Ruja Ignatova builds $2.5 mill mansion, no money for OneCoin affiliates
When exactly OneCoin began to run out of money is unclear.
By January, 2017, however, affiliate withdrawals exceeded new investment such that the internal exchange had to be shut down.
Despite promises of an exploding coin value for over two years, effective January, 2017, OneCoin severed affiliates from their invested funds.
Over 2017 OneCoin continued to solicit new investment, however without ROI withdrawals the business tanked.
By the end of 2017 OneCoin had all but collapsed, with only a handful of extremely desperate affiliates left to toe the company line.
Minus recruitment commissions, which were paid out directly, it is believed the majority of funds invested into OneCoin primarily benefited owner Ruja Ignatova and her family.
In addition to a $20 million dollar property empire and $15 million dollar yacht, Ignatova is now building a new $2.5 million dollar coastal mansion.
Ignatova’s new home is being built in the Bulgarian seaside town of Sozopol.
Sozopol is a popular tourist town, with visitors from around the world flocking to the town during Bulgaria’s summer months.
Ignatova’s new pad features a private beach, private vineyard, “huge pool” and children’s playground.
Inside the house boasts “extremely expensive” custom-made furniture imported from Germany.
Adjacent the mansion is a three-story building that once served as a hotel. Ignatova snatched that up as well and has turned it into a guest house.
All up the mansion itself is estimated to have cost around $2.5 million USD. How much extra the guest house property and German furniture was is unclear.
Despite Ignatova’s flagrant display of wealth at the expense of OneCoin victims, Bulgarian authorities themselves are not believed to be investigating either OneCoin or its founder.
Ignatova went into hiding in mid 2017 and, apart from docking at Sozopol in her $15 million dollar yacht, has not been seen in public since.
The total amount of OneCoin investor funds Ignatova and her family have squirreled away since 2014 is unknown.
A week ago OneCoin’s Sofia headquarters were raided, as part of an ongoing German investigation into OneCoin.
In response to the raid, OneCoin published an anonymously authored press-release on its website yesterday.
Amid bleating about the unfairness of authorities not giving OneCoin time to prepare for the raid, the company raised the specter of bankruptcy.
Currently, because of the ongoing investigation, the OneCoin company and its partners are facing immeasurable financial loses.
From the offices of our partners was, among other things, confiscated technical equipment that is necessary for their daily operations and its loss will not only lead to financial harm but could very well lead to bankruptcy.
This fact is also puzzling and makes us believe that this is not a random coincidence.
Presumptuous maybe, but I can think of one portly lady who might be able to spot them a loan.
Three cheers for Bulgarian authorities!
4th paragraph I think you meant “Over 2017”
That I did, thanks!
Hip, Hip, kickback!
Hip Hip, kickback!
Hip Hip, kickback!
You’re welcome. Keep up the good work!
Also: 5th paragraph: “By the end of 2018 OneCoin had all but collapsed…
😉
Raaaaaaaaaaaaaaaaargh!
January blues. So damn paranoid about hitting 2017 when it’s 2018 that you forget it works backwards too.
wow!
so ms. fatty bambola is going to hide in plain sight in bulgaria?
i guess the three story guesthouse will host all her politico mafia friends who will get to watch her flop around in her swimming pool in return for the protection they’ve provided her.
she got money for nothing and they get a bikini chick for free 🙂
quid pro quo.
ha.ha.ha. well done bulgaria!
This confirms: OneCoin money is wasted yet. Nobody will get any kind of refunds. This is just blab blah blah. But… OneCoin believers are still trusting Ignatova & Crew.
Oh… of course! Some OneCoin kings advised all OneCoiner’s not to read bad news, fake news, and conspiracy press 😉
U people don’t understand that company never give back money coin wil come to market try to understand people.
The most infuriating thing about OneCoin scam is that they have scammed so much money from poor people — people who really cannot afford to lose money and make financial mistakes.
Ruja’s mansion is build on broken dreams and stolen financial future of the down-trodden. She is very depraved being if she can live with this fact.
If there is any justice in the world Ruja is missing because she took her life out of shame.
What market? The only people who invested in OneCoin are speculative investors who were sold on the artificial and only ever increased internal value of OneCoin points.
And OneCoin did “give back money” through the internal exchange, before they shut it down (withdrawals were stripping new investment).
Sounds like you got recruited in 2017 and don’t know any better. My condolences.
