Charge sheet filed against arrested Indian OneCoin scammers
To ensure six top Indian OneCoin scammers arrested in April do not post bail and flee, the Mumbai EOW filed a charge sheet against the accused last week.
“We have filed the primary charge sheet so that the accused who are in custody do not get bail.
Of the total 22 accused, six are in custody, while others are on bail.
The 60-day period to file the charge sheet was nearly over for the four key accused,” Deputy Commissioner of Police (Crime) Tushar Doshi said.
The EOW arrested eighteen OneCoin affiliates in late April. Four more affiliates were booked a few days later, and another two arrested in May.
Arrest warrants were issued for six additional affiliates a few weeks ago, with all six still on the run.
So far the EOW have managed to freeze nineteen of the thirty-one bank accounts OneCoin laundered stolen investor funds through. Total seized funds currently stands at $3.87 million USD.
Despite the first arrests occurring over two months ago, OneCoin management are pretending nothing has happened. To date the company has failed to address the arrest of its affiliates in India.
In contrast, after OneCoin CEO Pierre Arens told Vietnamese affiliates the government had issued the company a license, a document was distributed to OneCoin affiliates for circulation.
The document cited OneCoin’s granting of a license through Trident Crypto Academy, one of the of the plethora of shell companies OneCoin hides behind.
The Vietnamese government was quick to identify the document as a forgery, which was picked up extensively by local and international media.
In response to their CEO being caught out, OneCoin issued a boilerplate warning to its affiliates.
Where they can, OneCoin tend to palm off regulatory action against the company onto their affiliates.
Where this is not possible, such as the arrest of OneCoin affiliates in India for promoting a Ponzi scheme, management keep silent.
Waiting for second sourcing on claims by Gerlach regarding Dutch preliminary rulings and further criminal investigation efforts per gerlachreport.com/news/onecoin-niederlande-sagen-nee-zum-betrug
Claims include full EU clampdown beginning.
About 2-3 months ago, it was alleged by a member of the Onecoin Victim Support Group that a “top leader” asserted that, “Onecoin is totally finished in UK within 6 months time.” I’ll try to source what Leader allegedly stated this and a more definitive date the claim was made.
Like Gerlach Report now (unfortunately), some claims in the group are taken with a grain of salt until documented to be proven true.
Alexa Rankings demonstrate continued and predictable decline in almost all territories with a few exceptions.
A SIGNIFICANT defection by remaining top leadership is anticipated VERY SOON.
@Tim. The entire Gerlach story is a gross exaggertion of the information presented in this thread:
behindmlm.com/companies/onecoin/norwegian-gaming-board-requests-info-on-onecoin-affiliates/ comment 18 & 20.
From the answers of the Dutch minister of Finance, Jeroen Dijsselbloem, one can only conclude that they are (now) aware of the existence of Onecoin/Onelife. Also clear they not regard it as a legitimate virtual currency and a possible pyramid scheme and point to existing boards and regulations that are already in place.
Also, they will not comment on any ongoing investigation.
And that is just about all the news in the government reply.
Jeroen Dijsselbloem is also the chairman of the Eurogroup. Maybe that could help European awareness about Onelife and help coordinating action against Onelife. But I do not know if that would be a subject for that group.
@Ritchie – I appreciate the clarification, as it did seem a bit over-optimistic and sensationalized. Hopefully the case begins moving more rapidly in that direction though.
Gerlach appear as unreliable yet again and should be treated with caution.
Looking forward to the next big defections and their publication.