So we’re getting a OneCoin movie…
Initially I wasn’t sure I wanted to cover the OneCoin movie. Given the current situation around the world, I feel upcoming movie projects are very much up in the air.
That said, with the news Kate Winslet is on board, it seems, at least for now, the OneCoin movie “Fake!” has legs.
Deadline broke the news three days ago that Kate Winslet had signed on to produce Fake!
Deadline’s report didn’t confirm whether Winslet would star in the film. Subsequent reports (e.g. from The Wrap) confirmed Winslet would both star in and produce the film.
So far Winslet is the only actor attached to the project. While it’s tempting to ponder whether Winslet will play the villain of the movie, OneCoin founder Ruja Ignatova, I think it’s more likely she’ll play protagonist Jen McAdam.
Fake! is based on an upcoming bookq by Jen McAdam, a real-life victim of the OneCoin Ponzi scheme. McAdam wrote the book with Douglas Thompson, author of several crime themed books.
McAdam’s untitled book is based on her OneCoin experience. Initially a believer, McAdam, along with her family, went on to lose £216,000 to the Ponzi scheme.
After realizing she’d been duped, McAdam went on to coordinate OneCoin victim support groups.
Whether McAdam and her family will make back losses as a result of the film adaptation is unknown. The book itself has yet to find a publisher.
As someone who’s been covering OneCoin since 2014 and has authored 367 articles on the scam, here’s my two cents:
- “Fake!” is a terrible name and I really hope it’s just a preliminary project title. Can we add a byline at least?
- I don’t know where McAdam’s book starts but I hope it doesn’t gloss over her initial involvement. I think that transition to realization is crucially important as a plot line.
- Please weave the utter incompetence of European and UK authorities into the plot. People are going to wonder how this happened much of the blame rests with EU and UK regulators.
- Don’t inject Hollywood BS into the movie. The OneCoin saga should be compelling enough in the hands of a competent story-teller.
- If possible and with respect to McAdam’s source-material, expand the plot beyond her experience. 2014-2017 as part one focusing on McAdam’s journey up until Ruja’s disappearance. 2017 to Konstantin’s arrest and the subsequent fallout as part two. (I know there’s practically zero chance this happens)
- Ruja Ignatova should be portrayed as a female adaptation of Danny DeVito’s Penguin. No excuses, make it happen.
Movies typically take years to put together so don’t expect anything any time soon. Any updates we come across we’ll provide below.
In the meantime there’s also a OneCoin TV series to watch out for. Based on the BBC’s The Missing Cryptoqueen podcast, there’s been no further announcements since the February 2020 bidding war.
Personally I feel a multi-part TV series is better suited for the OneCoin saga. That said I’m also hesitant to preemptively write off McAdam’s book adaptation.
Let’s wait and see what the end results are I guess.
Typo, Oz. You used “Fear!” instead of “Fake!” in one spot, and Kate will produce, not product.
McAdams’ book will definitely find a publisher, now that Kate has attached her name to it. There is probably a bidding war going on. They need to get the book out long before the movie, and I doubt the script had been written yet.
Right now, I think it’s just the premise being optioned. Then when the movie hits theaters they’ll re-release with a tie-in cover.
Thanks. I’ve been making more errors than usual lately. Think I’m due for a break, it’s been about a year.
My last holiday coincided with Mark Scott’s trial so that doesn’t count. I spent most of my mornings going through court docs. Prior to that it was a few years at least.
Wrote off this year when COVID hit and just worked through it. Lemme see what’s on the horizon. Might take a few weeks off soon to recharge.
Am wondering your extended reasoning on this? And what ‘by-line’ you might feel potent?
IMHO it’s “punchy” and concise for broad consumption *which could be* a “win” for future potential VICTIMS to look out for.
OBVIOUSLY there must be some heavy s’plain’n to accurately tell the story, but from the (fairly) limited information I DO know, the mission of the book/ movie will be to tell the story from the VICITIM’S side of it
….and thus, I have faith (lol – “faith” context) that it WON’T “gloss over her initial involvement”at all – as I believe the human factor of people making financial decisions, hastily, and thereafter being emotionally attached to them, without on-the-spot DUE DILLIGENCE (particularly in this pseudo-crypto recruitment scenario) must be one of the most IMPORTANT inconveniences and embarrassments which someone could lay down when suddenly facing such a BRUTAL *paradigm shift* (but which is sooooo crucial to “tell”)
Being that Jen has for 3(+?) years lead …really BUILT …a. massive and honest Onecoin Vicitim’s Support Group (despite EXTREME HARRASMENT), …and also achieved an “Executive Producer” role in this upcoming film adaptation of her experience, my personal interactions with Jen dictate that this exercise will be BRUTALLY (and even hurtfully/ uncomfortably) truthful!!
Part of Jen’s journey was having to digest a very large and very uncomfortable “pill.”
In fact, having “allied” with her since her ‘transition,” , I have some introspect (as only an outsider looking in can) upon how emotionally backstabbing and contradictory such a revelation of betrayal might impact a fellow human. I do believe that this aspect will be important (albeit challenging) to effectively capture.
FYI: Winslett WILL PLAY JEN.
In order to tell a TRUE STORY of being both a Ponzi fraud victim, and yet “promoter” (albeit short-term. …, but to friends and family …and to the tune of roughly $300K) you have to come totally “clean” and wear your heart on your sleeve.
