OneCoin @ BehindMLM

OneCoin run by a “gang of criminals”, $2.9 million seized in India bust

Developments on the Indian OneCoin bust continue to surface, in addition to the President of Thailands primary financial regulator claiming OneCoin is run by “gang of criminals”.


Four more affiliates booked in Indian OneCoin Ponzi case

Authorities in Navi, Mumbai continue to investigate OneCoin, following the arrest of eighteen affiliates last Sunday. The latest has seen police book four more OneCoin affiliates, who they believe hold “senior positions in OneCoin”.


18 arrested in India for holding OneCoin “Ponzi scheme seminar”

OneCoin affiliates looking to promote the Ponzi scheme in India held a recruitment seminar in Navi, Mumbai last Sunday. Unbeknownst to them, plain-clothes Mumbai police officers were in attendance.


DHL threaten to terminate agents who accept OneCoin

If OneCoin affiliates are to be believed, global freight giant DHL are now accepting OneCoin. In a March 25th post to Linked In, OneCoin affiliate Norbert Friedrich announced; DHL accepts OneCoin As the “phoenix from the ashes” rises, the secret giant under the cryptocurrencies rises to a new glow. The world’s largest package provider DHL now accepts OneCoin [Continue reading…]


BaFin clarify, OneCoin must cease and desist operations in Germany

In response to the German regulatory crackdown on OneCoin’s shell company IMS International Marketing Services, OneCoin issued a press-release claiming BaFin’s cease and desist did not specifically apply to OneCoin. Please be informed that the recently published BaFin message does not relate to OneLife or OneCoin’s Business, but to IMS GmBh. The company IMS is a [Continue reading…]


Malta issues OneCoin regulatory warning

Whereas some countries are taking a more proactive approach against OneCoin, others still grapple with a lack of regulatory authorization. The latest country to fall into the latter category is Malta, following a OneCoin warning issued by the Malta Financial Services Authority.


Norwegian Gaming Board mulls going after OneCoin affiliates

When a regulator tells OneCoin or one of its shell companies to stop operating in a country, OneCoin’s standard response is “but OneCoin doesn’t operate in that country!”. Technically OneCoin operates out of Bulgaria, through a shell Dubai incorporation. OneCoin was incorporated in Gibraltar but was kicked out late last year. In an effort to combat the [Continue reading…]


25,000 OneCoin victims in Germany, investor losses over $424 million

The fallout from BaFin’s freezing of OneCoin’s bank accounts in Germany continues, with more and more victims coming forward to report their losses. BaFin investigators have labeled OneCoin “one of the most dangerous money games of recent years”. The latest figures released by investigators on Thursday, April 13th revealed “at least” 25,000 investors Germany have [Continue reading…]


OneCoin investors arrested in Kazakhstan

According to an April 14th news report from Kazakhstan’s Tengri News, officers of the Economic Investigation Service in Astana have arrested several OneCoin investors.


Germany freeze OneCoin’s bank accounts, issue cease and desist

German authorities began investigating OneCoin mid last year. In the immediate aftermath of the investigation announcement, OneCoin lost its Deutsche Bank account. The conclusion of the investigation, led by the country’s top financial services regulator, saw remaining known bank accounts in the name of IMS International Marketing Services GmbH ordered frozen on the 17th and 20th [Continue reading…]