Thread: onecoin.eu ponzi scam

Mark Scott's sentencing is now set for February 2021. Would not be surprised to see the rest pushed into 2021 as well. Mainly for health safety issues.

As expected, David Pike guilty plea delayed to March 4, 2021.

As for Konstantin, as I see it his sentencing trial date is not going to happen until Sebastian Greenwood's case is resolved. I am sure his testimony is part of his plea deal, and until he testifies, should Sebastian not do a plea deal and actually go to trial, his sentencing will not take place. Heck, they could be waiting until they nab Ruja and her trial before his sentencing date.

Authorities in Cordoba, a city in central Argentina, have arrested eight promoters of the OneCoin Ponzi scheme. Among those arrested is Edgar Moreno, a well-known local radio and television presenter. Moreno and seven accomplices were arrested on Thursday, on the order of Complex Crimes Prosecutor Enrique Gavier. The full names of those arrested are: Gustavo Adolfo Amuchástegui, Andrés Matías López, Mariana Noel López, Edgar Nicolás Moreno, Manuel Vicente Peralta Guevara, Mónica Gabriela Blasco, Daniel Cornaglia and Ricardo Beretta.

The Cordoba Complex Crimes Unit has additionally indicted Konstantin Ignatov, Ruja Ignatova, José Gordo and Eduardo Alejandro Taylor. Eduardo Alejandro Taylor has fled Argentina and now is in Brazil. Of those in the OneLife network who was arrested is Argentina Dealshaker Country Manager Gustavo Amuchastegui. The last known whereabouts of José Gordo was he was living in Spain. It will be interesting to see if he is extradited to Argentina to stand trial. One can hope he will.

I think Konstantin won't be extradited to stand trial in Argentina as part of his deal with the Feds, but it is possible if he doesn't continue to provide key evidence and witness testimony in the upcoming trial of Sebastian Greenwood. Just don't see it happening otherwise.

Germany has finally gotten into the act. After the initial raid on the OC offices in Sofia, they have been quiet until now. Bielefeld’s Public Prosecutor’s Office announced three OC/OL suspects have been indicted and will appear at Munster District Court. The investigators accuse two people of operating payment services without permission and of having transferred more than 300 million euros from investors to the Cayman Islands. A third accused allegedly made himself a criminal offense in intentional money laundering and also helped to transfer money abroad. It is also believed the prosecutors office is looking into two more to be charged. Up until now the Germans have not been successful at bringing OC/OL criminals to justice. It will be interesting to finally get the names of the three indicted and if the prosecutor is successful in their court case.

And just think we haven't even hit 2021 yet and I fully expect more OneCoiner's to be charged and tried in other countries. Couldn't happen to a nicer bunch of people.

Well King Jayms and his minions have set 4 GOALS for OneCoin, and I quote:

"GOAL #1: A world without inflation, interest or loans
GOAL #2: A safe world without anonymity and illegal online activities
GOAL #3: A secured and non-volatile payment option that is boarderless and can be used all around the world
GOAL #4: A payment method on which the authorities can rely"

Anyone who believes that OC can end inflation, interest or loans; no illegal activities online; secured and non-volatile payment option that is "boarderless" (their spelling); and a payment method the authorities can rely on are totally delusional and brainless.

If a crypto-currency could remove all illegal activities on the Internet, Bitcoin, and all the other crypto-currencies in the market, would have reduced illegal activities online by more than 60% by now. But the most audacious claim is that OneCoin is the coin the authorities can rely on defies reality with its reputation. The authorities need to shut down OneLife and DealShaker websites now to keep more gullible people from falling for all this tripe they are spewing.

In a major development of the OneCoin saga, Frank Schneider has been arrested in France and is being held waiting extradition to the US. No word yet on how soon the US authorities will take to extradite him, but if anyone knows where Ruja is it is Frank. He was also heavily involved in protecting OneCoin's image by having Carter Ruck Law Firm threaten legal action if publications did not retract their comments, and sued a couple who refused. The good news was their lawsuits did not prevail and the defendants won their cases. We might also learn all about RavnR in the UK and all of its dealings. In short, Frank is a major player equally as important as Ruja herself.