Everyone should take into consideration that Jen really began designing a plan and kind of “roadmap” in order to keep the subject alive.
By focusing on pursuing as much media attention (such as BBC, Street Press, Wall Street Journal, etc.) which would have influence upon and resources into “digging deep” and uncovering what interested parties had been exposing and republishing (many revelations which originated here with Oz and his researching/ investigative/ enthusiast Consumer Protection Advocate base), she built a massive following of victims waning reliable information about the #FACTS!
I support Jen 100% and believe ….while obviously EXCITING …this is not an ‘easy’ story to tell.
God bless her.
I can envision some “protocols” fellow interested parties and scam-busters may follow in order to achieve similar recognition to their plights.
And I BELIEVE that “Justice is Coming”
To me “Fake!” sounds like a hokey musical number. And as someone unfamiliar with OneCoin, I’d have no idea what the move is about.
I haven’t put any thought into it but something clever tying into OneCoin?
As a long time follower of your your reporting, especially as it relates to OneCoin and it’s derivatives, I’m not only hopeful this comes to light I’m also hoping it casts a broader net and highlights some of OneCoins more ‘successful’ promoters as well.
Sadly, they continue to perpetuate these Crypto scams with wonton abandon and disregard for the damage, pain and suffering caused.
They are also blithely helped along by those fanning the flames of their success in glossy reviews of the incomes, yet shying away from the fact that it’s derived from these insidious crypto/bitcoin/forex scams.
Good job shining light on these issues. Keep it up!
Oh, I agree “Fake!” is a lousy name. It’s punchy, but it requires too much explanation, as it practically needed that super-long title like that Birds of Prey movie.
It needs something like “Vanished Betrayer”
This popped into my head, so I’ll toss it into the ring:
A Bright, Shining Fraud
It speaks to coins being bright and shiny, and the fact that so many were drawn in like moths to the flame of false hope.
The word is going around that another big OneCoin/OneLife ‘leader’ is out. Latam/French promoter Julien Zerbini was recently kicked out of the OneLife co-captain board by ‘captain’ KingJayms.
Zerbini traveled few days ago to Dubai for professional reasons not related to OneLife according to his message on Instagram.
I think it should be called: Abdication of A cryptoqueen.
The movie is named after the book by the same name: ” Fake!”
Also, for clarification, Jen’s book DOES have a ‘by-line’ beneath the Title which has just not yet been revealed publicly.
Ah, fair enough then. Hopefully it carries over to the movie.
Two years ago today, the following video was uploaded to YouTube, in which Jen McAdam was also shown and mentioned.
Looking at the next scam for sure. Dubai is the new mekka where most scams are installed and where plenty leaders reside on paper of course.
These movie/TV projects must feed Ruja’s vanity in a way that she feels tempted to come out of her hideout to tell her side of the story and enjoy the “fame”.
I’ve been wondering, why doesn’t she just turn herself in to the German authorities. Since she is a German citizen, Germany won’t extradite her to US and the worst outcome she could get is couple of years prison time in a cozy, hotel-like prison in Germany.
It should be palatable price to pay, especially when it’s unlikely the authorities will ever get their hands on to the bulk of the money she stole.
I agree, as the problem is much bigger than OneCoin.
Will Wes Garner, ONGOING serial Ponzi promoter and FRIEND of Jen McAdam, be portrayed?
I agree with Oz about the movie name, “Fake” is just not good enough for the whole scam.
Maybe “FakeCoin”, “False Millions”, “10/18/2018” would be better titles for the movie.
Some facts about OneCoin scammer Julien Zerbini.
1. He only has 1,940 subscribers on YouTube.
2. He uploaded the last video on July 18, 2020.
3. He has deactivated the comment function for many of his videos.
4. In May 2019, he published a webinar entitled:
5. He last updated his personal website julienzerbini.com in May 2018.
6. On this website he links to onelifemagazineima.com, although this portal no longer exists.
7. He claims to be 32 years old with over 10 years experience in network marketing.
8. On March 18, 2020, the dealshakerlatinoamerica.com website was registered. I assume that Julien Zerbini is the owner of this page.
9. 14 countries are named on the homepage, but only four of these countries have a content (Colombia, Mexico, Peru and Panama).
10. Because the OneCoin is absolutely worthless, the tickets for the DealShaker Expo in Cali (Colombia) had to be paid for with 150 or 300 USD.
11. In a video on YouTube, Julien Zerbini and Luis Segura are referred to as:
12. The email address of this scammer:
In regard to the name of the movie, what we have to understand is that 99% of the world’s population has no clue what is OneCoin; who Ruja Ignatova, Sebastian Greenwood, Mark Scott, Konstantin Ignatov, Gilbert Armenta, and the rest of the cabal are; so the movie title has to be something that grabs their attention, not ours.
While we all know all about OneCoin and all the players, it is easy for us to be disappointed in the title of the movie. We also don’t know what the tag line will be to supplement the title.
The movie trailer will do the job of educating the public about OneCoin and the story to get them to want to see the movie. It is also possible that the title could be changed before filming starts or is finished.
When you say “Fake” it does conjure up images of what it could be about and makes you want to know more. Just my 2 cents worth.
Julien Zerbini was also DealShaker Country Manager for France and Belgium.