Dude claims “we will see dr ruja in a couple of weeks”.
Not that it would be relevant though what a onecoiner says, or thinks, or believes… just pointing it out.
[24:00] – youtube.com/watch?v=_ZSLTDKssuI
That “dude” is MUHHAMAD ZAFAR!! PAKISTANI BLACK DIAMOND THANK FROM UK!
If German Authorities can prove that Onecoin is, in fact, funding terrorist activity, what charges might a USA banker/ magazine publisher & his scamming partner face for literally setting up the money laundering channels which may have contributed to this alleged Terrorist Funding?
Here’s Chris Principe chumming it up with Onecoin/ OLN investors and promoters in Brisbane Australia today, still promoting the growing international scandal and fraud:
NOLINK://www.facebook.com/groups/447999482063079/permalink/751011415095216/
What an idiot/ silly Ponzi PIMP!
#MoonLearning
#menu2moon
#Papa1coin
he organized a onecoin ‘dealshaker expo’ in london on 20th jan, 2018.
a handful of onecoin affiliate merchants were selling dresses, pastries, artificial jewelry etc and accepting part payment in onecoins, which actually means onecoins were being used as a discount coupon and not a currency.
funnily, the venue of this expo showcasing the ‘usability’ of onecoin was announced just one day prior to the event!
whats muhammad zafar so afraid of when the coin he’s pimping is so legal and usable and bestest?
So it seems that this little raid brings down whole company, as it is “such a big financial loss”?
Come on, was it not supposed to be multi million cryptocurrency company with amazing blockchain technologies and such? Must be really shitty company then. Which it has been from day one.
Weak. To say the least.
@Timothy Curry
Why would Bulgarian mafia members running a Ponzyramid scheme give some of their ill-gotten gains to terrorists?
I can’t claim to be an expert, maybe there’s some sort of Balkan Muslim connection, but they don’t seem the type to believe in the glory of the Islamic caliphate. They’d rather spend that money on themselves.
I suspect the “crime groups and terrorist organizations” referred to in news reports is just a catch-all term.
Ted Nuyten forgot to delete this comment?
share-your-photo.com/img/d9e724a052.png
Source: BFH.org
Oh no!!!!
Facebook group
“Ruja Ignatova – Onecoin the Future of Payments”
has now been renamed to
“CryptoCurrency News – BlockChain Technology”
I’m sure that will silence victims on the interwebs.
@Malthusian
In my opinion its not about giving money to terrorist organization directly. Most likely it is about providing them with means to covertly transfer money between members by using gift codes, etc.
JUHA PARHIALA LEFT ONECOIN PROMOTING ANOTHER PONZI SCAM.
TOGETHER WITH DANIEL GRENON ETC KARI.
@Malthusian & Yify – mafia also need weaponry, drugs, ability to exchange and sell identification documents (ie., Onecoin members KYC), transfer of stolen goods, and other channels to launder money both ways, i presume covers the def..
Being suspected of and under criminal investigation for “Funding terrorist organizations (or potentially being considered one itself) doesn’t mean Onecoin is straight “donating to the cause,” but I believe “collaboration.”
A number of the schemes which top Onecoin leaders and founders have affiliated with definitely seem to lead to a short-list of shadow figures whom seem to have coincidentally been “rubbing shoulders” for the past decade. People like Christian Helgesen, Rune Evensen, Bjorn Thomas, (the other Bjorn too – forgot name), and even Nigel Allen still pops up.
Those involved in the payment/ gift code channel fraud aspect of this are known to float in or sry least communicate within the same circle.
Igor Krnic wrote in his forum today:
Fake-news or real?
Onecoin Raid by Europol & the German investigative bodies & Bugalria GDOC’s officers:
Official Information from Bulgaria Ministry of the Interior.
that is not true, since onecoin is not a currency. it’s just a database, like an excel sheet. can’t buy sh*t with excel row entry “value”!
Where all the payments, made mostly by honorable members of society, believing in a better future in combination with GREED, wen to remains unknown. I am eager to read the book once it is published though!
Anyway we’re talking about the company which always claimed “JOIN THE FINANCIAL REVOLUTION”. Ruja buying some shitty old hotel property is just another page in the story of Onecoin, the “Bitcoin Killer”. You believe, you pay a hard price.
They don’t have to give money to terrorists and criminal gangs “directly”. How does anyone know who is behind the usernames?
