Ted Nuyten and BusinessForHome stop shilling OneCoin
BusinessForHome’s first article on OneCoin was published on April 1st, 2015.
Not a joke by any stretch of the imagination, in it Ted Nuyten reported on OneCoin’s purchase of the Conligus affiliate-base.
This paved the way for victims who lost money in the original Conligus penny auction pyramid scheme to be double-scammed.
Rather than report on this disturbing development, Ted Nuyten simply parroted Aron Steinkeller’s take and referred to it as a “strategic alliance”.
After making millions off of recruitment of new victims into OneCoin over the next two years, Steinkeller and his brothers walked away from a reported $2.5 million a month income in May, 2017.
As for BusinessForHome, April 1st, 2015, marked a downward spiral in editorial oversight. Ted Nuyten, owner of the once-respected publication, would later justify this by claiming it was “impossible to answer” whether “OneCoin is legit or not”.
Since April, 2015, BusinessForHome has published articles on OneCoin at least once a month.
Any time there was a significant development with the company, typically regulatory warnings or banking issues, Ted Nuyten would have an article ready to go.
Typically these PR pieces boasted about a OneCoin affiliate in Steinkeller’s OneDreamTeam downline earning hundreds of thousands of dollars or how much OneCoin as a company was fleecing from people each month.
After the Steinkeller brothers left OneCoin, Nuyten’s coverage of OneCoin shifted focus to Igor Alberts and members of his downline. Nuyten also appeared in at least one OneCoin branded marketing video disguised as an interview.
This prompted speculation that either OneCoin, the Steinkeller brothers and/or Alberts were paying Nuyten to promote the scam.
Certainly none of the over a dozen OneCoin regulatory fraud warnings, bank account terminations, evidence of blockchain fraud, OneCoin affiliate arrests and the abrupt disappearance of key OneCoin personnel (including two CEOs), ever made it to BusinessForHome.
Instead Nuyten toed the line, everyone was making money all was well in OneCoin and anything to the contrary was “fake news”.
In the fourth quarter there was a noticeable decline in BusinessForHome’s OneCoin coverage. This coincided with a Bulgarian media report claiming founder Ruja Ignatova had been arrested.
Now in an article published earlier today, Nuyten claims Ignatova hasn’t been seen since last October and that OneCoin is “out of control”.
Friends, intimi, top distributors as corporate employees have not seen or heard about OneCoin – OneLife founder Dr.Ruja Ignatova since October 9 of last year.
Ruja Ignatova is the heart and soul of OneCoin – OneLife and has total control of the corporate operations.
As a direct result of the disappearance, the majority of active Top Leaders have recently left, disappointed, the company, pursuing other opportunities, as a ship without captain is unacceptable in Network Marketing.
As a result of the collapse of the network marketing arm of Onecoin – the Onelife network – we have decide to remove the top earners from the BusinessForHome ranks.
There is of course more as to why Nuyten is distancing BusinessForHome from OneCoin.
The second half of 2017 saw OneCoin management disappear and top investors flee the company, only to reemerge later as DagCoin affiliates.
These top investors have for the most part brought their OneCoin downline with them, resulting in a wave of victims now trying to “get in on the ground floor” of a new scheme.
As reviewed by BehindMLM in July, 2017, DagCoin is a OneCoin Ponzi clone launched by former investor Nils Grossberg.
The marketing pitch has technology behind the offering has changed slightly, however as with OneCoin none of that really matters.
There’s money to be made convincing people to invest in DagCoin points, and so we have the same people responsible for millions of dollars in OneCoin losses pushing a new scam.
Ted Nuyten and BusinessForHome are seemingly on board to, following a January 8th article announcing Kari Wahlroos joining DagCoin.
After making millions on OneCoin recruitment and rubbing it in the faces of victims unable to cash out their money for over a year, Wahlroos ditched OneCoin for DagCoin in late 2017.
Nuyten was late to the party and still promoting OneCoin as of December 31st.
Point of interest: Igor Alberts has since also ditched OneCoin for DagCoin.
