Thread: onecoin.eu ponzi scam

As per the unsealed filing, Greenwood was indicted as “Karl Sebastian Greenwood” by a grand jury on February 6th, 2018. Everyone was searching for Sebastian Greenwood, not Karl Sebastian Greenwood in the US Prison System, thus why he was not found. He was there all along just hiding in plain sight. He has been confined at NY MCC Jail.

Greenwood’s indictment details five counts of fraud: conspiracy to commit wire fraud; wire fraud; conspiracy to commit money laundering; conspiracy to commit securities fraud; and securities fraud.

When Konstantin was arrested, in his criminal complaint WC-1 was referenced, and our thinking was Sebastian was WC-1. With this new information, it is clear that WC-1 being referenced was not Sebastian at all. It is possible in that instance WC-1 may have been Gilbert Armenta who has been cooperating with the Feds.

In the “Overt Acts” section of the indictment, two unnamed co-conspirators are referenced:

On or about July 1, 2015, GREENWOOD sent an email to a co-conspirator not named herein (“CC-1”), stating in part, “I thought this could go out tonight, problem is I don’t have the access to send out to the members,” and attaching a document which announced a July 4, 2015 online webinar hosted by CC-1 and others to mark the official opening of the United States market for OneCoin.

On or about July 4, 2015, CC-1 participated in an online webinar, later posted to YouTube.com, in which CC-1 announced the official opening of the United States market for OneCoin.

On or about August 18, 2015, in order to purchase a OneCoin package, at the direction of a second co-conspirator not named herein (“CC-2”), a victim residing in the United States wired approximately $5,548 through a correspondent bank located in New York, New York, to benefit a bank account held in the name of “oneCoin Ltd.,” opened at the direction of CC-1 at Mashreq Bank in Dubai, United Arab Emirates.

As for who is “CC-2”, that’s wide open. We do know that CC-2 would have to be someone promoting OneCoin in the US in 2015, who was also high profile enough to be named a co-conspirator. This leaves Sal Leto; self-appointed “Operation Mgr/ Master Distributor USA,” Glenn Smith; Tom McMurrain; Denis Murdock; and a few others as possibilities. It will be interesting to see just who is CC-2, and it won't be long until we find out.

On April 6th Greenwood’s pretrial conference was rescheduled for June 3rd. Kontsantin had his sentencing hearing postponed until July 8 in part to the government saying he had not completed his required services pertinent to his plea deal. No doubt this is because of his testifying against Sebastian Greenwood in his trial, unless Sebastian does a plea deal.

Expect more indictments, arrests and trials for the remainder of 2020 and into 2021 and possibly 2022 before this saga is over. Just too many big fish left that have not been indicted or charged. Some on that potential list are: Veska Ignatov (Ruja's mother); Frank Ricketts; Frank Schneider; Irina Dilkinska; Ken Nordlund; Chris Principe; Ed Ludbrook; and Kari Wahlroos; with the possibly of a few others.

Then it will be interesting to see if they go after the big winners: Juha Parhiala, Steinkeller Brothers, Igor Alberts & Andreea Cimbala, Aslam Brothers, Simon Le, Habib Zahid, Maurice Katz, Tom McMurrain, Denis Murdock, Jose Gordo, Muhammad Zafar, and possibly a few others.

As you can see, this is far, far, far, far from being over. In fact it is just starting. Can't wait to see who is the next indicted and charged. Going to be a fun year.

When it was announced that Simon Le had left OneCoin, there were several different stories that were being told. Like all the other major pimps to leave this sinking ship, there were multiple stories as to the "why" they left. The real reason was there was no more money to be made from recruitment and there was never going to be a launch of OC on any exchange anywhere.

One of the stories that was floated was Simon had a big meeting with Veska, Ruja's mother, who is now said to be running the OC ship, and they had a heated exchange and he resigned because he did not get his way. Seems he was trying to take his own crypto-coin and make it part of OC and Veska said no.

Now it has been learned that Simon Le is launching his own version of OC, yeah I know another in a long list of former OC pimps that declared their allegiance forever to OC and Ruja that sailed off to try and start their own fake OC. Well, the company announced this in their newsletter, and I quote:

"WARNING!! STAY AWAY FROM SIMON LE'S NEW COPYCAT COIN, DON'T RISK LOOSING YOUR ACCOUNTS

The company has taken the decision of zero tolerance for any individuals or entity promoting or involved in activities that are in direct conflict with our OneEcoSystem. After much negotiations with Mr. Simon Le to prevent or dissuade him from resigning, we have come to understand that his reason for leaving is to focus on a project that he is spare heading and leading.

