OneCoin Scam Up Date: Lose credit card processing merchant


May 1, 2016 Facebook Twitter LinkedIn Google+ MLM & Affiliate Marketing News



OneCoin credit card processing Scam Alert

OneCoin lose credit card processing merchant

Posted: 30 Apr 2016 05:35 PM PDT

If you thought OneCoin’s bitcoin announcement was a conveniently timed distraction from a Chinese crackdown on the scheme… you’d be half right. Turns out there might be a much more serious problem for OneCoin behind the decision. According to OneCoin, the decision to start accepting bitcoin investment was made after careful monitoring of the market [Continue reading…] Source: OneCoin lose credit card processing merchant

If you thought OneCoin’s bitcoin announcement was a conveniently timed distraction from a Chinese crackdown on the scheme… you’d be half right.

Turns out there might be a much more serious problem for OneCoin behind the decision.

According to OneCoin, the decision to start accepting bitcoin investment

was made after careful monitoring of the market trends, which show that more and more people are seeking alternatives to bitcoin, since the currency has shown a rapid decline after crashing in value in 2015.

Putting aside the fact that the value BitCoin has doubled in the last twelve months, the real reason OneCoin are now accepting bitcoin is because they just lost their credit card processing merchant.

As of May 1st, 2016, new and existing OneCoin investors who attempt to deposit funds into the scheme via credit card are advised the service is “temporarily out of service”:

Read the full article and join in the discussion over at BehindMLM.

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