While it is true reload scams rarely do as well as their predecessors, the amount of OneCoin victims Kari Wahlroos, Igor Alberts and the rest of the European OneCoin clique have access to should not be underestimated.
Especially if they intend to have Ted Nuyten publishing “X makes $x million in DagCoin every month” spam on BusinessForHome again every few weeks.
As George Santayana famously wrote; Those who cannot remember the past are condemned to repeat it.
To recap OneCoin’s brief history in the MLM underbelly;
OneCoin launched as an investment opportunity in late 2014, promising an ever-increasing ROI on invested OneCoin points.
Affiliates were only able to withdraw 60% of paid commissions, with the remaining 40% required to be reinvested into OneCoin points.
On the backend OneCoin set the value of a point, which only ever increased, and allowed affiliates to convert OneCoin points to real money through an internal exchange.
Thus affiliates were able to invest in OneCoin points and eventually cash them in for more money, funded by subsequent investment.
By January, 2017 OneCoin’s ROI liability had spiraled out of control, prompting the company to suspend affiliate ROI withdrawal requests indefinitely.
While all this was going on, Kari Wahlroos, Igor Alberts, Sebastian Greenwood, the Steinkeller Brothers, Juha Parhiala and others at the top of the OneCoin affiliate genealogy, were being paid massive recruitment commissions.
This continued throughout 2017, although the suspension of ROI withdrawals had a severely negative impact on recruitment.
Despite flying around the world to speak at OneCoin events and promote the company, Ken Labine, known for disturbingly aggressive OneCoin marketing videos, recently confirmed he’d only been able to recruit two new investors into OneCoin in 2017.
I have not sold education package for OneLife for long time, I now decide to sell education for new university so i need to make it official, FYI I think I sold two education packages in 2017.
As of a few weeks ago Labine had also ditched OneCoin for DagCoin.
By the fourth quarter of 2017 OneCoin had all but collapsed. Ruja Ignatova took what probably amounts to hundreds of millions of dollars of invested funds and disappeared.
Ignatova’s last known sighting was on or around October 21st, 2017, when she was seen sailing off the coast of Bulgaria in a $15 million dollar yacht.
The OneCoin faithful, having been promised access to their funds in late 2018, for the most part refuse to acknowledge they’ve been scammed.
Despite every indication pointing to Ignatova and co-conspirators doing a runner with their money, they’ll likely only accept the inevitable after the October deadline has come and gone.
In the meantime DagCoin is now where OneCoin was back in early 2015. Once again investors, many of whom have accumulated staggering losses in OneCoin, are being encouraged to invest on the promise of cryptocurrency riches.
The same people who profited from their OneCoin misery, are now cashing in DagCoin recruitment checks each month.
Rather than acknowledge his role in enabling that and pledging to make editorial changes at BusinessForHome for the better, sadly it seems Ted Nuyten instead will once again be coming along for the ride.
Wow Ken labine now do DAGCOIN!!! AND IGOR E ALBERTS TOO!!! PLUS CIMBALA!!
DR ZAFAR KEEP SCAM UP! Along with Steve condos in Australia.
It’s to toe to line, not tow the line 🙂
I hope that at least the former conligus investors who changed to onecoin don’t make the same error again.
Thanks for catching that. Will have to block that into memory like Columbia/Colombia!
It has been a long line of bad news for OneCoin since the end of last year. This is first time one of the “OneCoin preferred communication channels” is saying Ruja Ignatova is missing. I hope the “investors” let that sink in this time.
I’m expecting that the remaining promoters (Zafar, Liback, etc.) are going to jump off the ship any day now.
Pakistani Muhammad adeel, saying that onecoin is going to be. Ew payments like BTC. Iiotic.
All comments on BullshitForHome.org were deleted:
“Comments are closed due to the large number of spam and hate comments.”
Ted Nuyten is a miserable coward!
Bad news for OneCoin? No, only for the investors!
Now, at the end of this story nearly all high rank leaders got out of the ponzi with their pockets filled with money.
Apart from some middle and low rank leaders in Asia, they lost only some millions in China and Germany, probably peanuts compared with what they “earned”. And at the top of it, the whole gang has not even to hide somewhere!