If you were a terrorist or criminal, would you rather rob a bank or join a ponzi scheme near the top to raise money?
I saw the German arrest warrant news. Treating it as unconfirmed until Ignatova’s in cuffs. She can’t stay in Dubai forever.
who says she is in dubai?!
Was reported in Bulgaria from memory. The media there seem pretty keen on tracking “the richest woman in the country”.
On a lighter note, I copy/pasted the Bulgarian-written article into google translator. I was keeping pace with everything I read…until that last line:
And now, this:
Three cheers for Bulgarian authorities!
reuters.com/article/us-bulgaria-government/bulgarian-government-survives-no-confidence-vote-over-corruption-idUSKBN1FE0UU
On so called Dr Zafar’s Facebook page is a flyer for a “London Event” this weekend featuring Black Diamonds – Zafar / Jose Gordo / Mariana Lopez de Waard / Mansour Tawafi / Jamil Kan & FRANK RICKETTS ! {+ All the Great European Leaders (his words not mine}.
No doubt the raiding of the offices of OC is fake news…..
There’s no venue for this shindig but perhaps it would be an easy opportunity to arrest a few at one go.
Zafar normally posts the venue at the last minute like he did last weekend with his Dealshaker expo. You couldn’t make this stuff up! City of LOndon police please note……
Quote ex-CEO Pierre Arens May 2017:
Quote OneLife press release January 2018:
Dreadful! One campaign is chasing the next… 😀
share-your-photo.com/img/f3290fccd1.png
Ruja Ignatova should get hunted down like the pig she is.
zafar announced the venue a few hours ago:
if anyone wants to ask the london police to attend – go ahead!
Oz
The Daily Mirror in the UK states there have been 3 UK arrests so far.
google.co.uk/amp/s/www.mirror.co.uk/news/uk-news/alleged-pyramid-scheme-onecoin-faces-11911858.amp
Finally…….
Yeah I saw that! Bit strange though that there’s been no mention other than a throwaway sentence in this article?
Something started there!
reuters.com/article/us-bulgaria-luxury-probe/bulgarian-prosecutors-to-investigate-owners-of-luxury-cars-expensive-homes-idUSKBN1FI1I0
@ANDREW
Thanks for this update and I see that the Asian papers have also published a version of the article
I have written to the Bulgarian Special Prosecutors office referring to the pyramid scheme ,the potential money laundering and the scam of no blockchain/ I have advised them of known contacts in Bulgaria including Ignatova, Irina Dilkinska (LAWYER) and Support /Compliance.
Others might choose to follow?
In response to my mail to OneCoin Support this is there response
Reuters area publishing the following: reuters.com/article/us-bulgaria-luxury-probe/bulgarian-prosecutors-to-investigate-owners-of-luxury-cars-expensive-homes-idUSKBN1FI1I0
Good to see that the guys are still holding the fort despite 50 of them being questioned.
We’ll see if anything comes of it. After OneCoin I personally have zero confidence in Bulgarian authorities.
@Oz
I am not holding my breath either but Bulgaria is now under the EU spotlight as holding the rotating presidency.
So the more complaints the better and let your regulatory body have a copy. I imagine that OneCoin will have closed within their presidential watch in Bulgaria which will be ironic.=and really damaging if the Bulgarians just do little and not be seen to arrest etc.
Time to change if they want there rural population to move out of the cities elsewhere in Europe as they have been centralising for years and have a poor fortune ahead for them.
Only 2 more days before further details of the public offering are due to be announced -that was ,of course , before Sebastian Greenwood went to early retire–up to Frank Ricketts then.
Ref post 41
The following response was received from Nikola in Support
Well that is good to hear Nikola so tell that to the authorities when you are interviewed again.
Still at least you are getting a wage.
People still believe
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found on the last alive German speaking facebook page.
There are many investors in Korea.
People who are old and have no money invested a lot.
@Santa Maria Amazing that posting authorised news which is confirmed is called “hating ”
So Wahlross and Alberts are haters? Greenwood is actually still active or not, what are the Steinkellers up to? Where is Ruja? Why would the German authorities let a OneCoin facebook fan into the outcome of last weeks raid.
You believers need to get real and get out like your leaders have–You may be able to pay back your downlines fro your next scam as I doubt you will have made money out of this scam.
