Ruja Ignatova’s OneCoin Forbes cover a paid advertisement?
Modeled on the Zeek Rewards Ponzi points business model, OneCoin are currently doing everything they can to divert attention away from the inner workings of their compensation plan.
Of late these efforts have focused on spammy press-releases and what appears to be paid advertorials in other MLM blogs that inhabit our niche.
One particular distraction being pushed is the purported appearance of OneCoin co-founder Ruja Ignatova gracing the cover of an upcoming edition of Forbes magazine.
When one of our readers decided to take a closer look into the matter, they found out that not all is as it seems.
To give you an idea of how Ignatova’s appearance on the cover is being pushed, we need look no further than the official OneCoin Facebook page (published May 4th):
A followup message published a day later:
Dear Members,
Due to the huge interest in the interview Dr. Ruja Ignatova gave for the May issue of Forbes, we have contacted the magazine and expect to receive a link to an English version as soon as possible. We will post it here, on Facebook, in due time.
The OneCoin Team
Bear in mind this coming direct from OneCoin corporate, with the same content featuring on the OneCoin website itself:
In her interview for the May issue of the prestigious magazine Forbes, our founder Dr. Ruja Ignatova introduces OneCoin and discusses the potential of cryptocurrency with regards to security, innovation and profitability.
By focusing on the value OneCoin brings to its members, Dr. Ruja Ignatova presents OneAcademy, OnePay, OneFoundation and Aurum Gold Coin that further establish OneCoin as the most successful financial instrument at present.
Naturally the idea is that OneCoin investors use this as marketing fodder, and spam the internet with the news they have.
After being handed a copy of the Ignatova Forbes cover, BehindMLM reader Jodi Dojnia took it upon themselves to investigate why the co-owner of a global Ponzi scheme would appear on the cover of Forbes, much the less to be interviewed about her Ponzi empire.
Here’s what happened when Dojnia called Forbes up:
I called Forbes and was told that there has only been 3 woman featured on the international Forbes covers.
I then specified that I was inquiring about the May 2015 Bulgarian cover. And the Onecoin owner Ruja Ignatova.
The woman at Forbes insisted that she was not on the cover. She then asked me to email the cover so they could verify if it was infact real.
Following an email being sent with the cover in question attached, the email was forwarded to Andrea Sole, who works at Forbes Fullfillment department in New York.
Thanks very much for bringing this to my attention.
We’re aware of this, but can you please let the customer know this person did not appear on the cover of Forbes Bulgaria? This was part of an ad campaign.
Sole’s email response above was forwarded on to our BehindMLM reader with the additional message:
We apologize for any confusion. The below cover was apart of an ad campaign. This was not an actually issue of Forbes Magazine.
So there you have it. What is being hyped up as legitimacy through the press is nothing more than OneCoin using investor funds to buy some advertorial publicity.
Neither on the OneCoin website or on their related Facebook posts does the company inform readers that the content in question nothing more than paid-for advertising.
Also not disclosed is the dollar amount in investor funds Ruja Ignatova squandered to get her face on the cover of a Forbes magazine advertising mockup.
My advice to anyone who is presented with a copy of Ignatova’s Forbes cover along with any suggestion that it implies legitimacy? Ignore it and instead ask about OneCoin’s compensation plan.
Specifically where the thousands of dollars an affiliate invests goes, and from where your own eventual withdrawals are expected to be funded out of.
The answers to those two questions should provide you everything you need to know about the OneCoin MLM business opportunity.
What they got there is know as an “article reprint”. The interview may have been real, but since it’s not the full magazine, they had to make up a new cover, and often they put the subject of the article on the “cover”.
Here’s an example from Success magazine:
success.com/reprints
If that’s what they did then that’s what should be disclosed:
“Hay guys we put an advertisement in Forbes and then purchased a custom magazine cover.”
Not “HAY GUYS, RUJA IGNATOVA APPEARED ON TEH COVER OF FORBES OMG! (ps. we’re only telling you this so you don’t look at our business model)”
But note that they never said she’s on the cover. They simply put up an image and let the members reach the wrong conclusion.