No! They are free to cruise around the world selling their new fraud.
I’m disgusted about the fact that they are really getting away with it, really disgusted!!!
@Jakob —post 6
what do you mean as I can’t work it out?
like Santa Maria I am disgusted -at so many levels –from the leaders pocketing the money ,from the authorities continual investigations,for greedy investors ,for the duped who just have their heads down -presumably hoping for the best and for lawyers who protect the leaders.
Even now there are plenty of investors who believe it will come good .. CAN SOMEONE PLEASE EXPLAIN WHY AFFILIATES MOVE TO NEW SCAMS WHEN THEY HAVE BEEN PREVIOUSLY BURNED BY THE SAME UPLINES?
Thanks guyz. You are doing a fabulous job.
Prof.Scammer Wahlroos on tour again. Today in Stockholm tomorrow London.
Simple most of them new it was a scam from the start and they want to recoup some of there loses. It’s like gambling they don’t want to admit they where the suckers all along.
Check MUHAMMED ADEEL FB!!!
HE SHOWS VIDEO HOW HE PAID EVERYTHING WITH ONECOINS IN SINGAPORE!!! GET HIS FB SPAMED HY TRUTH!!!
The reality here is definitely No Money No Party.
Everyone heard rumors about the monthly payments were paid to keep negativity concerning Onecoin & Onelife out of the press since more than a Year.
When you speak on the other hand to Onecoin believers, still today, it looks like their brain has vanished completely.
Yesterday I saw a video of Jose Gordo killing Igor, Kari and especially BFH aggressively that it almost looks like these leaders have lost their mind and ready to kill to keep their scam going. Unseen !
Its funny. Muhammed claims the bill was 419 U.S.D. and he was able to defer 196 U.S.D. of it by spending 7.7 Onecoin and the rest was paid in CASH. So he is NOT paying everything with Onecoin.
Furthermore, 419 U.S.D. is a very expensive Lunch for 3 people?????
Do you have a link?
Unfortunately, this seems to be the cutthroat truth, as I believe Wahlroos himself lost between €10K-€40K(?) in WinCapita, previously Sweden/ Finland’s largest Ponzi, previously.
Wahlroos seemed to have taken what he learned from leadership in that SCAM and applied it to future endeavors, like Onecoin. Perhaps he felt that “the world owed him,” but somehow self-justified passing on the same fate to victims he were to recruit below him.
From an observation standpoint, many people seem to become “chameleons” when money is involved, and formerly stand-up people begin dipping their toes in more and more grey areas until they become full-on apologists, manipulators and truth-twisters, in an ugly evil-ution.
This usually is it. They either:
a) Recruited others, gained money and want to do it again.
b) Tried to get their own money back by recruiting others and failed. This time they want to be closer to the top of the pyramid.
Ted Nuyten, founder/owner of the BusinessForHome website, is rat poison. He’s a piece of dog crap.
Nuyten is one of the all-time most dishonest and disingenuous scumbag network marketing “media” people in the history of the industry.
The fact is that he’s in cahoots with many companies, he gets paid from many/most of the companies he reports on, he publishes flowery articles on companies in exchange for money, and more. He’s a money whore and an attention whore.
It’s a travesty that so many network marketers trust him and rely on him. It’s a shame that he’s considered an expert in this industry when he’s just a crook.
It’ll be a great day for the industry when Nuyten is out of business and gone.
Igor slating Onecoin. Comparing it to the Titanic and saying it is a scam. Be sure to watch the whole thing.
@Johnny. Can you give a timestamp where he says that?
I really can’t watch 2 hours of Igor’s flummery.
If only I got off that lightly. All you’re missing in the first hour is Igor rambling about failed pyramid ventures with his mother and then impersonating Zig Ziglar on stage.
I’m about half way through. I think there’s enough material here for a write-up if you want to wait an hour or so (I’m only focusing on OneCoin not the rest of it).
Action starts at ~0:50:00.