And the noose keeps tightening and there are still unsealed indictments waiting in the wings. This news had to send a chill down the spines of the other major players in OneCoin thinking they may be next. This is a huge win for the authorities.

And another major player in the OneCoin saga has been arrested. Ex-OneCoin/OneLife Black Diamond Muhammad Zafar has been arrested in Pakistan by the FIA Cyber Crime wing due to marketing OneCoin!

This definitely is going to send a chill down the spines of the other major promoters of OneCoin they may be next by their local authorities. The only real question is who's next? This is going to be a busy year for the major pimps of OneCoin as they try to figure out where they can go and feel safe from arrest. Now if they would only go after Juha Parhiala, Jose Gordo, Udo Deppisch, Kari Wahlroos, Steinkeller Brothers, Igor Alberts and Andreea Cimbala, Islam Brothers it would be a good start to making these pimps pay for their stealing.

It has been reported that Juha Parhiala, the #1 money pimp for OneCoin, has died. He reportedly had a heart attack or a stroke and died in his sleep. While his physical size did present a heart attack and stroke capability, this is just a little too convenient for me.

Juha was involved with Sebastian Greenwood prior to their involvement in Big Coin with Ruja. So they go way back. Juha knows that Sebastian is going to spill the beans on OneCoin and all the major players, of which he was one. Add in the arrest of Frank Schneider, Ruja's fixer and money launderer, and Juha knew he also had to the goods on him. The US authorities still have sealed indictments that have not been issued yet. What better way to try and throw the authorities off track is if you fake your own death and they believe it?

Call me a cynic, but until I see his dead body, he is not dead. He has the money to disappear just like Ruja. Speaking of Ruja, it is reported that she is the #2 Bitcoin holder in the world. At today's prices that makes her coins worth over $13 Billion Dollars. Buys a lot of protection doesn't it. And just think Bitcoin could hit over $100,000 by the end of this year adding another $10 or so Billion to her take. Who says crime doesn't pay?

It is going to be interesting to see if he really did die or this is just a ruse to disappear.

Well, the curtain is being slowly removed from the inside dealings of OneCoin and Ruja. Now we have learned that Ruja was able to buy some banks:

As part of Ruja Ignatova’s quest to sidestep finance regulations and avoid regulatory attention, Sheikh Saoud bin Faisal bin Sultan Al Qassimi sold her an Emirates banking license. The deal took place in September 2015 for $16 million USD. As per a co-signed “preliminary firm understanding/agreement“, Sheikh Saoud sold Ignatova the banking license for Emirates Malaysian Investment Bank. While she was able to buy the license, the OneCoin bank was never realized. Gilbert Arementa, Ruja's lover, bought the JSC Capital Bank in autumn 2015. in late 2015. there was a rumor that OneCoin acquired Hermes Bank in St Lucia.

Now there is a report that ties Ruja to terrorists groups: A report from Kuwait’s Ministry of Interior alleges ties between OneCoin, Ruja Ignatova and “terrorist groups”. Ignatova obtained diplomatic documents through iCAFE, a New York non-profit run by Sheikh Saoud bin Sultan Al Qassimi. Specific countries Kuwaiti authorities link Ruja Ignatova’s banking transactions to include terrorist organizations in Afghanistan, Pakistan and Yemen.

Kuwaiti authorities claimed to be in possession of several checks issued by Ignatova to undisclosed recipients. Citing issues with “control and oversight by Emirati authorities regarding the movement of funds”, the CIGD claimed Ignatova decided to start trying to transfer her illegal activity to the State of Kuwait and open companies and accounts that enable her to remit funds and transfer them back to other destinations. We believe that these illegal operations are being run by a country with strong and active intelligence activities in support of terrorist groups. The report was hand-delivered by the CIGD to the Chief of Dubai Police by two Kuwaiti lieutenant colonels. So far nothing has come of this information being shared with the Dubai police. The problem is she has a Dubai diplomatic passport and can claim immunity.

