Bulgarian government petitioned over OneCoin inaction
An attorney representing several individuals with claims against OneCoin, has petitioned the Bulgarian government.
OneCoin @ BehindMLM
OneCoin and OneLife domains suspended, under investigation
EURid has taken action against a few of OneCoin’s more prominent website domains. Affected domains include Onecoin, OneLife, OneAcademy and OneEcosystem.
Why OneCoin’s Konstantin Ignatov travelled to the US
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…]
Judge suggests Frank Ricketts pleads guilty in OneCoin trial
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.
FTC sends 379 MLM companies deceptive/unfair conduct notices
Nov.02, 2021 in
ACN, Ariix, CashFX Group, companies, DFRF Enterprises, Dubli Network, Eaconomy, EmpiresX, Empower Network, ForeverGreen, FutureNet, GVO, Herbalife, iMarketsLive, Investview, Jeunesse, Karatbars International, LaCore Enterprises, Le-Vel, Lyoness, Nu Skin, Nui, OneCoin, OnPassive, Paparazzi, regulation, Seacret Direct, Sisel, Traffic Monsoon, USFIA, Valentus, Visalus, Wakaya Perfection, World Ventures, Young Living, Youngevity
24 Comments
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…]
David Pike pleads guilty to OneCoin fraud, $2 mill judgment
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.
New fake Ruja Ignatova video targets Chinese speakers
The OneLife Earth scammers have released a new DeepFakes Ruja Ignatova video, this time targeting Chinese speakers.
OneCoin promoters under investigation in Kenya
OneCoin promoters who roped a “seasoned lawyer” into the Ponzi scheme in 2018, are now suspects in a criminal investigation.
OneCoin class-action Plaintiffs file for voluntary dismissal
Plaintiffs Donald Berdeaux and Christine have filed to voluntarily dismiss the OneCoin class-action case.
OneCoin loses Santander account, now using Metro Bank
OneCoin appears to have lost its Polish Santander Bank account. The Ponzi scheme is now laundering money through Metro Bank in the UK.