I disagree, and agree with Oz that it’s a horrendous title. It’s like calling a murder mystery “Cut!” or a romcom “Pretty!” It’s banal and tells you absolutely nothing. It could be the title of thousands of other films (if their writers hadn’t thought of better titles).
If you had to guess what a film called “Fake!” is about, most would say either a counterfeit art scam, or somebody impersonating someone or something (e.g. Catch Me If You Can). Somebody faked a cryptocurrency? Who cares? Even the real ones are verging on fake anyway.
The interesting aspects of the OneCoin story are the cult brainwashing and the money. The title fails to capture that.
The BBC’s “Missing Cryptoqueen” is an example of what they should have been going for. Most people don’t know what crypto means, but “Queen” tells you it’s about someone important, and everyone loves a story about a missing woman.
The word “Cryptoqueen” draws from OneCoin’s story and Ignatova’s cult of personality. So it means something both to people who know the story and those who don’t. “Fake” has nothing to do with OneCoin’s story at all.
The following screenshot is from ZDF, a German television station and was shown in the popular “heute-show”.
A possible title would be: “The long way from OneCoin to ….Coin”
Ken Labine MUST be played by Quentin Tarantino.
@Zhunrizer – AGREED! Hahaha!!
@Malthusian – I can imagine (though I have no knowledge thereof) that name and a powerful supplemental sub-title being splashed over an image of, say, the Wembley Arena “Coin Rush” Event, with the star (certainly Jen, not Ruja) wide-eyed and mesmerized by the glitz & glamour… etc., which would easily convey the suggestion of “opportunity” in the nascent, new financial technology field.
I’m sure there are numerous ways the Film’s marketing can depict Onecoin’s scam marketing and propaganda for which the title Fake! invokes an, “uh oh! I know where this is going and I (or sometime I know) fell (or almost fell) for one of these scams! …I can’t wait to see it!” …Kinda thing.
… just my 2 cents, as well.
Oh, for an upvote button…
That’s a great idea. Where can we invest into that moovie ?
The returns will be much more than what the ponzis usually pay.
How about “Shitcoin – The true story of how Billions went down the crapper”.
@Mike – “shitcoin” implies it was a cryptocurrency.
“DealShitter” incorporates the introduction of the smoke & mirrors though.
OK, how about “Deceived: One Coin the crypto-currency that wasn’t.”
@Lynndel – that makes sense, but also remember what is the favorite two word reply every brainwashed Ponzi believer in any scam first comments if you post a BMLM article (or any factual article, for that matter) exposing the scam, mechanics of the scam, scammer’s histories, or arrests/ prosecution of the scammers?
Am thinking maybe the name will also play off of the recurring theme of that persistently annoying “#FakeNews” zombie retort.
Mortal Koinbat: Haterz win! Flawless victory.
Insert OneCoin to continue…
I like “FakeCoin”.
It is a play on Bitcoin and OneCoin being fake. Everyone knows Bitcoin and many people are suspicious that Bitcoin/cryptocurrency may be fake.
OneCoin and DR. Ruja are the villains, but the story really should not be about them. It should be about the underlying human nature driven by greed and desperation that makes these Ponzi schemes possible.
The story should not stop with OneCoin, which is the granddaddy of all crypto scams. They will continue in many forms today and into the future.
It also could be an opportunity to unveil the power, potential, and virtues of cryptocurrency to empower people to take back control of their money and their financial system.
It could show how all new disruptive technologies are discredited by the establishment and how they must go through a maturation process before being adopted by the mainstream public.
OneCoin is merely one story in the maturing process similar to snake-oil salesmen ever-present in the settling of the wild west frontier of America.
But that may be for another movie at another time when the market is ready for crypto. I am writing my own memoirs over the past 6+ years of in depth technical and business crypto experience, possibly a book titled “Crossing the Cryptocurrency Chasm”.
How about “Fake-The Cult of OneCoin”?
+1 for FakeCoin. Don’t even think it needs a byline.
As I understand it the plot is crime-drama, not fantasy.
I’m shocked! Who is sabotaging the Bulgarian wonder currency OneCoin, the world reserve currency after the dollar and the euro became worthless?
I quote the “Captain” Cordel KingJayms James:
I hope that this sabotage will be reported in the movie!
There is a much larger story in terms of how multilevel marketing companies take advantage of people who are vulnerable.
I am creating videos for my YT channel that tells the stories of those who were on top of the OneCoin pyramid. There are many MLMs that interconnect across these various individuals who continue to perpetuate the dream moving from one “opportunity” to the next.
So far I have covered Igor E Alberts and the Steinkiller brothers. I have edited the video I will release next week about Juha and am in the middle of researching Tom McMurrain.
Thanks to Oz and the Ponzi Scheeme Wall of Shame, I have initial names so that I can uncover their past, their connection to OneCoin, and whatever scheme they may be associated with currently.
They should all rot in the darkest dankest dungeon IMO.
OneCoin is the worst of the worst of the underbelly of Network marketing. Regulators are understaffed and move slowly in shutting down these illegal businesses.
The primary question that regulators ask is “Show me the money?”.
If almost all of the company revenue is coming from new investors promised a return on investment, then they are an illegal Ponzi scheme.
If almost all the company revenue is coming from purcahses made by the sales force, then they are an illegal pyramid scheme.