Tricky, tricky!
hey this is very confusing!
how can ordinary folk tell that it is a ‘mock up’ and not the real thing?
nobody is taught about ‘article reprint’ services by magazines, in school.
this is ‘paid advertising’ gone completely bonkers. how can a brand like forbes, let anyone stick their face on a mock up of it’s magazine cover? no due diligence, will dance for money?
in a way, forbes magazine is encouraging the ponzi scheme by allowing such a reprint. they cannot shrug off responsibility by saying , hey! that’s just a paid advert.
doesn’t forbes sell enough magazines, that they have to stoop to selling their brand name in this downgrading way?
The perps (not Forbes) count on you don’t read Bulgarian. I’ll bet you there’s some sort of verbiage on the “cover” that says “custom reprint” or something that like.
The article reprints are often ordered as a part of “ad campaign”.
If you recall ZeekRewards… They ordered reprints of their “review” by… uh, what’s that ****er’s name… their “consultant”… Keith Laggos. He had that “review” magazine and Zeek ordered bazillion article reprints to be passed out at their red carpet events.
the thing is ordinary people will see a forbes magazine cover, they may not notice, or know the meaning of ‘custom reprint’.
this is misdirection and misinformation, and forbes should know better than allow this kind of brand name thuggery.
As they say in the “G.I. Joe” cartoons… “Knowing is half the battle.” 😉
recently, even utoken got itself a write up in a singapore fluff glossy magazine. it was splashed on ufun member pages, as positive press coverage for the utoken.
keith lagos can have reprints of his own silly magazine, praising zeek, you cannot stop people from doing all kinds of crazy.
BUT, forbes? i’m not letting forbes off the hook here!
My heart goes out the the SHEEP that invest in this scam, why?
very simpel – you cannot find not a single trading platform that recognise this cryptocurrency as for real – check coinmarketcap.com/all/views/all/
of surf online – you find no entity out of their own company data base who will trade one coin as a value they are not mining anything!
they are only after you hard earned cash!
miss Ruja just bought a 5x million euro home in Bulgaria from your investment! she can live there forever with her guards.
this will collapse and off course the fault will be something els. wake up! get your money our off it, do not loose your friends over this..
What had upset me the most and why I had decided to contact Forbes is because if this was a true legitimate business opportunity then there should have been no reason to try and trick people by using such a stunt!
This type of act does nothing but show me and hopefully others who are considering this program that this company indeed has something to hide. They downright tricked people in my opinion.
If they would pull a stunt like this it only shows they can not be trusted… with all of the other information on the behindmlm site put together with this…. I smell some really rotten eggs here!
fake Forbes covers are quite the rage amongst scammers.
Why not check on Forbes website itself: forbesbulgaria.bg
Nope, no Ruja there.
That’s because it’s so easy to do.
Just find one of the websites that does it, upload your best pic or link to it on the ‘net or Facebook, click OK, and bada bing, bada boom, you’re on the cover of Forbes.
It looks like they just clarified their position and now have a link to a translation of the article.
They are however not saying that they “paid” for this advertisement. They are also making it look like Forbes was interviewing her.
Based on the budget photography and low quality airbrushing. It looks like they paid for an advertisement that gave the illusion that Forbes was interviewing when in fact, all they did was submit photo assets and the prepared text in the form of a “one-on-one” interview with forbes staff.
onecoin.eu/news/details/english_translation
In the article, they claim that OneCoin achieved the same level of fame as a well known cryptocurrency.
This currency isn’t even tradable, nor on any exchange. I can’t understand how they can keep claiming it’s a currency when it clearly isn’t by definition.
Just wait for when it’s time for payouts and people start demanding withdrawals.
And lastly, who is the interviewer? Exactly. She’s interviewing herself.
but there’s no bada bing, bada booming here, because forbes admitted it was a paid advertisement:
so, it was a paid advertisement, indulged by forbes, because they got Big bada bing, Ponzi bada boom, Bucks.
it’s all about the monay honay, especially for forbes.
It’s been published by OneCoin in what is basically the classified ads section of Forbes Bulgaria.