But it gets even more muddy: As alleged in the lawsuit, upon disappearing in October 2017, Ruja Ignatova provided Power of Attorneys to two individuals: H.E. Sheikh Saoud bin Sultan Al Qassimi (Sheikh Saoud) and Mimoun Madani to act in her stead). Sheikh Saoud is also the Secretary-General of the Intergovernmental Collaborative Action Fund for Excellence (ICAFE), a New York non profit corporation which issued “diplomatic credentials” to Ignatova to assist the OneCoin schemes. Sheikh Saoud purchased OneCoin’s assets in exchange for 230,000 bitcoin on October 1, 2015. If Ruja still holds those 230,000 Bitcoins, it makes her the #2 holder of Bitcoins in the world and a value of over $11 Billion Dollars. Sheikh Saoud is the son of ‘one of the wealthiest men in the UAE, United Arab Bank CEO H.E. Sheikh Faisal Bin Sultan Bin Salem Al Qassimi’. Sheikh Saoud handed over 4 USB drive wallets containing 230,000 bitcoin in exchange for One Coin Ltd., which was the front company for OneCoin. The purchase cemented Sheikh Saoud as the sole shareholder and Director of OneCoin Limited. The reason why it is unclear if she still holds all of the 230,000 Bitcoins is because in May 19, 2017 the Southeast European Law Enforcement Center (SELEC), a regional organization comprised of 12 member states including Bulgaria, a total of 213,519 bitcoins were seized that month. Twenty-three Bulgarian nationals were arrested during the operation, and officials said at the time that the arrests and subsequent asset seizures followed an investigation into an alleged customs fraud scam. it is possible that some of her Bitcoins were seized in this raid from someone acting on her behalf in helping launder her money. I don't believe all of them were hers, as this was an organized crime organization that comprised the vast majority of the coins. The problem is that we may never know if any of those coins were hers.

The other holder of Power of Attorney for Ruja is Mimoun Madani. He is an United Arab Emirates resident, who has a current Power of Attorney executed by Ignatova dated after her disappearance from public view and notarized by a well-known Seychelles lawyer and member of parliament, Bernard Georges. Mimoun Madani may have been the last person to see Ignatova before she disappeared.

All of this information is available at behindMLM, and the articles there contain far more information than I have shared here. To say the least the articles and comments are a must read and really exposes the dark side of OneCoin and a peek at behind the veil of the true basis of OneCoin and it wasn't cryptocurrency. That was the cover for all the money laundering and other illegal activity they were doing.

Mark Scott's sentencing has been moved to the middle of September. Seems he has medical conditions he is receiving treatment for and has an operation the middle of August. The government agreed to this delay, but said this is the last one they will allow.

Sebastian Greenwood's teleconference was held today. Due to sheer volume of evidence that has to be given to his defense team, the next teleconference is scheduled for after Labor Day. The government indicated they should be able to provide all the evidence to the defense by the end of August. They are sending them evidence daily so there is not a massive dump at the end of the time period. Hopefully this will enable the defense to be able to determine a court date at the hearing after Labor Day. To be honest I am not counting on a trial date being set at this teleconference in September. I also seriously doubt the trial will start this year, but in the first quarter of 2022. Hope I am wrong, but as it stands now that is my gut feeling. Then again it just might be gas. Time will tell.

Christi Calina and Luca Miatton claimed that they had been in negotiations with the Ukraine government. Specifically a document claiming to be an approval of “Central bank of Ukraine” to green-light the use of OneCoin as a financial asset. They talked about Luca becoming a president of a bank in the Ukraine — one that will start hand out OneCoin payment cards to OneCoin members again. The bank will be first of its kind to work with OneCoin.

Only one little itsy-bitsy, teenie-weenie problem with that story. The Ukraine government announced that no agreement existed with OneCoin and the document was a fake. Now Luca and Christi are in salvage mode trying to claim that their claim is true and the government is mistaken. Talk about trying to do damage control and failing miserably. It is fun to watch.

Back in November of 2020, there were 3 defendants indicted for money laundering in the OneCoin Ponzi by the German Authorities. No names were revealed, and it was unclear if anything would come of these indictments. The legal system works differently in Germany than here in the U.S. A poster using the name Semjon provided information on how the German Court system works. Here is what he explained about the German Court System, and I quote:

Continental European countries have Civil Law legal system which doesn’t have grand juries. Grand jury is a Common Law thing (mainly in UK and its former colonies like USA). The case has passed the second (bolded) phase in German criminal proceedings and “Main proceedings” can start. Criminal proceedings are divided into three stages: Investigation, intermediate proceedings, and the main proceedings or trial (including appeals and enforcement).