This project is in direct conflict with everything the OneEcoSystem and brand stands for. This has forced us to take the position of zero tolerance against Mr. Le and any of his associates, particularly since the project is an attempt at cloning our system. Added to this, the intent is to mislead our members into joining his new (copycat) coin. We deem his actions to be a direct conflict of interest. We are warning that such actions will prompt us to freeze accounts that violate our Terms and Conditions."

What I found amusing about this warning is that every time one of the former IMA's or pimps of OC as I call them trotted off to start their own fake crypto-currency, they issued this warning. Yet most didn't listen or flat out didn't care since OC had not traded on an exchange as had been promised for 5 years and the new rip-offs were at least being traded on a public exchange.

It will be interesting to see if Simon actually launches a real crypto-currency or it is just another in a long line of fake OC wannabe's trying to steal as much money as possible before it too fails. What will also be interesting is to see if he tries to incorporate a DealShaker type of program to go with his coin. He was put in charge of the OC FOREX program, so not sure if he will just skip the merchant program and opt for a FOREX program as part of his coin offering.

If he was smart, he would lay low and stay away from anything to do with crypto-currency. But then that would be if he was smart. By launching his own crypto-currency kind of gives us our answer doesn't it. Some never learn.

Information is trickling out about Simon Le's OC clone. It seems he is targeting the Vietnamese community and all the info available seems to be only in Vietnamese.

He is calling his program OneLink/OneLinkcoin (onelinknetwork.com). From what we can tell at quick glance it’s more or less the same as DagCoin, with a flashy ecosystem, sketchy mobile app and overhyped decentralized blockchain etc.. Onecoin cultists are actively jumping off the sinking ship over to the new one, following their leaders. According to Vietnamese telling about it, Simon Le is touting the decentralized blockchain over centralized, corruption-prone Onecoin that he used to swear by his heart to be the future of a financial revolution. Funny how that works isn't it when you start your own fake crypto-currency. Seems he is staying in the background and letting mid-level former OC'ers take the lead. Seems a lot of Vietnamese aren't too happy with Simon Le for jumping the OC ship after claiming he was going to save it.

I get the feeling he is testing the waters in Vietnam to see how well it is received before branching out to other countries. So far there is no English translation of the comp plan, but you can bet Oz will do a review once it is available. Simon better hope that he has not ticked off the wrong people because they could come after him. It definitely going to be interesting to see how this all plays out.

There was a moment when I had hoped that Simon Le had seen the light after being initially conned by OneCoin into joining. Since it wasn't long before he was considered an insider, he had to know that OC was a total lie and fake.

When it was announced that he was appointed Captain of the new OC, there was a slim chance he was really going to try and make OC legal. Of course the big obstacle in trying to make OC legal was the fact it was never legal and its reputation was shot. There were stories that he was trying to get Veska to change the name so they could start fresh, which hopefully meant the new company would start out legal. When that failed, it was certain that there would never be an attempt to make OC legal. It was just more smoke and mirrors to delude the faithful things had changed when they hadn't.

With the announcement that Simon was launching his own coin OneLink/OneLinkCoin the question was will he do it legally or will this just be another clone of OC and a Ponzi? Now that the comp plan is available, and more information is known about the new company, it is clear this is just another crypto-currency Ponzi.

The only thing Simon Le learned is how to con more people but this time by running the program rather than just promoting it. The story was that Simon had some kind of immunity deal with the US Authorities and that's why he had not been arrested. Well, if he did, that's out the window now with the launch of his new OneLink/OneLinkCoin. I never believed he had a deal of any kind with the US Authorities. They just weren't ready to act yet.

Nothing like stealing from the same community twice is there Simon Le! You had better worry about the Vietnamese Authorities because there are a lot of Vietnamese that are going to be reporting you, and this time they may take action. I am confident that you are on their watch list, and rightfully so. Now the question is are you in Vietnam or hiding out in Dubai?

Well, well, well, it seems Tom McMurrain finally saw the light. He made a YouTube video where he admits OC was a scam. Never mind that he continued to promote OC 6 months after the Macau Event, which he says is when he realized that OC was a scam and Ruja had lied. All of this while at the same time pitching his fake crypto-currency. Gotta love it. Funny how after criticizing all of us "haters" for being ignorant, didn't know what we were talking about, and all the other negative comments for all of us he now realizes we were right.