Whips’ point remains: Forbes covers ARE quite the rage among scammers ATM.
the point that remains is this : Forbes covers ARE quite the rage among scammers ATM, because Forbes covers are-for-sale for scammers MONEY ATM.
there is nothing new here – before 1929 ordinary American citizens did massive loans to invest into hot air stocks – they could get 10x times of their investment on wall street… now it’s 1929 again – people buy hope! one coin is selling GREED.
if you go back to reality -there is no
*one coin exchange
*one coin converter (to cash or other coin)
*one coin mining (not member has a owns a one-coin)
*one coin calculator
do you own investigation – Google it.. cryptonator.com/converter
the so called “mining” algorithm stuff only exist in the main computer of dr ruja and between the ears of the poor hard working investors.
a 100% bubble – no substance here – so like 1929 people lend money buy in to the hope and risk their friendships.
the is zero other crypto currency’s that recognizes the “one coin” as a serious platform or colleague coin – other wise there where already proof trading and excitement outside this mlm pyramid scheme this will be bigger than Telexfree – the ideal wash machine for the wrong kind of underground money – mixed with hard earned savings.
NOLINK//www.facebook.com/351723928339284/photos/pcb.415242021987474/415241955320814/?type=1
HAHAHAHAHA. the cheapest most ridicolous faked cover ever?
I am already in and now wonder what would happen? Really confused about the details over here and those what my friends told me about onecoin!!
lol no wonder Bulgaria is going through a depression when you have people who are going to waste their time and money with stuff like this!
The 49th issure of Forbes Bulgaria is this forbesbulgaria.bg/wp-conte…/uploads/…/05/Cover_49.jpg
Dr Ruja Ignatova’s cover is a second cover for her interview in the BrandVoice section of Forbes magazine. BrandVoice according to Forbes is this…
So this is basically a paid marketing campaign by OneCoin. They basically paid for the second inside cover making people believe she was on the main cover of Forbes Bulgaria.
SO it’s more like “special advertising supplement”? Dang.
NOLINK:facebook.com/Forbes.Bulgaria
Miss Ruja Ignatova… shouldn’t you bee here?
My oh my, and the OneCoiners are still brainwashed enough to continue to rashly defend it.
I think BEN’s comment above proves the point as much as the contacting Forbes.
A business that lies to the people who make it, is no business that I would trust.
Sad article some very uneducated opinions on here which doesn’t surprise me to the least bit. Brand voice is a part of Forbes and they did there research and felt confident enough to publish her company on a cover paid for or not it was a brilliant marketing tactic either way you look at it.
(Ozedit: Offtopic derail attempt removed)
The Educational packages come with tokens that give you the ability to mine for one coins.
3rd party audits done every month on both the block chain and gold vault. Completely transparent. The auditing company is Semper Fortis found here semperfortis.bg/en/Clients
You can see there client base and write to them to confirm there report you can also watch and interview with them on youtube speaking at the Dubai event on May 15, 2015.
Last but not least you will also find them on the exchange xcoinx.com/
Bottom line is this company would be here with or without MLM and the owner is a lawyer of one of the largest law firms in Europe.
My guess the person paying to have this article posted is most like Nigal the guy Dr. Ruja terminated. Since he has his own crypto currency venture now and is trying to get back at One Coin for his termination.
So keep going with all the BS and if your really believe this crap above it’s your loss.
Ed since you seem to know so much what you don’t know is yes it’s not on well know exchange yet.
There is a reason for that only 7% of the companies coins have been mined and they do not warrent enough traction in the market space yet. It will be on other exchanges once it has built enough moment to do so.
Lawyers here in the US have done there research and found nothing fault about this company and nothing valid about a single scam article written on the net so enjoy the foolishness of this article.
No they didn’t. BrandVoice is a separate advertising service which businesses can pay to have an advertisement published about them. The package includes a mock up cover for advertising purposes.
Numbers on a screen. The only revenue OneCoin generates is affiliate investment, which is paid out via acquisition of OneCoins (Ponzi points).
But not without affiliate investment, because then there’d be nothing to pay out.
OneCoin doesn’t really have anything to do with cryptocurrency, other than the script they might be using to generate monopoly money points on the backend.
The rest is just Zeek Rewards with differently named points.
Maybe you should get your facts straight before you sprout nonsense. Brandvoice is a feature of Forbes.com (the website) and has NOTHING to do with the printed Forbes magazine.
