatov confidentally [Continue reading…]

The Judge hearing Frank Ricketts’ OneCoin trial in Germany has suggested he plead guilty. The recommendation was made after the Judge heard evidence against Ricketts, and on the basis a confession in the early phase of a procedure could have a mitigating effect. If it comes later, it melts down to a very small part.

The FTC has issued at least 379 MLM companies with deceptive and/or unfair conduct notices. This was announced by the FTC on October 26th. If it slipped under your radar, you’re not alone. I learned of the FTC’s announcement via a tip sent in by a reader. At first I thought there was some funny [Continue reading…]

OneCoin money launderer David Pike has pled guilty to one count of bank fraud. As per a Consent Preliminary Order of Forfeiture, presented at Pike’s October 19th plea control hearing, he is also subject to a $2.09 million dollar judgment.

The OneLife Earth scammers have released a new DeepFakes Ruja Ignatova video, this time targeting Chinese speakers.

OneCoin promoters who roped a “seasoned lawyer” into the Ponzi scheme in 2018, are now suspects in a criminal investigation.

Plaintiffs Donald Berdeaux and Christine have filed to voluntarily dismiss the OneCoin class-action case.

OneCoin appears to have lost its Polish Santander Bank account. The Ponzi scheme is now laundering money through Metro Bank in the UK.

OneCoin money launderer Mark Scott is alleging Konstantin Ignatov’s perjury is “far more extensive” than he admitted. As a result, Scott wants to delay proceedings related to his new trial motion.

Financially blacklisted under its own name around the world, OneCoin is now trying to get a foothold in Romania.