I’ve made a twenty minute video of Igor’s OneCoin comments: youtu.be/LqjWOnMaMyA
The next FAKE or “news” (?) about Ruja:
To me, her appearance looks somehow different in that pic. That might indicate that the pic is fresh. Perhaps she lost weight and/or underwent plastic surgeries when hiding.
That’s been around couple days already and shown to be fake “new”. The picture was taken during the Macau event in May 2017.
For comparison see these pics and compare Ruja’s and Konstantine’s clothing and the background:
I found another pic from the scammerqueen – allegedly from October 2017. If the date is real? I don’t know!
That’s the cover of “Learning for Profit” by the queen of the crypt.
I guess the person spreading the picture referred to the time of taking the picture of the book cover.
This picture is definately older. It’s from the cover of the paperback version of her book. So at least from 2016.
Btw, has anyone read/perused the Ruja’s book? Is it just a scam prop or does it at least make an attempt to be a book with “real” (then, in this case, most likely plagiarized) content?
@ Melanie, Senjon & Ari – I think I found the same photo of Ruja, but just a slightly different angle.but I see what your saying about maybe changing her look, losing weight. I’m thinking body double(?)
The expression is the dead giveaway: tinyurl.com/y7buaoab
…but seriously (RE: comment #25&26):
Here’s YouTube footage of Ruja from May 2017, when Stefan Libak’s false “Ruja is fine” photo was taken. This is during the big Macau Event where Onecoin releases the whitepaper – or at least that was what was promoted for few months prior, but never happened. Lol.
Same dress. Same necklace. Same lie. Same liars.
@ Timothy Curry
I think this is much more authentic:
@ Ari Widell
Thanks! Here’s the cover from Amazon (2016):
Yep, it does seem that the photo is from Macau event. Shows how desperate the scammers are that they make these kinds of fakes.
Camera angle and poor lightning in that photo probably made Clepto Queens’s face look different to me.
Wouldn’t be surprising if she is undergoing plastic surgeries and other appearance makeovers so that angry victims can’t regognize her anymore. If you stumble someone looking Michael Jackson in Sofia, Bulgaria, that is probably Ruja. 😀
Melanie from Germany – Thanks for the image of Ruja. Was that “pre-nose job”?
Here is a more recent photo. elelur.com/data_images/mammals/proboscis-monkey/proboscis-monkey-04.jpg
It was taken when she heard that Igor and Ken Labine had jumped to another tree.
I fixed the quote though:
@MLM Broken Model
I think, something else is much more interesting – fantastic news from BullshitForHome.org:
The article has hit like a nuclear bomb. The OneCoiner worldwide are in panic! The section “Live Traffic” is more exciting than a thriller. I’m not a fan of BFH, but the last three days I could not resist.
What’s happened with BullshitForHome.org? I only see a white page, no error message.
same here, in india.
But root is stuffed. Probably a temporary WordPress error.
Wow I have proof!!
Juha. Parhiala now do another MLM coin 😀
Juha parhiala now building another M CASINO COIN.
Yes – and now the stupid Ken Labine (second from right) grins for DagCoin in the camera:
His new facebook-account:
Ken Labine a “Team-Leader”? In shape of a lion? Or just a bedside rug?
Sensational news from Sofia:
Having just read the news from Sofia about Onecoin’s inevitable demise my next hope is the ultimate village idiot Labine gets arrested for his part in it before he steals anymore in his new DagCoin role.
Breathtakingly stupid and spectacularly rude is not a great combination!
By the way is DAG an acronym for Desperate and Greedy?
Seems 2018 has seen the death of all the biggies and it’s only January.
Igor alberts arrested in holland, old investors came for their money..
All over the news in holland.
Thanks for the heads up! (and those who sent in tips via email)
Ted Nuyten distributes his articles and lies on three different portals. Here’s an example:
More about OneCoin scammer Gordon Stenhuijs in a separate post.
Hold up, those look like spam blogs to me. I doubt Nuyten is syndicating his content on multiple websites.
Like the BehindMLM spam blogs that come and go, it’s generally not worth the time going after them.
Nop, there is no other article published then on Business For Home. As Oz said other blogs are spam blogs 🙂
Addition to comment #47