NOLINK://live-forbes-media.pantheon.io/platforms/brandvoice/
With that sort of ‘research’ it’s no wonder you are barking up the wrong tree… in the wrong city altogether. Add that to your potty mouth, you’re just here to vent your spleen rather than engage your brain.
name the lawyers and produce their statements ratifying the onecoin ponzi.
don’t make general sweeping statements based on onecoin gossip.
thailand china UK australia etc are all heavily investigating or at least looking into ufun ponzi model. what do your US onecoin lawyers know, that the investigators/regulators of all these countries don’t know?
BrandVoice seems to be offering the same advertising services as Forbes does, e.g. “2nd cover”, “3rd cover”, “4th cover”, “Spread”, “Full page”, “Double page”, “Half page bottom or top”, “Half page left or right”, “1/3 page” etc., in the printed copy of the local “Forbes Magazine”.
Forbes Bulgaria is only printed in 11,000 copies, so the prices are relatively affordable. It seems to be a monthly publication with 12 issues per year.
BrandVoice will also appear in the online version of Forbes Magazine (the local one). It’s an “extension” to Forbes Magazine, a professional service designed to help advertisers write “just as interesting stories” as the editorial stories about a business, brand, invention, business leader, etc.
So currently it doesn’t have any monetary value, but people hope that it eventually will get some?
An investment will only be worth something (in terms of monetary value) if it can be sold for or be exchanged with other things of value, in a normal market.
It means that OneCoin investors eventually will need to attract external investors willing to buy onecoins at a market price determined by supply and demand factors?
That doesn’t exactly sound like a very wise idea?
You are the one who sorely uneducated on the workings and the founder’s pasts.
Education package is stolen content. Tokens are simply gifts of the education package so you can “practice and train” with mining. It’s simply a “bonus” side thing as they stated.
You mean Dian? Ruja flew him down to Dubai, wined and dined together. Their relationship is not of company and auditor, but friends and probably complicit.
This accusation always comes up. It was Jodi who brought the attention of the Forbes fraud to this site. It wasn’t “paid for.” And his name is Nigel.
That website is not an exchange. It is a static website that lists out-of-date market capitalizations where they just edited the HTML and shoved OneCoin in there.
xcoinx was bought at the sametime as onecoin.com as well. xcoinx is owned by Ruja.
Of course they would not be here. They sell “education packages” remember? Ruja hasn’t worked for a law firm (McKinsey 2009?) for a while. No one knows the reason for her termination/departure either. Though we do know about the IG-Metall fraud (2010 feb) where she stole over 1 million euros that was committed around the same time.
But it’s #3 on xcoinx! That is more than enough traction. $288,000,000 capitalization. It was #2 earlier in June just under BitCoin.
What more do you need? Let’s do this! Open it up for the public to trade.
And note that the alleged “Print Brandvoice” is no longer on the Forbes website. Instead, it’s “please contact us for details”.
live-forbes-media.pantheon.io/platforms/brandvoice/
“Play video”
→ 1:28 into the video shows a printed Forbes Magazine story “Play it forward” BrandVoice article by AT&T.
→ 2:23 into the video refers to 6.7 million Forbes Magazine readers (after 31 million monthly Forbes.com visitors).
I didn’t find out whether BrandVoice was enabled or disabled in the printed version of the Forbes Magazine (the main one), but local versions of Forbes Magazine seemed to offer both printed and online versions as a part of “BrandVoice packages”.
I’m looking for the May 2015 cover photo of Forbes magazine Bulgaria.
I had it awhile back, but can’t find it now. Can anyone provide a link with a photo of who was on it? People still believe Ruja was on the cover of Forbes Bulgaria magazine.
translate.google.com/translate?hl=en&sl=bg&u=http://forbesbulgaria.bg/&prev=search
Thank you!!!!!
He’s a MineCraft creator or something.
It will be more effective if you show people both the real story and the fake story, and let them decide for themselves which story they will believe in.
