Norwegian Gaming Board requests info on OneCoin affiliates
OneCoin’s days in Norway appear to be numbered, following a request to the company’s Norwegian lawyer for information on local affiliates.
OneCoin @ BehindMLM
OneCoin laundering funds through precious metal investments?
Following the revelation that the Mauritian Independent Commission Against Corruption has been investigating OneCoin since March, further details of the company’s operations in Mauritius have emerged.
Mauritian authorities investigating OneCoin money laundering trail
Authorities in India traced funds stolen by OneCoin affiliates to a Mauritian woman named Mary Beyance. Beyance worked with a partner in Bulgaria and, according to Indian authorities, sat atop a money laundering trail of at least $7.7 million USD. According to the Mauritian newspaper Le Mauricien, authorities in Mauritius are now investigating OneCoin.
Bank of Macedonia warns OneCoin has “elements of a pyramid scheme”
In Macedonia it is illegal to invest in cryptocurrency. Following repeated general warnings about cryptocurrency, the country’s top financial regulator recently cited OneCoin as an example of a pyramid scheme.
Korean regulator reports OneCoin to authorities for “possible fraud”
As per a report from the Korea JoongAng Daily, authorities in Korea have launched a police investigation into OneCoin.
OneCoin operating illegally in Belize, issued cease & desist
Belize, a tax haven in central America, isn’t really known for regulation. It’s seen more of an “anything goes” type jurisdiction. Nevertheless, the International Financial Services Commissions serves as the country’s top financial regulator. Charged with ‘providing appropriate supervision and regulation of international financial services‘ within Belize, earlier today the IFSC issued a cease and desist to [Continue reading…]
Steinkeller Brothers walk away from $2.5 mill monthly OneCoin income?
Siting atop the One DreamTeam OneCoin affiliate downline, the Steinkeller Brothers were purportedly taking home around $2.5 million dollars a month (so claims Ted Nuyten). With an established group of victims in One DreamTeam doing most of the recruiting work, all the brothers had to do was put in appearance at OneCoin events and continue to bank [Continue reading…]
OneCoin warning issued by Central Bank of Curaçao and Sint Maarten
The latest regulator to issue a warning against investing in OneCoin is the Central Bank of Curaçao and Sint Maarten. The warning, issued on May 23rd, applies to OneCoin, OneLife and the “OneLife Banking System” (believed to be the closed xCoinx exchange).
Two more OneCoin arrests, money trail leads to Bulgaria & Mauritius
The interrogation of Indian OneCoin affiliates in custody continues to pay off, with a continuing investigation by the Mumbai EOW leading to two more arrests. While OneCoin is notorious for laundering money through shell companies at a corporate level, the Indian investigation is revealing how things work on the ground.
John Maxwell to appear at OneCoin sponsored Colombian event
John C. Maxwell is an American motivational speaker who, through his John Maxwell Company, hosts leadership conferences all around the world. As per Maxwell’s website; For 40 years, John C. Maxwell has invested in leaders from all walks of life. His unique insights into the nature of leadership have earned him respect across generations of [Continue reading…]