Investigation (Ermittlungsverfahren): The prosecuting authorities (either the public prosecutor or the police) will start an investigation if they suspect you of a criminal offence. The aim of the investigation is to establish whether or not the suspicion against you is justified. In order to conduct their investigation they may take a variety of measures, including searching your home. When the investigation is complete, the public prosecutor will decide whether to discontinue the proceedings on lack of suspicion or whether to charge you. Intermediate proceedings (Zwischenverfahren): In the intermediate proceedings a court assesses the charge and decides whether or not the prosecution should proceed. If the court believes that there is enough evidence to make a conviction likely, it will open the main proceedings.

Main proceedings (Hauptverfahren): In the main proceedings, the court prepares and conducts the trial. The court tests the charge at an oral hearing on the basis of the evidence available (eyewitnesses, documents, etc.). You will also be given the opportunity to tell the court your version of events and to comment on the allegations. If you are found to have committed the offence, you will be convicted. If not, you will be acquitted. You can appeal against a judgment within certain time‑limits.

In a full appeal (Berufsverfahren), the main proceedings are repeated before a higher court. In review proceedings (Revisionsverfahren), the judgment is checked only for legal defects.

The intermediate proceedings have found the case can go to trial, the main proceedings. We also now know the names of the 3 defendants in this case: the most notable being Frank Ricketts, Mrs. Manon Hübenthal, and Martin Breidenbach. Hubenthal and Breidenbach are cited as “owners” of IMS International Marketing Services, a shell company of OneCoin designed and established to do money laundering for OneCoin and Ruja. What is most interesting is that Breidenbach was an attorney with Breidenbach Rechtsanwalte law firm in Germany, which is now defunct. Hubenthal and Breidenbach are represented by the notorious law firm SBS Legal (formerly Schulenberg and Schenk). Schulenbert and Schenk is the law firm that got two other OneCoin promoters off in German court. Stephan Schulenberg has represented OneCoin in Germany and is believed to have acted as Ruja Ignatova’s personal lawyer. Breidenbach published the notorious 2014 OneCoin legal opinion that Ruja and the OneCoin gang used to steal billions of dollars. The three have been charged with money laundering $300 Million Dollars for OneCoin.

Frank Ricketts is no stranger to Ruja or Sebastian Greenwood. He sold his The Opportunity Network (formerly Unaico of which he and Sebastian were partners) affiliate-base to OneCoin for a Black Diamond position in OneCoin’s compensation plan. On his return he said that he was taking on the role of Global Network Consultant to and for Sebastian, and for all leaders around the world and for every member of OneLife, no matter where you are. I am NOT joining the company OneLife in management, administration or anything else. I’m an independent individual with my own letterhead on my own personal company.

Frank was last tied to Corsair Group, a Ponzi scheme with roots in Cloud Horizon, a failed Ponzi scheme Ricketts started after OneCoin collapsed. While Mrs. Manon Hübenthal, and Martin Breidenbach are in custody, Ricketts remains at large. His last known location was he was operating out of Thailand. If he is still there, this is good news for the German authorities. The Thai's extradited Sebastian Greenwood to the United States so there is hope they will also extradite Frank Ricketts back to Germany to stand trial.

While all these arrests are great news to hold the perps accountable, there are still several on my list that I believe were major players behind the scenes I hope are also arrested soon. The 2 Franks were on my list along with the visible players already charged and trials moving forward. I am confident there are more arrests to come, and not only just from the US authorities, but other countries as well. You can bet that there are numerous people tonight that are sweating bullets wondering if they are next with the arrests of Frank Schneider and now this case proceeding to criminal trial against these 3.

I expect this case will not be final for at least another 18 months and could possibly take 2 years to get all arrested and convicted.

Since the late fall of 2016, the story was you were not buying OneCoins but buying education packages that provided OC Tokens to be exchanged to OneCoin when it went live on an exchange. You were not allowed to claim you were buying or selling OneCoins but only education packages.