If most of the company revenue is coming from retail customers that are not part of the sales force, then they are legal.
The issue regarding legality is about the source of the revenue and not about the structure of the sales force. There are many decades-old network marketing companies that have been ruled legal by the courts like Amway, Shaklee, and Melaleuca to name a few.
Corporate America is a multi-level pay structure that is paid based on sales. Their ranks happened to have the titles of President, Vice-President, Senior Director, Director, Sales Manager, Sales Supervisor, and Salesperson. They are legal because they have real retail products being purchased by real retail customers that are not part of the sales force.
Network marketing is wonderful when done right. Unfortunately, because of its low barrier to entry, It’s potential for great opportunity also invites scammers taking advantage of innocent good people.
Network Marketing does not equal Ponzi although many Ponzi’s are promoted through network marketing because of the power of referral marketing, which is used in these cases by bad actors.
Like guns, Network Marketing is just a tool. When in the hands of good people, it can be used for good, but when in the hands of bad people, it can cause much devastation.
We do not throw away our freedom just because some bad people take advantage of it. We do not throw away referral marketing that pays multiple people on each sale just because some bad people take advantage of it.
Freedom and Liberty in America give us the opportunity to think for ourselves and make our own decisions without the rule and control of dictators.
It would be nice if legal enforcement could move quicker to save a lot of pain, but maybe that is where the people step forward with facts to help others make intelligent decisions.
Thank you Oz…
With or without a crown?
His website is no longer available. Why?
1. This is a worldwide forum, not an American one. What is or isn’t legal in the USA is irrelevant to 95.8% of the world’s population.
The EU legal definition of pyramid selling for instance is quite different from what you posit here. MLM schemes also tend to run into legal hurdles in European countries that simply don’t exist in the US. (Which a lot of them simply try to ignore, BTW.)
This isn’t true in any country I’ve ever heard of. If the investments being sold are for real, and the required regulatory process for selling securities has been gone through, I don’t see why selling them through an MLM system would be a problem in itself.
A Ponzi scheme is simply fraud, that’s got nothing to do with how it’s sold, and the vast majority of Ponzi schemes haven’t got anything to do with MLM.
In fact, while Ponzi schemes date back as far as (at least) 1869, the addition of an MLM pyramid to flog some of them is a fairly recent phenomenon, which AFAIK didn’t exist before the internet era.
In practice, however, I cannot think of any MLM company selling securities which operates legally, anywhere, and which isn’t obviously a Ponzi scheme. But perhaps they exist and I’ve just never heard of them.
Oh I have the crown in the video. It is in the video I did on the Steinkillers too. He is so very extra in the most awful way.
His website is no longer available. Why?
It seems someone has leaked all OneAcademy education material..
This pastebin link was posted to finnish MuroBBS:
@PassingBy: The name Ponzi comes from Charles Ponzi who was an Italian swindler and con artist in the U.S. and Canada in the 1920s.
A “Ponzi” scheme is the same worldwide. Investors are told that their money is being invested in a business that will produce a good return on investment (ROI). In reality the business produces nothing. It’s only source of revenue is investor’s money.
New investor money is used to pay an ROI to old investors to create the image of legitimacy. Old investors initially receive the promised ROI and are then confident to invest more and to tell their friends.
This typically continues until there is not enough new money coming in to pay ROIs to the increasing number of old investors.
The company starts coming up with excuses for the delayed payouts, or they add on new features to incentivize investors to keep their money and returns in the company for even higher profits, or they just disappear and run off with all the money.
OneCoin did all three. First, they stopped withdrawal requests because “their systems were being updated in preparation for going public”.
Then they announced a “new coin” that paid even higher returns. And finally, Dr. Ruja disappeared.
Obviously, Ponzis do not require MLMs. But they are greatly accelerated through network marketing with an army of promoters that are financially rewarded.
Some Ponzis are exclusive like Bernie Madoff’s Ponzi scheme, which likely ran for decades, defrauded thousands of investors out of tens of billions of dollars.
Investors put their trust in Madoff because he created a front of respectability, his returns were high but not outlandish, and he claimed to use a legitimate strategy.
He was convicted on March 12, 2009 to 150 years in federal prison and $170 billion in restitution.
Some of the MLM Ponzi schemes that I have researched have been “Hybrid” Ponzis. They actually produce something (e.g. from trading or mining crypto). They show those results to convince people that they are legitimate.
What people do not see is that the produced profits are nowhere sufficient to pay the ROIs being paid out to old investors. Most of the ROIs are still being paid from new investor’s money.
In MLM Ponzis, the conmen and conwomen are not only the company owners but also the independent promoters that are fully aware of the scheme and typically bounce from one Ponzi to another.
Zeek Rewards is a good example of another Ponzi that ran from 2010 to 2012 and eventually collapsed under its own weight like they all do.
Regulators placed the company in receivership and went after big promoters like Phil Piccolo, to claw-back the money. Many of the Zeek Rewards big promoters fled the country.
Most, if not all, MLM Crypto programs are Ponzi Schemes.
Anyone with any common sense should ask the question – If they really did have the magic formula to produce the promised high profits from trading or mining crypto, then why wouldn’t they just use it themselves?
It would be a huge competitive advantage that could make them very wealthy. But of course, we all know the answer to that question.
