OneCoin @ BehindMLM

Yesterday the Congress of South East European Women Entrepreneurs held their annual event in the Croatian capital of Zagreb. As part of a sponsorship agreement the Ministry of Economy, Business and Trade and Congress organizers, Croatian President Kolinda Grabar-Kitarović and Deputy Prime-Minister Martina Dalic were scheduled to speak at the event. On the day of the [Continue reading…]

With the President of Croatia scheduled to speak at a OneCoin sponsored event today, now a warning from the country’s top financial regulator.

In an attempt to score a PR gig for OneCoin, Ruja Ignatova took out corporate sponsorship for the Congress of South East European Women Entrepreneurs’ upcoming March 8th event. The Congress will be held on … 8th of March 2017 in Zagreb and we expect more than 500 woman entrepreneurs from Slovenia, Bosnia and Herzegovina, [Continue reading…]

Amid concerns OneCoin was a “deceitful Ponzi scheme”, last December the Italian Antitrust and Consumer Protection Authority (AGCM) ordered affiliates in Italy to stop promoting the company. A preliminary injunction concluded a few weeks later, resulting in an interim injunction banning promotion of OneCoin in Italy. Citing legal opinions the company had paid for, OneCoin dismissed the AGCM’s [Continue reading…]

In 1994 the Zhejian Higher People’s Court in China convicted Chen Man of murder. He was initially given a suspended death sentence, later commuted to life imprisonment. Questions about the legitimacy of Chen’s trial have always lingered. The fairness of Chen’s trial was questioned at the time, with his lawyer identifying 18 contradictions in his testimony. Wang [Continue reading…]

Strapped for cash or part of larger money laundering plans? Capital are today reporting that earlier this month Ruja Ignatova sold OneCoin’s Bulgarian headquarters.

Bjorn Bjercke refers to himself as “Mr. Bitcoin Norway” and works as a cryptocurrency blockchain developer. As per his resume, Bjercke has 19 years experience with IT solutions, where of 12 years within the Banking and Finance sector. In September 2013 my interest in Bitcoin sparked. Bjercke (right) has been working as a “Project Manager [Continue reading…]

Regulatory concerns about OneCoin are heating up in Norway, with news that the country’s top regulator has asked to attend a recruitment event this Saturday. Norwegian banks have also started blocking investment into OneCoin.

aUganda is the latest country to issue a regulatory warning against OneCoin. A notice published by the Bank of Uganda on February 14th all but accuses OneCoin of being a Ponzi scheme.

In his own words, when Chris Principe ‘first heard about OneCoin, (he) thought it was either a scam or a pyramid scheme‘. That quickly changed  after OneCoin paid Principe to run a fluff-piece in his Financial IT publication. In addition to paying an undisclosed amount of money to change Principe’s opinion of the scheme, OneCoin [Continue reading…]