I especially liked how he tried to minimize and sanitize his role in OC. Guess he's afraid he's next for the US Authorities to arrest. Especially since he is a prior felon for running a Ponzi. If you want to take a look, here's his video: YouTube

There have been a lot of things happening since Simon Le jumped the OC ship and sailed off to start his own crypto-coin Ponzi. The COVID-19 virus has forced the major DealShaker events to be done online instead of live events, which has been a blessing in disguise. It has prevented large number of merchants and individuals from being conned into joining. But the internal turmoil has not stopped.

It seems that King Jayms and Fred Fok (real name Fok Fook Seng) have had a falling out and Fred and his wife were removed as country managers for China. Now what is interesting about this move was that Fred was the one who created the sales and marketing plan that was getting merchants to join OC and continue the ruse of this being a legitimate company and OC was a real crypto-currency.

Now the only question is how long before Fred and his wife announce their departure from OC. Some are saying they have already left but it hasn't been announced yet. Based on information I have they have not left the company, at least not yet. I do believe they will leave, but it remains to be seen how long before they do.

The webinars are not doing well. The number of people watching now has fallen off dramatically, the number of new merchants signing up has fallen dramatically from the live events, and of course the same thing for the number of new people joining. As with any Ponzi cult-like mentality, you have to be face-to-face to successfully recruit people. You need the hype built up in the room to get people to join. None of this is happening with the webinars no matter how hard they try. Ponzi's need live events to be successful and keep the momentum going. Videos and webinars are just supporting tools. They can't carry the water like live events do.

There also seems to be internal strife between Veska, Ruja's mother, having taken over the company versus how much cash she wants to spend to try to continue making the company look like it is real. She wants the new enrollee's to cover those costs, not for her to have to spend already stolen money to keep the company afloat. So it has fallen on King Jayms to make that happen. But by removing Fred and his wife as country managers for China. Fred's big contribution was he speaks Chinese and thus was more credible to the audience than those needing translators when presenting.

What is even more funny is that after King Jayms made this big speech about how the new leadership would not lie to the members, King Jayms has been caught making several lies, and wasn't too happy about being called out on it. One of the lies that King Jayms got caught out on telling was when he said the blockchain was receiving an upgrade to handle the increase in the number of coins being mined, and then later said it was a whole new blockchain. He is losing his "cool" and always upbeat positive spiel of his. In short, his true colors are coming out. People are starting to realize he is nothing more than a big bag of wind and this is all smoke and mirrors.

When it was announced that OC would be upping the number of their coins to 250 Billion, it was not received well. It has been rumored that this is one of the reasons why Simon Le jumped ship. It goes against what Ruja said when the raised the number of coins to 120 Billion that this was the final amount that could be mined. Of course they had to up the number because Ruja had said that once OC had mined 80% of their allotted coins they would go public. This is why they said that there would not be an exchange until there were 1 million merchants in DealShaker and 10 million members when the new management team took over. Then they realized that they were approaching the 80% bench mark of their pretend coins would soon be reached, so they bumped the number to 250 Billion coins to buy themselves more time.

Now the Italian leaders have come up with a new MasterCard debit card for DealShaker. Not going to go into all the details of it, but will just say it too is all smoke and mirrors and not what the membership is being told it is and will do what they claim it will do. It is nothing more for a way for the Italian leaders to steal even more money to make up for the zero value of their worthless OC's.

Then if all of this wasn't enough, OC has announced that they are doing an auction of a yacht (read Ruja's yacht), 2 apartments in Dubai (read Ruja's Dubai apartments), BMW, laptops and smartphones. Of course they don't mention that the yacht and apartments are Ruja's. Maybe one reason is that they are possible forfeiture items to be named at a later date by the US Authorities. On the other, with all the still believer's of Ruja's dream, it could be a massive selling point as I am sure there are those who would love to own what Ruja owned. Of course they won't realize they were all bought with OC"s money, and not Ruja's money. At last notice, the tickets are not selling well. King Jayms is going overboard pushing the sale of the tickets. The big raffle is set for the Romanian event in August. Only two questions remain for this to happen: 1. Will OC fully collapse before this event, or 2. If ticket sales don't go well (there is a set number of tickets that must be bought for the raffle to take place in each category) will they postpone this raffle to another future event? My bet is on the total collapse before August.