Sorry, if I offended anyone with my American perspective…
The so-called “OneAcademy” is the worst joke of this century. 15 videos on YouTube, all added together with a length of only 18 minutes and 16 seconds. What can I learn in this time? What can the 1,800 subscribers learn? NOTHING!
I can’t learn anything on the website oneacademy.eu either. I see:
Already in May 2015 Ben Zmith uploaded the following video on this topic:
Another example from OzDelphi:
Bob Wood, the man never to get stuck in an elevator with.
Actually, “Point 14” of Unfair Commercial Practics Direction is NOT that different from Koscot Test.
Where as the American Federal court decision (Koscot Test) is roughly as follows:
Slightly different factors, but the definition is largely the same.
In Germany there is a special law against fraudulent MLM and Ponzi schemes.
Unfortunately, as usual in Germany, the penalties are very low. A maximum of 2 years imprisonment or a fine.
In the case of fraud – § 263 Fraud of the Criminal Code – five years imprisonment are possible or a maximum of 10 years in a particularly serious case.
I really appreciate the comments here that are researched and verified facts rather than emotional opinions. That is the best way that we can be responsible in educating people about all the scams.
Professional decorum and personal respect and kindness also go a long way in effective communication.
I mean it’s obvious the title should be “Funny Money” come on guys.
It isn’t funny to the victims though. And McAdam doesn’t represent too many of them. And it sounds like Woody Allen. What about Fake Dime?
One thing I would communicate effectively is that I have no personal respect for you and never have had, since tripping over you and your “professional decorum” more than five years ago.
Go a long way. Away.
@tmfp: please identify yourself if you have an issue?
I do have a question for you: After the collapse of GCR coin you started Nexxus University, and it was to have its own crypto-currency.
After forming Nexxus University and its own coin, the last I heard it was dumped and you were using Ethereum. Is this true, and what is the status of Nexxus University?
@Lynndel “Lynn” Edgington,
Thanks for asking.
Nexxus University is live and running. We stopped billing people for the cryptocurrency education and certification in 2018 and have allowed people free access.
Nexxus University was independent from the Nexxus Coin, which started on it’s own blockchain, then moved to the Ethereum blockchain as an ERC20 token to be more secure against 51% attacks and allow us to focus on the business model rather than the technology.
Our focus for several years has been on Nexxus Rewards rather than Nexxus University. Our goal is to create a real business that creates real utility demand for cryptocurrency.
We don’t do crypto sales, trading, or speculating. That is not a win-win business model. Cryptocurrency prices will stabilize when they have the majority of the buyer demand coming from a utility purpose instead of volitile speculators.
Nexxus Rewards is not MLM but uses a professional sales force. Much of our efforts recently have been trying to raise operating capital from VCs and investors to launch Nexxus Rewards. The current business environment has slowed our efforts temporarily.
Hope that helps…
Can someone identify these Ukraininan officials Luca Miatton is meeting:
This is the translation of the post:
Oleg Uruskiy – Deputy Prime Minister, Minister for Strategic Industries of Ukraine, seems to be in the middle of the photo:
How to create value and market capitalization in the OneCoin/OneLife/Dealshaker ponzi scheme world?
Simple! Put numbers on the Bulgarian criminals’ MLM website! Magically you have created more market capitalization than Apple, Amazon, Facebook, Alibaba etc. It’s that easy!
OneCoin has over 10.6 TRILLION Euros Market Cap, just see from the BackOffice if you don’t believe!
Dealshaker Global Director Raul Pazos explained today in his webinar this amazing news and I just had to make a short video of it:
He’s a little late at claiming that OC is bigger than Apple, Alibaba, Microsoft, etc., as Denis Murdock made that ridiculous claim 2 years ago in a video of him being “interviewed.”
Raul just claimed it was 5 times bigger than Denis Murdock claimed. If they bought Denis Murdock’s lie, they will buy Raul’s lie too.
Only the ignorant are left in OC, and that includes their idiot leaders.
@Lynn, Murdock didn’t have a big official position in the Network though.
Raul Pazos as the DealShaker global director is a top3 guy in the network.. The top3 being KingJayms, Adeel and Raul Pazos at the moment.
What a scandal!
These Luca Miatton’s meetings are bearing fruit.
Now an Ukrainan parlamentarian Lidiia Koteliak (facebook.com/lidiia.koteliak) appeared on OneLife webinar prasing mafioso Miatton and telling that:
Apparently, Ukraine is in process of renewing cryptocurrency legislation, and thus were open to meet “cryptocurrency people”, without any proper vetting/Due Diligence.
It also sounds like Luca told the Ukrainians some fairytales about investing into titanium mining and space technologies and properties to get it. The Ukrainians probably smelled a good opportunity to corruptly benefit from these Luca’s plans.
Luca Miatton’s elusive upline boss shows his face in the video, and it seems he was in the meetings with Ukrainians too.
Seeing as Ukraine + MLM = scam, I’m not surprised what’s left of OneCoin is up to shenanigans there.
On the plus side does this mean we can expect some new OneCoin Boris CEO videos?
If OneCoin gets legalized in Ukraine, I expect some heads to roll once the realize what they have done.
Legalizing the world’s most famous fake scam coin would be a major blow to the credibility of Ukraine’s financial system both domestically and internationally.