The coins have no value and this will be apparent when there is no further news as at end January as promised by Greenwood You are going to have to explain that you were in the “education business” not coin investment and you never suggested otherwise.
I DON’T ACTUALLY HATE BUY AM SORRY FOR THE MISERY THAT THIS IS GOING TO CAUSE AND HOPE THAT ANY ACTIVES ARE ARRESTED AND PUBLICLY SHAMED!
Ref 44
This is what my upline sent to Nikola as he must have thought they suspected him:
I sent him and Nikola the following reply.
NOLINK://share-your-photo.com/img/7dfc2c615c.png
Embarrassing or shameful? Only 46 (!) seconds “heal world”, but no arguments or explanations. Always following the motto: Eat or die!
NOLINK://youtube.com/embed/tFoQ7Y8aXEE
@Melanie
What a useless video— eat corn on the cob and parachute.
THE FUTURE OF MONEY? what about the public offering????
interesting video, i don’t know if it’s new or a (usual) onecoin scammer repost, no really possible to know if they be record before or after the police raid;
youtube.com/watch?v=SemSMFqAPDE
Around 10:08 you can see Konstantin Ignatov, clearly don’t want to be shoot by the camera.
if you don’t understand french, it’s about the same shit has usual so;
“blablabla look the one coin office is real! people work here! you can see new great perfect innovation! blablablabla raid news is a fake news, one coin is legal! not a scam! you will regret to no take this opportunity! blablablablabla Ho konstantin! my friend! blablablabla the ICO is comming! blablablablabla i piss excellence!”
the main person on the video is “Julien Zerbini”: youtube.com/channel/UC9L6vJIhfrk0M9cbKbJZJ9w
It’s a French dude living in Mexic, promoting the onecoin scam, his youtube channel is shameless between the fake restaurant/place accepting onecoin and his “inspiriting” behavior.
Hey Julien, if you read this; don’t worry i saved ALL of your video just in case you try to disappear from the web 🙂
Another cool video from Julien, in this one, he activate the power pack, get some “miraculous” split au magically be a new one coin millionaire … fantastic. youtube.com/watch?v=Mh5OOnve_i4
best regards from Belgium …
Haha, Konstantin going “nope” after the guy greeted him was hilarious 🙂
What was absolutely incredible is that there was no receptionist at the front desk, and there was only one person on the entire ground floor.
The second floor was also vacant until Konstantin showed up probably wondering who the heck was there filming and how did they get to the second floor.
I’m more amused by the fact that this trillion dollar company doesn’t have any security whatsoever. In Finland even many small companies keycard-limited access to their facilities. OneCoin on the other hand has all its stuff in an easy-to-access office in Sofia.
Of course OneCoin has its KYV (Know Your Victims) process so no outsider can steal onecoins, because Ruja can easily return any lost coins by pushing a button on his laptop. Not that anyone would have the slightest interest in stealing onecoins to begin with.
For example, Igor Alberts claimed to possess 80 million onecoins and Kari Wahlroos 50 million. Based on the current imaginary value of onecoins Alberts lost 1.65 billion euros and Wahlroos about 1 billion euros. They certainly don’t seem to give a shit about their lost coins. – I guess it’s all about you(r cash) then.
You can see at 5:40 there is a person on the left, with his back turned to the camera (doorman perhaps ?). I assume the offices were locked, and these french guys found someone to let them in, in order to record inside.
Whoever did it, probably didn’t warn Konstantin, and that’s the reason he showed up later, all surprised and hiding from the camera.
Way too much reminder of TelexFree and the Sann Rodriguez stunt.
Just I want to no about onecoin it’s people telling its fake or its correct or not pls give me reply as I am waiting for your reply.
it is fake.
How could you tell me it is fake can you clarify me how?
@Mgm
Why you don`t read the comments?
OneCoin is a Ponzi scheme, of course it’s “fake”.
Stop being a lazy dumbass and start reading.
Wasn’t there a French guy named Jullian who was behind the Davor Coin? He did a phone interview and a telegram interview before the $1 million lottery and the thing collapsed.
Julien was never confirmed to actually have anything to do with DavorCoin. Was just a random Telegram account.
i would like to join but I have no money.
Just go around telling people you did join. You’ll be no worse off than other OneCoin affiliates.
Ruja’s yacht DAVINA. Currently in Sozopol.
share-your-photo.com/fbabd5c565
Source: Jamie Bartlett (twitter.com/JenMcAdamGlobal/)