With the new leadership in place after everyone else either deserted the sinking ship or were arrested and put in jail awaiting trial, the emphasis was education packages, education packages, education packages. Well that was until now. Australia’s last standing Blue Diamond OneCoin scammer Thanh Duong seems to be quite desperate. In his recent Facebook promotion Thanh sells 200 packs of “extra” 6400 Onecoins which he claims to be worth €271552, “only” asking €2600 or $5311 AUD. Notice, no education packages being offered here for these additional coins, but flat out selling OneCoins, which only exist on paper and in people's minds.

This is a BIG NO-NO! Wonder how long it will take for King Jayms to kick him out of OC and freeze his accounts? Personally I don't see King Jayms doing this. Instead I expect him to make some kind of announcement that Dong made a mistake but has since apologized and corrected his mistake and all is well in OC/OL Ponziland. Needless to say this is going to be interesting to see how this all plays out. Let the fun begin!!

OneLife/OneCoin had been promoting their big can't miss, life-changing OneLife event held in Provdiv, Bulgaria. It was to announce the new one ecosystem and all the exciting news of the company is going to create a separate “new cash account”, to enable MLM bonus withdrawals from bonuses generated after August 1.

If you are like me you are probably wondering why Plovdiv and not Sophia. What I learned is that Provdiv is the cultural center of Bulgaria. It is also one of the oldest cities in Europe and has been around since the Roman Empire. Old town still has the original cobble streets. It is also the second largest city in Bulgaria. So it really made sense to hold it there instead of Sophia. Of course another reason was they didn't want those attending to see an almost vacant offices of OneLife/OneCoin.

For months they touted this event as a can't miss, a life-changing event and you had to be there. The event wasn't even held in the hotel ballroom but in a tent outside the hotel. The tent was lucky to hold 300 people and my guess is there were closer to 200 in attendance. They kept moving the camera around so you couldn't get a head count. That tells you how poor the attendance was. King Jayms was presented with his Black Diamond award. The excitement in the room when he accepted his award was as exciting as the watching paint dry and watching grass growing events. I really felt bad for the emcee. He had to cajole the attendees to applaud, shout and stand up for all the exciting news that was being shared. The room was as flat as a balloon with the helium escaping. It was truly pathetic. Less than 1/2 the people were applauding, cheering and standing up even after being prompted to do so.

The big news was the actual lies told. DealShaker was said to have 637,891 Merchants on the slide presentation, but the website only shows 137,591 "Registered Merchants." Oops. For years now we have been told there were over 3.7 million members in OneLife/OneCoin but the slide only showed 2,051,816 members worldwide. Now there has never, ever been 3.7 million individual members. I have no doubt there were 3.7 million accounts, as many had multiple accounts, but never that many individual members.

The spin they are trying to put on this total debacle is hilarious to watch. Their big announcement was that finally they only had one website where you could access all the different programs of OneLife in their one ecosystem. What was really funny is that they showed OneForex website. Seems these idiots didn't realize that the OneForex website was hacked and they don't own it anymore. Instead it exposes OneCoin/OneLife as the Ponzi it is. Shows you just how inept they truly are to not know this.

What was really telling was that Thanh Duong was not in attendance. He is the one who was selling his OneCoins I referenced above. Guess King Jayms sent him to the woodshed by not allowing him to attend. I bet he is glad he wasn't there it was so pathetic. Now we wait to see if Thanh starts deleting his YouTube videos and posts on his FB page.

King Jayms held a Q&A session and was asked about: when will there be an exchange? That one question they hate to have asked and have to answer. He told them it was up to the members as to when OneCoin would go on the exchange. He also said that right now supply was far greater than demand. Which means that OneCoin is worthless and not the 43.95 Euro they claim is the value of OneCoin. Oops!! Sadly I don't think anyone there picked up on that fact. You could tell that King Jayms was not happy with the question and that he had to give an answer. He also got asked about how to get merchants signed up because when they approached merchants about signing up for DealShaker they couldn't see the advantage. He did his best to gloss this over, but basically lied through his teeth how DS benefited the merchant. But then he didn't look happy at all at any time in any of his presentations; especially the big one announcing the new cash account coming Aug 1. Even he wasn't buying his BS. In the past he has been very animated, but he came across as dour and flat. He could hardly smile. When he did you could tell it was fake. Of course when they did the video interview, he was all pep and vigor. Too funny!!

So the lies continue but this is dying on the vine and it won't be much longer before they will be forced to pull the plug. The mere fact this event fell flat on its collective face after all the big hype to get people to attend tells them it is going to be over soon. Now I want to see how they try to end it. This will be fun to watch.

Well, after all the hoopla of highly edited videos of the big Bulgaria One Ecosystem gathering train wreck, OneLife announced their next big can't miss, life changing One Ecosystem event will be in Vietnam in Jan 22. No date or location set yet just the pre-announcement trying to hype the event and start drumming up support for members to attend. This will be lucky to last until Jan. Too many people were watching the live video feed of the Provdiv One Ecosystem disaster.

I had referenced that Thanh Duong was not at the Plovdiv event and felt he had been taken to the woodshed over his selling his onecoins which is a NO-NO. Seems he was in Australia and could not leave Australia as it is in lockdown. He did manage a video and of course tried his best to put a positive spin on the event. It was barf city caliber of lies as only Thanh can do.

Again we had sentencing delays for Gilbert Armenta, Mark Scott, David Pike and Konstantin. Now we are looking at October for Gilbert, Mark and David. Konstantin's hearing is now set for November but that could change again depending on what happens with Sebastian Greenwood's case. Right now he has pled not guilty. That could change and agree to a plea deal, but that is months away from happening.

One thing that I did notice in watching the Provdiv event is that there is an internal struggle for the leadership of OneLife between King Jayms and the team of Christi Calina & Luca Miatton. It is going to be interesting to see who wins the power play for leadership.

Well, King Jayms had his weekly Global Mentorship Webinar. He let everyone know how successful the One Ecosystem Plovdiv event was by claiming that new members are signing up excited about the opportunity and that existing members who were not active are now becoming active again because of the excitement of the Plovdiv event. For someone who claimed "How excited" he was, he sure didn't show it. Hardly cracked a smile. Tabita Omamogho came on and was full of fire, vim and vigor putting King Jayms to shame; but he was "excited."

Then at the end he announced that for the first time ever by any company, OneLife was going to have a triple split of their tokens. Now stop and think about this for a moment. At the super-duper, over-the-top, fantastic, successful Plovdiv event, King Jayms said that OneCoin could not go to the exchange right now as supply was greater than the demand. This would drive the price down. So to solve this, they are going to create 3 times the amount of coins, but the demand is not increasing; thus making OneCoin worth even less than before the triple split. Great strategy and marketing King Jayms. That will get the coin on the exchange sooner than later!

RUJA HAS RETURNED! Well, not exactly. A new video was released where they had an actor pretend to be Ruja. This was nothing more than a trick to get members to "donate" to the cause. You see Ruja has been cut-off from all the funds of OneCoin/OneLife and needs "donations" to develop the blockchain that will be open source. And for your donation you will be greatly rewarded with additional coins. It was very obvious this was a deep-fake but sadly many of the faithful fell for it and made donations.

Here's the video: Ruja Ignatova: are you ready to OneCoin Relaunch 2021? - YouTube When it was first released, at the end she sits back in the chair and has a conversation with an off-screen male in Russian. That has been cut from the video. One of the reasons why it was cut was due to the conversation but also because when she sat back you could see that her image was superimposed over the body of the person in the video. If you look closely at about the 1 minute mark when she sits up, you can see this along her hair line the image is superimposed over the figure. Another dead giveaway was her hands which are the hands of a man; plus Ruja would never be caught dead wearing this outfit.

This video caught the leadership flat footed. It took them 3 days to issue a statement that this video was fake. I guess they were still in euphoria from the "success" of the Plovdiv One Ecosystem event (cough, cough).

BREAKING NEWS: Italy has indicted 14 people that promoted OneCoin. Based on the information we are certain that the Steinkeller Brothers (Aron, Christian and Stephan) and Luca Miatton were included, though names were not mentioned. Here is the article about these indictments:

Brunico – According to investigations by the Bruneck financial police, 14 people are being charged with aggravated fraud, spreading a pyramid scheme and financial abuse. The investigation is related to the Bulgarian company "OneCoin Lt".