Ukraine has been trying hard to clean up its act to secure aid, loans and investment, and epic stupidity like legalizing OneCoin doesn’t bode well for the country.
To me this whole Ukraine thing looks like another marketing ploy by Luca Miatton: Try to meet with enough important people in Ukraine to give hope for the Italian members.
It’s interesting to see do they manage to actually arrange a meeting with the national bank of Ukraine. That would be pretty funny, and seriously embarrassing for the ukrainians.
How would Ukraine legalize something which is in total control of a small shady Bulgarian company and exists only as numbers on a non-working MLM website..?
Not sure there is enough corruption money available to make such craziness happen even for a short period of time.
Not to mention Ukraine, its financial authorities and national bank would lose totally their reputation, and I don’t think USA would let it go without consequencies.
@Semjon, Lidiia Koteliak is not a current member of the Ukraininan parliament. She was a people’s deputy in the parliament in 2012-2014:
Not really sure what she is doing nowadays, but it’s 6 years since she was a parliament member.
I too was looking into what kind of politician this might be, and you beat me to posting about the fact that she’s only an ex-MP. You also found better stuff than I did.
The Ukrainian Wikipedia article you found says she was elected in 2012 in constituency no. 123. The following page includes the result of that constituency in the next elections, in 2014:
So the second time she stood, after only two years in Parliament, she got booted out, coming third with only 11.55% of the vote. Very impressive.
The Wikipedia article also interestingly adds that in 2014 she didn’t just lose her seat, she was expelled from the party she belonged to (Batkivshchyna) “for betraying party interests”.
Since she still stood as the party’s candidate in the election on October 26, this must have happened shortly afterwards.
In most countries it’s a crime to pass oneself off as an elected official (or an official of any kind). It’s hard to think of any reason why she would be doing it other than financial.
Maybe she thinks she can get away with it if she only does it with foreigners.
Something tells me that claimed meeting with the central bank of Ukraine is just about as real.
It seems Lydia Koteliak is nowadays the Otaman hotel complex owner in Lviv, after working in State migration service of Lviv region in 2019.
Here’s a video of Luca Miatton visiting the hotel complex:
So, Luca and Lydia are now pretty much in the same area of business: hotels and OneCoin scamming..
And Lydia is using her political relationships to arrange meetings with Ukrainian politicians and Luca..
RUJA IGNATOVA FOUND!
According to the high circulation upmarket UK newspaper, the Daily Telegraph, Ruja Ignatova has a new identity (witness program?) as an NHS doctor in England, specializing in ‘nutritional science’ (fertile MLM territory…’ONEDOSE’ coming up?).
Oh, and she’s changed sex.
You had me going there, for a minute.
The real “Dr Rupy” bears no resemblance to the criminal Ruja Ignatova. Bearded women are rare.
Here’s a Q/A section from a UK OneLife webinar few days ago Saturday.
Members are having big problems and one woman questions the whole BS.
We should remember what the OneCoin fraudsters Florian Andris (right) from Germany and Chris Principe announced in November 2016:
I finally got around to listening to this. Thought it was just the boomer at the start with email problems.
Then ~4 mins in another lady drops the bomb. LOL. I love awkward moments like that 😀
Amir Ali seems upset questions are being asked, and with the above quote he’s so close to self-realization. Thanks for sharing!
That UK call is very telling. For starters there is almost nobody on it. The UK was once a leading market. Where are Hye, Khan and the usual suspects?
Ali lost control and was clearly rattled by the challenge of being asked who is running the company. In days gone by the lady would have been cut off and some feedback about “haters” shouted.
Who is “Tabitha”? Is she a real person? She bought a boat with 90% OC on DS? Sure she did!
TL/DR Cognitive Dissonance has taken root.
Trying to make sense of that exchange, it seems to me that OC isn’t actually selling anything anymore, what’s left are just people who have coins from before the collapse, with some of them desperately trying to eke some real-world value out of them via DealShaker, while hoping for a miracle to happen.
Plus, the online system doesn’t work properly, just as ever. I thought they were supposed to have switched to all-new software, including yet another brand-new blockchain, this summer?
For me, the mystery as to what Veska et.al. are actually doing in Sofia these days remains as great as ever.
OC was always as much of a cult as it was a scam. Cults often burn out. OC seems to be there. They don’t even bother marketing to new people anymore. The focus is on keeping the faithful there and contributing while they grab as much as they can from the spooked, hope for that miracle you mentioned, and deny reality with one eye on the exit. They need a new bogeyman to unite them and their focus
Was wondering why the Regulators in Europe don’t close down what if anything is left in Sofia.
Came to the conclusion which is pretty simple. It is not worth the effort.
America may go after the big guys but the realisation is simple. There is nothing meaningful left.
@ Limerick Lady
I think you may be right to a degree. You can bet that when this is shut the people will continue having meetings believing that it will come back.
Was it MMM that turned from zombie to ghost and threatened to do a Lazarus? I bet whoever the company bribed don’t act because it would draw attention to them.
Your question is easy to answer. Although the entire criminal Ignatov clan (Plamen, Veska, Ruja and Konstantin) from Bulgaria lived and worked in Germany for many years, they started the worldwide scam with OneCoin in Bulgaria.
Why? Everyone knows that Bulgaria is the most corrupt country in the European Union. This is reported regularly in German newspapers, on television and on the radio.