* It isn’t a real interview, it’s a paid advertising campaign (show people the BrandVoice logo at the bottom left of the Ruja Ignatova cover)
* It isn’t the main “Forbes Magazine” with a few million readers, but the local Bulgarian issue printed in 11,000 copies (click on “Rates” under Bulgaria in the link).
live-forbes-media.pantheon.io/advertising/
Forbes BrandVoice:
live-forbes-media.pantheon.io/platforms/brandvoice/
youtu.be/Sb9H_W4UUV0
if somebody need more pictures of THE REAL COPY just let me know
This should be a final conclusion how fake the cover was.
youtube.com/watch?v=Sb9H_W4UUV0
postimg.org/gallery/2l5rsjr1m/
facebook.com/OneCoin1/posts/634903056643806?hc_location=ufi
more pictures too see the difference, and that Ruja was forced to print her own fake copies:
postimg.org/gallery/ddpv20mq/
Hi Ben and others
Why is the name of the person from Forbes responding your question masked out?
One of many claims have been that honesty and openness is lacking from the critized party.
Shouldn’t the party presenting evidence show openness and transparency.
I think criticism is crucial but to take any information seriously one has to at least show all the information in case one would like to disprove any claims.
All the pages or blogs with criticism regarding OneCoin has always no author or real identity behind it. Me and probably many others ask ourselves the same question. Why is that.
I would welcome any information good or bad but with transparency.
Is the negative information real then it will be helpful to people whom have joined OneCoin. The same goes if it is positive towards OneCoin.
Those are my thoughts
Thanks
Because the specific name of one of Forbes employees is irrelevant.
But uh yeah, don’t let that stop you from ignoring OneCoin misrepresented their paid advertisement and raise strawman arguments about transparency…
This could become the biggest scam ever, if enough people fall into that pit.
Ruja Ignatova seems to have a very creative and productive publicity department, multiple contacts to business people and already a reservoir of people who support her, paid or just for free.
Digging through the net brings up only a few sites which are sceptical and warning (like here), the major number of sites are solely existing to support OneCoin, reporting good news, luring visitors in, making promises. I rarely see such a widespread network, but it’s not impossible to see through it.
But – If they have already as many members as they claim, they can fund every publicity campaign, every advertising, any costly promotion (like congresses and parties) they want.
Soon they will be on mayor commercial TV here in Europe, and then they will break the roof.
Confiding in the nature of greed, like B. Madoff did, but also the infamous European Kings Club (EKC) in the 90’s, One Coin uses the people’s vague memory of bitcoin’s rise, to run a system that is by no means as open as the said bitcoin, but in truth completely hidden, proprietary and closed to anyone, and therefore it could even be fake with no real mining activity.
In the end, I fear OneCoin will empty a lot of wallets to fill only a few. Someone has to stop them.
In her article on LinkedIn she is telling everyone that this is a article of the Forbes issue of May so she is a big liar and the whole group is big scam.
Hello,
I’ve invested 5000 euros in this, and I was completely aware this is a ponzi scheme.
My only hope was that is not so late, so more others will come after me. And they did. I’ve started to make money (around 700 euro per month).
Anyway, when I’ve put those money in, I put the amount that I could lose, without having so big regrets. So, I’m not a fool or a scammer.
I think the system will last at least 1 year, so you can take some risks if you want
yes, you are definitely not a fool and definitely not just a scammer. you are a canny cunning scammer with no moral compass who is willing to steal from those who join up after himself. your blaseness is sickening.
Well, except for the fact you are stealing your $700 a month from those who joined after you and DON’T know it’s a ponzi, that is.
Thieves who try to rationalize and justify their participation in an illegal ponzi scheme are a considerable step down from the “normal” ponzi participant.
You’re just someone who can no longer use ignorance as a defense.
You still *are* a scammer, now that you admitted you participated in a scam. You’re just not a fool.
Don’t kid yourself, as that can change any time. Fools delude themselves and you’re doing quite a bit of that.
Hey guys this company is still running now and mining coins bloggers laughed at bit coin but there not laughing now.
have any of you guys got proof this is a scam no didn’t think so. you will be sake people in 10 years if you don’t take risks in life you will always work for someone that does.
notice it’s gone quite for over a month your all thinking you want to join (Ozedit: recruitment spam removed).
The proof that OneCoin is a Ponzi scheme is the same as it as back in 2014 when it launched.
Investors invest funds and OneCoin use those funds to pay off existing investors, with ROIs tracked through OneCoin Ponzi points.
This is their business model and it’s no secret. Risk is neither here nor there when it comes to Ponzi schemes. Fraud is fraud.
Where is your proof solid proof not bk in 2014 where In 2016 now
@Chris
OneCoin haven’t changed their business model since inception. They’re still and always have been using newly invested fund to pay off existing investors.
We got plenty of proof. It’s simply “not good enough” for you. But then, nobody ever believed Bernie Madoff to be a Ponzi scheme leader even though plenty of people questioned how did he make all that money.
If the only argument you have is “see you in 10 years”… chances are you have no argument, just faith. That makes OneCoin a cult, not a business.
Madoff lasted more than 10 years. Gemcoin itself lasted more than 4 by changing names and markets. TelexFree lasted more than two. Even Zeek Rewards started as FSC Auctions back in 2010 (closed 2014). Age is not proof of legitimacy.
I see OneCoin Pumper, Jason Richard Mangan, still posting the “Dr. Ruja Ignatova Voted Business Woman Of The Year 2014” story on his Facebook page in an effort to save face since all of the bad press about his favorite source of revenue.
I remember reading somewhere that the story was false but I cannot find the information which supported that claim.
Can anyone post the source that proves THAT story to be false?
It’s a true story. Ruja truly is the business woman of the year 2014 in Bulgaria. However the competition was such that the title has about equal amount of value or less than me choosing you to be the business man/woman of the year 2015 in China. Congrats!
This clown is the master mind behind the Bulgarian “competition”: minchev.com/en/businesswoman.html
@ Onecapita
Got it! I just checked and you are right….highly suspect.
NOLINK://faketitlesandorders.wordpress.com/2014/07/21/evgeni-minchev-von-bul/
Why didn’t Jason Richard Mangan bother to do a little background check before using this award as some sort of justification for selling his 500% Annual Rate of Return Investment into OneCoin?
Could it be that he knows but doesn’t care?
Oh, that, TVI Express bought such a title too from Indonesia. And their local leader got some “business woman of the year” as well.
And guess who else? Mr. Filho Rojos of DFRF ponzi, supposedly man of the year from a magazine nobody can find except a facebook page.
It’s just bogus social proof. Plenty of that around.
Details about the TVI Express “award”
NOLINK://kschang.blogspot.com/2011/05/newsflash-tvi-express-good-company.html
And their “VP” got some businesswoman award in Indonesia.
NOLINK://kschang.blogspot.com/2011/04/tvi-express-indonesia-seeking-funny.html
And Mr. Daniel Filho Rojo Fernandez managed to pay enough so even Yahoo carried his spam:
NOLINK://finance.yahoo.com/news/daniel-fernandes-rojo-filho-dfrf-190000831.html
Everyone who lives in Bulgaria and is Bulgarian knows that Evgeni Minchev organizes such types of competitions – beauty contests, businesswoman and so on.
Everyone also knows that he has to be paid handsomely if you want to win one of those “contests”. There is no doubt that Ruja has paid, as anything else around her, for this title.
I have read this comments and article! I am in Onecoin business over 6 months and have no complaints to the company or the leaders as everything they have promised has been delivered by the time promised.
I am financial consultant and corporate therapy professional in Europe and in Africa and personally i want to ask all people who have been part of this witch hunt one question.
If any of you is a business orientated person maybe you can see something different then i can?
Question: If you have generated in your active network as a company over 2 million members (and growing), what has more value the network with a functional payment system or will you use it as ponzi system and make money once.
Personally understanding todays financial world and been part of building many companies and brands just the fact of understanding the vision and seeing Onecoin moving this way with every passing day, i have no doubts that we will get where we need to be in time planed and i am honored to be part of this revolution.
Did they promise you a 99.9% denial rate on OneCoin withdrawals? Or are you just recruiting any making money on chain-recruitment like all the other earners?
Merchant network at 30% tokens handed out is another broken promise…
No legitimate business outside of the OneCoin income opportunity will ever be interested in a payment system founded on Ponzi fraud. That’s pretty much the bottom line.
