Entry of default recorded against OneCoin, Ignatova & Armenta
Class-action defendants OneCoin, Ruja Ignatova and Gilbert Armenta have had entries of default recorded against them.
OneCoin @ BehindMLM
Sheik Saoud sold Ruja Ignatova a Ponzi bank license
As part of Ruja Ignatova’s quest to sidestep finance regulations and avoid regulatory attention, Sheikh Saoud bin Faisal bin Sultan Al Qassimi sold her an Emirates banking license. The deal took place in September 2015 for $16 million USD.
Kuwait linked OneCoin & Ruja Ignatova to “terrorist groups”
A report from Kuwait’s Ministry of Interior alleges ties between OneCoin, Ruja Ignatova and “terrorist groups”. The leaked 2015 report, put together by the MOI’s Criminal Investigation General Department and marked “extremely confidential”, identifies Ignatova as
OneCoin’s UAE money laundering ruse was buying flash games
A Suspicious Activity Report from Mashreq Bank has provided insight into OneCoin’s ~2015 banking woes. The report, filed by the Mashreq Bank’s Audit, Fraud & Compliance Group, is dated September 1st, 2015. Affected customers listed are
Ruja Ignatova disappeared with 230,000 BTC, lawsuit alleges
A lawsuit filed by the Crypto Currency Resolution Trust alleges at the time of her disappearance, OneCoin’s Ruja Ignatova made off with 230,000 BTC. The staggering amount was worth just over $1 billion in October 2017 ($4600 avg). That same amount is worth $11.5 billion today ($50,000 avg, note BTC’s public trading value is all [Continue reading…]
Top OneCoin scammer Juha Parhiala dead (unconfirmed)
Social media has lit up with condolences for top OneCoin scammer Juha Parhiala. Thus far there hasn’t been any official confirmation of Parhiala’s death, reportedly overnight across May 10th/11th.
OneCoin scammer Muhammad Zafar arrested in Pakistan
Muhammad Zafar, one of OneCoin’s top earners, has been arrested in Pakistan. Zafar is facing fraud charges in relation to his promotion of “OneCoin and others”.
BaFin investigating German OneCoin promoter’s website
After four years of literally doing nothing, BaFin are investigating a German OneCoin promoter’s website.
OneCoin money launderer Frank Schneider arrested in France
Frank Schneider, a key figure in OneCoin’s money laundering operations, has been arrested in France. Schneider is also believed to have tipped off Ruja Ignatova about the FBI investigation, leading to her disappearance.
Mark Scott requests OneCoin sentencing be delayed indefinitely
In an endorsed memo filed on March 18th, convicted OneCoin money launderer Mark Scott has requested his sentencing be delayed indefinitely.