Here is just a partial quote from the German ARD, branch in Vienna:
Read more at ard-wien.de/2019/10/26/korruption-in-bulgarien/
The Bulgarian Prime Minister Bojko Borrisow is also repeatedly mentioned by name in connection with corruption scandals in Bulgaria. I am firmly convinced that parts of the Bulgarian government participate in the OneCoin fraud.
I suppose that is another restraint so just leave it to the Americans—–seems to be the attitude.
Whoever achieves a higher rank within the criminal OneCoin organization is given worthless “educational packages”. Is that marketing or a helpless attempt at motivation?
A current marketing campaign is called “EAGLE PROMOTION”. (A memory of Kari Wahlroos, the self-proclaimed MIGHTY EAGLE?)
If 3,692,598 OneLife members are willing to pay 30 euros, the OneCoin scammers in Sofia have earned 110,777,940 euros again.
Of course the exorbitantly high fee for every single correction has to be paid in real currencies, not with worthless ONE!
The OneCoin scammers in Sofia are looking for new DealShaker Country Managers for several countries. Applicants should contact the following email address:
The dealshaker.tech website is not available. I am informed that the site is parked for free.
The following DealShaker Country Managers were fired?
Luis Segura (Colombia)
Julien Zerbini (France)
Aaron Sanchez / Marco Romero (Mexico)
Sabien-Marie Savini (Paraguay) – the wife of the bankrupt serial fraudster Geri Savini, who has been mentioned here many times.
Of course they never had anywhere near 3.7 million members. Duncan Arthur, who was involved in an attempt to produce functional software for DealShaker (the aborted “New DealShaker” project), and had access to a dump of the raw data because OC was unable to provide API access, has claimed that in reality it was maybe 1.5 million, at a time they were claiming 3.5 million.
A lot of those must have been people who had put in the absolute minimum, and never had any further involvement. It probably also included the membership lists of the other MLM scams they absorbed, most notably Frank Rickett’s Sitetalk/Unaico/OPN and the Steinkeller brothers’ Conligus, and most of those people probably never had a real involvement in OC.
Rickett claimed over 1 million members for Sitetalk. There was also a barely-remembered South-American one called Univerteam, which when it “merged” with OneCoin in 2016 claimed 120,000 members.
Although those numbers are of course huge exaggerations, with all these bought-in names and email addresses taken out, OC’s real cumulative membership number may have been well below 1 million.
(And Duncan Arthur’s word doesn’t carry all that much weight, his 1.5 million may still be an exaggerated number.)
Generally, in a field with a ridiculously high churn rate, even the membership lists of the less scammy MLMs, which do have a properly functioning administration, are probably hugely inflated, and not a reflection of how many people are genuinely involved at any one time.
But this revelation is absolutely hilarious: a simple change of an email address, phone number or password costs you €30 – only real money accepted.
Plus, you have to provide KYC documentation once again – information OC always claimed they kept on their blockchain itself.
One has to assume that without a password, you simply lose whatever you have in your various OC “accounts”.
And if I understand it correctly, 90% of people will have to pay that €30 to simply get a password that works with the new software. What a business model.
Does anyone need toilet paper? I discovered a fantastic offer on DealShaker. (Obviously new, not used?) Who will fly to Australia (Mt Sheridan) first and accept the seller’s complicated terms and conditions?
Because of the current corona lockdown in Germany, I am offering the Australian seller 1 ONE (42.33 euros) per package! Please deliver free of charge by air freight to Stuttgart.
Addition to comment #81
This video with former OneCoin scammer and DealShaker Country Manager Luis Segura from Colombia has not yet been deleted:
They all met in Dubai last month to discuss probably their next scm to offer.
If I want to know the whole truth, I watch a scammer from Pakistan videos. In chronological order:
I’m sorry, but I’m totally confused now. Which of the dates mentioned here was correct? How many exchanges are there with OneCoin? Logical would be OneExchange, TwoExchange, ThreeExchange, FourExchange … and so on?
Additional question: What does “100% confirm” mean? Would “200% confirm” be more credible?
If the fraudsters in Sofia constantly demand real currencies such as euros, they themselves confirm that the OneCoin is absolutely worthless.
This might have been shared here before, but the 30 euro account activation fee has turned out to be quite good a cash cow for the scammers in Sofia:
So the have already amassed over million euros in BTC. No doubt they collected some money in euros to their bank accounts too. (Does anyone know what shell companies and bank accounts they use nowadays?)
The new OneCoin IT-team headed by Vladislav Velkov, Vladislav Vasilev and their RightClick Ltd/shivachi.eu crew probably broke the system purposefully in order to open this new business model for themselves (+ Ignatov crime family & VIS-2).
This is the traditional Slavic “nothing works but everything can be arranged” management philosophy in action. 😉 But tragicomedically, there seems to be only 10% success rate even for those who paid, as the second picture attached in the tweet above suggests. (This info was accidentally included in that newsletter, if I understood correctly.) So they are not even fixing things — just cynically collecting money form the already scammed. Malevolence shaking hands with incompetence.
Now that the money is pouring in, they have no incentive to fix the system.
According to KJ (youtu.be/0ft0-fhwTOo?t=2243), some of the money at least seems to have gone to hiring more people, in an attempt to appear more responsive — even if it’s the usual Soviet customer service style — to the people who have paid the fee.
