BigCoin & BNA: The original OneCoin Ponzi Scam by Ruja Ignatova

May 8, 2016 Facebook Twitter LinkedIn Google+ MLM & Affiliate Marketing News

BigCoin & BNA The original OneCoin Ponzi Scam

BigCoin & BNA: The original OneCoin Ponzi points

Posted: 05 May 2016 07:54 PM PDT

In late 2014 OneCoin seemingly came out of nowhere. Ruja Ignatova was an unknown outside of China and a select group of Europeans. Sebastian Greenwood was tied to the SiteTalk share-based Ponzi scheme. As far as the cryptocurrency space went, the OneCoin concept was presented as being entirely new. Turns out it isn’t. OneCoin is little [Continue reading…] Source: BigCoin & BNA: The original OneCoin Ponzi points

This is uncharted territory for OneCoin, hence the radio silence as they try to keep the ship afloat.

Unfortunately on top of everything else I’ve covered above, new icebergs have formed by way of a regulatory crackdown in OneCoin’s largest market.

Last month OneCoin was given the boot by their payment processor, China Union Pay. This means no more credit-card processing, with investors instead required to push money through less than reputable alternatives.

In a “mother of all ironies” turn of events, bitcoin has been introduced as a payment alternative. How apt that a Ponzi points faux cryptocurrency scheme find itself reliant on a legitimate cryptocurrency to survive – if for nothing else than the differences between the two that render one financial fraud and the other not.

Oh and Chinese authorities have also arrested local OneCoin investors. That and the ongoing police investigation into the scheme hasn’t gone down to well.

To date OneCoin has failed to address the investigation or arrest of their Chinese investors.

Instead they’ve swept them under the carpet, with a reschedule of their planned Chinese event to the offshore jurisdiction of Macau. The hope is a recently released glitzy video promo will distract people long enough for OneCoin to work out its next move.

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

Best Places Advertise Free Top Surfer

Click Here For Prospects Pay YOU $10 So You Can Advertise To Them

Live Internet Affiliate Marketing, MLM, Social Networking Training…

Using Blab & Twitter Periscope

Join Harvey The Silver Fox & Marty Bostick for Live Internet Affiliate Marketing Social Networking Training. They will be training for Joint Ventures, Business Building Tips, Affiliate Income Tips, Mobile Marketing, SEO Optimization, Video Marketing, Email Marketing, Directory Listing Optimization, Google Listing Optimization, Google Adwords Management, Website Traffic, Lead Capture Pages, AutoResponders, Email Marketing, Proper Web Design, Working With WordPress, Marketing Automation, Blogging, 1st Page Google Ranking, CoOp Marketing, Lead Generation, Telemarketing, Voice Broadcasting, List Building, Link Tracking, Tracking Phone Numbers, Rotators, Google PLUS, How To Use Twitter Periscope To Build Your Biz, How To Use BLAB To Build Your Biz, and more…

Catch Marty on Periscope using the button below…

Best Places Advertise Free Periscope Click Here


The owner of this website is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to Amazon properties including, but not limited to,,,,, or
Home Privacy Policy Terms Of Use Contact Us Affiliate Disclosure DMCA Earnings Disclaimer