The company promised countless citizens at home and abroad high profits by investing in the cryptocurrency OneCoin. Unlike Bitcoin, Ethereum and Co, however, it was actually a pyramid scheme: This is a fraudulent model in which an investor is only paid profits if he in turn recruits new buyers, who in turn deposit again.

As soon as no new interested parties are found and liquidity dwindles, no more money flows. Those affected then usually notice that they have been subjected to fraud. Often, however, it is already too late to get back the invested money. In the course of investigations, Ruja Ignatova could be identified as the founder of the company. The woman is behind the idea of "OneCoin" and she has advanced the system on an international level. Because the Bulgarian has had several convictions both inside and outside the EU, she is an old acquaintance of the judicial authorities.

In Italy, she is said to have received support from three South Tyrolean brothers who are based abroad. According to the financial police, they also belong to the top of the organization. As part of the investigation, the officials have investigated ten other representatives – nine South Tyroleans and one person from Veneto – who promoted the pyramid scheme in Italy.

Interested parties were lured by promising phenomenal profits within a short period of time. They have also been promised additional bonuses if they recruit more members willing to invest. Those affected were told that the value of "OneCoin" would increase the higher the number of members. In addition, there will soon be a stock exchange listing, it was said – which, however, was never the case. Complicating matters for the defendants is the fact that it is cross-border fraud. Eleven million from South Tyrol transferred abroad

In the course of the investigation, which was conducted by the Bolzano public prosecutor's office, telephone calls and conversations were intercepted. In addition, house searches took place in South Tyrol and Veneto. At the same time, there were investigations abroad – especially in Germany and Bulgaria. At the global level, a total of 1.8 billion euros are said to have been postponed as part of the frauds.

The financial police of Brunico found out during the review of South Tyrolean banking institutions that a total of eleven million euros were transferred abroad for the purchase of "OneCoin" packages. Five million euros were transferred by around 3,700 people based in South Tyrol.

Already in 2019, the financial police seized seven websites and 93 profiles on social networks associated with "OneCoin". In 2017, three companies and three entrepreneurs were fined 2.5 million euros.

About the story of "OneCoin" and its founder Ruja Ignatova, the BBC in the UK has also published a podcast entitled "The missing cryptoqueen". In the USA, she and her brother Konstantin are already being tried. Her brother was arrested by the FBI in 2019. Ruja Ignatova herself has gone into hiding, an international manhunt is ongoing.

Now it is going to be interesting to see how OneLife spins this new news since Luca Miatton is one of their current "leaders" in the company. So much for the claim that OneLife has weeded out all the riff-raff of IMA's and leaders doing illegal things, yada, yada, yada they spouted.

King Jayms must be breathing a sigh of relief that he now only has to contend with Christi Calina for control of the leadership of OneLife. Which in itself raises another issue. Luca and Christi always did Zoom webinars together, as well as YouTube videos. They were a team. Their teams made up 70% of the attendees at the big Plovdiv One Ecosystem event. Then again King Jayms may be wondering if he is next on the list to get indicted. You can also bet that Christi is looking over his shoulder wondering if he is next.

The walls are a crumbling down all around the pretense of OneLife being legal and the future of the One Ecosystem. This news hit the heart of their organization big-time. The powers that be are reeling and now scrambling on how they are going to deal with this. My guess is they will ignore it for as long as they can hoping that it won't have an effect on recruiting and existing members bailing. Just as they have with every arrest made by law enforcement against leaders of OneCoin. Their problem is Luca has a large downline of members that have now been effected by all of this and it is going to be hard to sweep this under the rug with them. No doubt they are all panicking with this news.

As I have stated may times before, OneCoin/OneLife cases are a long, long, long way from being over. I can see this saga playing out well into 2023 maybe even longer. Will just depend on how many other countries will now step up to the plate and file charges against their countrymen/women who were major promoters of OneCoin/OneLife; and how far down the food chain each law enforcement agency wants to go. You can bet that any major promoter of OneCoin/OneLife is now scared they could be next. A chilling effect on future recruiting for OneLife.

OneCoin money launderer David Pike has pled guilty to one count of bank fraud today (10/19). As per a Consent Preliminary Order of Forfeiture, presented at Pike’s October 19th plea control hearing, he is also subject to a $2.09 million dollar judgment. He was facing 4 counts of fraud related charges for his role in OneCoin. His plea deal allowed him to only have to plead guilty to one charge, Bank Fraud.

Frank Schneider, one of the master minds behind OneCoin and Ruja's right hand man, was arrested in France and was requested to be extradited back to the US to stand trial. Frank appealed the extradition request and the French court rejected his appeal today. If the French government does not object, he will be extradited back to the US to stand trial for his role in OneCoin.

One thing is for sure. If anyone knows where Ruja is, alive or dead, Frank is one of them that knows. It remains to be seen if he will give her up to reduce his sentence or try for a plea deal if he gives her up. Frank coordinated the money laundering activities, tipped Ruja off that she was going to be indicted so she could flee into hiding, and assisted in setting up many of the shell companies used to launder money. He is a prize fish, more so than Konstantin. This could get interesting very soon.

Hopefully the French government will allow him to be extradited.

And another one of OC's leading promoters has bit the dust. The former head of OneCoin recruitment in Uganda has been arrested. The Criminal Investigations Department arrested John Mwambusya on January 30th. Mwambusya stands accused of stealing more than $850,000 from over one thousand Ugandans. He was arrested as he was preparing to flee to Rwanda.

According to Ugandan authorities, Mwambusya ran his OneCoin business through Crypto Bridge African Limited Mwambusya (he also goes by Mwangutsya). Mwangutsya and a team of OneLife “leaders” promoted OneCoin throughout Uganda up to 2020. Then they abruptly disappeared in 2020 just like Ruja Ignatova did in 2017. The only difference is Ruja is still in hiding, but John Mwambusya thought it was safe to try to escape to Rwanda.

A big shout out to Daniel Leinhardt for filing a complaint with the Uganda Authorities and encouraging other victims from Uganda to do the same. He withstood verbal assaults, death threats, other physical harm threats to him and his family. From the time he filed his complaint in 2020 until this arrest was almost 2 years. BUT without his courage and filing a complaint, this action and arrest would have never happened.

It is one thing to vent your anger in posts on a forum, but another to take action and file a complaint. Most victims do a lot of venting on forums, but won't file a complaint. Then they wonder why these people get away with doing what they do. It's simple: No complaint, no law enforcement action.

BRAVO, DANIEL, BRAVO!!

A"crypto queen" who scammed investors and disappeared with their millions half a decade ago may have had plastic surgery to avoid capture, say cops in Germany.

Bulgarian-born German citizen Dr. Ruja Ignatova, 41, invented the cryptocurrency OneCoin, which she marketed worldwide, attracting investors from far afield.

The only problem was it was a scam.

New Look: Missing Crypto Queen May Have Surgically Changed Appearance to Avoid Capture

"The FBI has added Ruja Ignatova, known as “CryptoQueen,” to its list of Ten Most Wanted fugitives, offering up to $100,000 for information that leads to her arrest."

Fugitive ‘CryptoQueen’ added to FBI Most Wanted list | The Hill

Sadly, it took seven (7) months for that story to make it to the MSN (Main Steam News)
How 'Cryptoqueen' Ruja Ignatova ended up as the only woman on the FBI's most-wanted list | CNN Business
Wow just wow.

4 $Billion(USD)?

Frank Schneider was under house arrest in France awaiting to be extradited back to the U.S. to stand trial, but magically he was able to ditch his 24/7 monitors and fled the country. On another note, Sebastian Greenwood pled guilty and his sentencing is scheduled for September, but since most of these dates keep changing, not certain it will happen.

Irina Dilksinka, the OneCoin attorney was arrested and extradited back to the U.S. to stand trial. No date set for trial yet. Still going through pre-trial motions. Christopher John Hamilton, from the UK, lost his extradition hearing and will be extradited back to the U.S. to stand trial for 1 count of money laundering and 1 count of conspiracy to commit wire fraud. No date set for extradition from the UK.