After all the bad news, there is now good news for the frustrated OneCoin IMAs. A worthless ticket can be paid for with the worthless ONE!
@ Melanie from Germany
The well-known German actor and film director Till Schweiger (to be seen in the video at 0:31) will surely be happy to probably participate unasked in such a scam and filth!
@ eagle eye
Would you like to contact me? Please use my mother’s email address. We can also make phone calls.
@Melanie from Germany
Thank you. I contact you next week.
Wow! Did criminal Ruja Ignatova have a meeting with Xi Jinping, general secretary of the Chinese Communist Party?
No of course not. This video by the notorious liar and OneCoin fraudster Syed Muhammad Muzammil Gilani from Multan in Pakistan only tries to give that impression. – This text below the video also only contains lies:
This video is also funny:
Do the scammers in Sofia have their own bank? Has Ruja bought THE central bank or founded its own?
Although this Pakistani scammer has consistently claimed that the OneExchange has been opened, he now asks:
A perfect scammer would delete videos like this:
A small excerpt from the lying videos by Syed Muhammad Muzammil Gilani and a photo of this OneCoin scammer from Multan in Pakistan:
In the weekly newsletters, the top OneCoin scammer, Cordel KingJayms James, is constantly demanding that the OneCoin IMAs work harder. An example:
Why should OneCoin Millionaires work? They are just waiting for the next super split and that the “value” of the OneCoin will continue to rise …
Addition to comment #93
Yesterday, the notorious liar and OneCoin scammer Syed Muhammad Muzammil Gilani from Multan, Pakistan uploaded another video. It lures with the title:
The video is very old because he writes there:
Later he writes:
If you watch the video, you should definitely turn off the sound. This Pakistani liar has a terrible voice that hurts your ears! Why does this simple-minded and notorious liar still have 8,720 subscribers? None of what he announced in his videos ever actually happened.
Tonight at 20:00 pm Rome time, Miatton zoom with Lidia Kotelyak
Syed Muhammad Muzammil Gilani, my best “friend” from Multan in Pakistan, was again very busy. He produces videos like on the assembly line with the following titles:
The rest of this video is only partially legible.
I urgently need help now! I am an old, illiterate woman. Who will explain the content of this video to me. Does the content match the title?
How many Pakistanis will understand this video? Pakistan currently has ~ 208 million inhabitants. In November 2019 statistics, around 76,000 Pakistanis were named as members of OneCoin.
Video from October 9, 2020
This video was uploaded by Raúl Pazos Medina – DealShaker Country Manager Ecuador.
Nothing of what this evil cheater has promised has been achieved to date, although two months have passed again. If someone would like to complain to him – here are the contact details of RAUL EDMUNDO PAZOS MEDINA:
Addition to comment #53
On the portal dealshaker.kiev.ua the following persons are named with their contact details:
Dmitry Topolnitsky – Sergey Gritsak – Sergey Egorenkov – Ksenia Yakimenko – Tamara Ovchinnik – Igor Redkva – Natalia Vishnevskaya
The main office in Kiev does not give a name:
Elena Apalkova, DealShaker Country Manager Ukraine, on YouTube (“luxerylife100“):
The contact details of Elena Apalkova:
Elena Apalkova has been a speaker at many scam events:
Addition to comment #98
The new OneLife 2.0 system was launched five months ago – and nothing works! That is confirmed in writing in English in this short video that was uploaded yesterday. Including the processing fee of 30 euros.
Another video on the same problem from Pakistan:
I don’t think this movie will be produced. Oz wrote the article on October 12, 2020. Nine days later this sensation was announced:
I suppose Ruja wants to play the main role in this movie herself. Kate Winslet will have to forego her generous fee.
PS: Disclaimer! Mentioning a link does not mean that I am referring to this video!
The movie is still on. Only change is Ruja Ignatova will be played by Ruja Ignatova.
Actually it was just announced yesterday, that the movie deal contract for the MGM Hollywood movie on the book by Jen McAdam has been signed!
This excellent article was published on December 29, 2020.
Addition to comment #88
Vladislav Velkov still spreads the following lie:
Which blockchain is he talking about? The ones on the moon or the ones on Mars? There is no OneCoin blockchain on earth!
Vladislav Velkov on LinkedIn:
Vladislav Velkow on Twitter:
Very rarely does the notorious liar Syed Muhammad Muzammil Gilani from Multan in Pakistan tell the truth. Here is a rare example:
I’m sure Tabita Omamogho is meant. She uses two Twitter accounts with the same photo:
There it is linked to this website: holisticfitjustedu.co.uk
Which name is real? Tabita Omamogho or Tabita Leach?
If the script or book are written, they will require a lot of editing based on what is going on in the US legal cases.
There are more chapters to follow. And how do you tell a crime story before the main fraudsters have been dealt with?
I think when these productions were announced they weren’t factoring in rolling delays.
They probably thought everyone would be in prison by now except Ruja, and that’d be the plot.
Addition to comment #99
The number of contacts on the portal dealshaker.kiev.ua has been drastically reduced. Now only two names are mentioned there:
Olga Narevach and Tamara Ovchinnik:
Her YouTube channel with 52 videos:
Her YouTube channel with 778 (!) videos: