OneCoin @ BehindMLM

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.

In his letter motion for a retrial, Mark Scott’s attorney claimed the DOJ knew about Konstantin Ignatov’s perjury in advance. The DOJ contends prosecutors handling the case ‘first learned of these serious allegations only when Scott filed his Supplemental Motion.’ This is the DOJ’s opening salvo in opposition to Scott getting a retrial.

On September 24th the court approved public filing of two redacted communications. These communications revealed details of Konstantin Ignatov’s testimony perjury, committed at Mark Scott’s money laundering trial.