Glad to come to this website on time before getting involved with what I believe yet another online scam, and I have a feeling this one will be much bigger then Zeek rewards.
What about the merchants?
I work on a general rule that if someone feels the need to share unspecific credentials unasked, it usually means they are bogus.
If the second part of the quote means that commissions are being received for spreading this virus, so what? We know that.
That has no relevance to the fact that Onecoins themselves have no value outside of its own back office, and are very far from being “a functional payment system”.
They value these things at 6.25 euros each.
Go on, send someone 100 Onecoins to settle a debt of 625 euros. You can’t.
Buy a couple of coffees. You can’t.
Stop talking nonsense. You can’t.
I have invested in OneCoin and believe it is and will be a credible company.
It would appear that all negative publicity is at the hands of Pro Bitcoin traders. The competition is obviously becoming serious, wasn’t Bitcoin a scam when it first came onto the market.
Right. Couldn’t possibly be because OneCoin use newly invested funds to pay off existing investors, making it a Ponzi scheme.
Protip: When your business is founded on financial fraud it will never be credible.
Look up “IKEA effect” and “self-serving bias”.
Then look up “post-hoc justification”, and “motivated reasoning”.
There is no independent proof that OneCoin is a cybercurrency. All such evidence came from OneCoin itself or related entities. It’s one huge circlejerk, and obviously you’re enjoying it.
(Ozedit: BehindMLM isn’t a linkdump.)
So, are you suggesting that the fact that it’s an MLM is completely irrelevant?
@ Pre-Exit
You said, “I have invested in OneCoin”.
Thanks for at least being honest on the first point by calling OneCoin what it is – an investment.
Are you aware there are laws requiring “investments” to register with the US Securities and Exchange Commission?
You also said, “believe it is and will be a credible company”.
So, which is it. Are they a “credible company” now or are you just hoping that one day they “will be”?
If you’re actually profiting by bringing in new investors to the company, you might want to look into a Pre-Exit strategy NOW!
Another “magazine article” for the One Coin crew, according to Latrine’s FB.
Screenshot i.imgur.com/7o6rvyj.png
“Next Economy” doesn’t immediately yield any such printed title on google, Tokyo or elsewhere, but if you squint the sc/shot you can just make out “SPECIAL EDITION”…
That’s not Japanese, but Korean. Website: nexteconomy.co.kr/
Description of the magazine here:
kmagazine.or.kr/#/magazine/558b7b0e8c95f2cdc151c744
It sounds like an MLM magazine for MLM crowd. If there is anyone who knows Korean who could go through the website or otherwise find out if the “Special Edition” is a paid advert or part of the regular magazine, that might be interesting…
The bare bones of that puff article appear to be stale news, on a Korean website linked to by an Indonesian OC pimp in February, originally netted way back in Dec 2015.
facebook.com/OneCoinExtraIncome/?fref=nf
nexteconomy.co.kr/news/articleView.html?idxno=9435
How that has transmuted into a printed “Special Edition” with the extra bits is unclear, as the Korean site doesn’t appear to have a print version (that I can find anyway).
One can only wonder how much that costs…
don’t know why you removed my posts Oz. My first post was showing this sham website, ‘thenextconomy’ – notice the ‘e’ missing from ‘economy’, was just created two weeks ago.
my other comment was that there is a legitimate ‘next economy’ website that the scammers are apparently trying to piggyback off of for an air of legitimacy.
the site with the alleged ‘article’ is the just created sham site without the ‘e’ in economy as you can see in these first three search results:
google.com/search?q=Next+Economy+onecoin&ie=utf-8&oe=utf-8
thenextconomy.com/how-to-maximize-the-onecoin-compensation-plan/
however, one gets a 500 internal server error message when trying to access the ‘article’.
that’s why it’s not found at the legitimate ‘next economy’ site.
@Whip
Sorry must have read the comment wrong. I thought you’d made a mistake so I nuked both comments.
No problem. I didn’t present my case all that well in hindsight.
So it’s a sham website to promote a sham coin, how interesting.
I’m signing up for my visa card today, lets see how long it takes.
Hi Paul,
It’s almost a month, what did you take from Onecoint?