As you can see, the scamming never stops with this crowd.

Konstantin was supposed to have his sentencing hearing tomorrow (7/8), but it has been delayed 4 months. This is because Sebastian's trial has been delayed and they need Konstantin testifying at his trial. A lot of disappointed people that his sentencing is not happening tomorrow, but even if it had happened, it would have no impact on the current so-called leadership of OC continuing to steal more money from gullible OC'ers. It is all fake news as far as they are concerned. They can only focus on the "future." King Jayms is promising that OC will, and I quote: "I want to bring some information clearly across to you, to help you understand the financial opportunity that’s involved in this process for you, to help you understand how in the next 12-18 whatever money you would have made in OneLife, you are going to "TRIPLE" it."

Talk about living in a fantasy world. So much for his always telling the "truth" to the members BS he spouted back in January when the new management was announced that has now been reduced to just him. Fred and Simon Le are gone. One can only hope that when Sebastian's trial is over, they go after King Jayms, Simon Le, Fred Fok, and Veska Ignatov for their role in trying to continue this Ponzi. I think Irina Dilkinska is one of the 4 sealed indictments, at least I hope so.

Fred Fok was found guilty by a Singapore Court for his role in OneCoin and fined $71,700 US Dollars. One of the reasons why he has virtually disappeared from view promoting OC. Also why King Jayms stripped him of his leadership position prior to this news becoming public. While King Jayms keeps the lying machine going full blast, OC if falling down around his ears. Not a lot of success, enthusiasm, excitement for the upcoming auction. Ticket sales are abysmal and they are doing everything they can to try and pump them up to no avail. Hopefully the members are finally starting to see through all the BS and lies and realize OC is dead and there never, ever was any coins being mined. Time will tell.

Two OneCoin promoters have been found in dead in Mazatlan, Sinaloa, Mexico. The bodies of Oscar Brito Ibarra and Ignacio Ibarra (no relation), were stuffed into suitcases and dumped in a vacant lot. An examination determined suffocation as the cause of death. Local Mexican authorities are treating the deaths as homicide and an investigation is underway.

in order to convince people to invest, Brito had to pitch them on OneCoin’s failed ecommerce platform, DealShaker. Brito partnered up with a small group of Chilean OneCoin affiliates, and together they promoted the scam across Argentina, Brazil and Colombia. At the end of 2019, Brito learned of the Latin American Automotive Marketing Company (CLA). CLA operated in Argentina and Colombia. The company’s business model saw it accept cryptocurrency as payment for cars.
Brito is believed to have traveled to Argentina to meet CLA representative Cristian Cabrera. The idea was to get CLA to accept OneCoin and promote its service on DealShaker. In February 2020, Cabrera and another CLA representative, Ignacio Ibarra, traveled to Chile to promote the scheme.

Brito continued to promote the CLA Dealshaker scheme with Ignacio Ibarra. On June 20th Brito and Ibarra traveled to Mazatlan, Sinaloa. The exact reason for the trip is unclear, although people Brito was in contact claim “they were sent by CLA to attract clients.” A few days later, the bodies of Brito and Ibarra were found.

You can read more of this story at behindMLM.

A little back story: Gilbert Armenta, a resident of Florida, was a key figure in OneCoin’s money laundering operations. He was also romantically linked to OneCoin’s founder, Ruja Ignatova. The story goes that Gilbert was to divorce his wife, Ruja to divorce her husband, and the two would be married. Seems Ruja didn’t buy Armenta was going to divorce his wife, so she had his apartment in Florida bugged. It was then she found out he was cooperating with the FBI and soon after she disappeared.

Now to Gilbert Armenta and his arrest, cooperation with the Feds and violating his plea agreement with the Feds: On September 12th, 2017, Armenta was indicted by a Grand Jury on three counts of extortion; conspiracy to commit extortion, attempted extortion and travel act extortion. Armenta was arrested in Connecticut the following day on September 13th. At his hearing held in New York on September 18th, Armenta’s bail was set at $5 million dollars. Armenta was ordered to stay in Manhattan with a 6pm curfew and GPS monitoring. His passport and those belonging to his adult children were also surrendered.

Armenta’s initial plea to the criminal charges against him was not guilty. On January 24th 2018, the DOJ filed a superseding indictment adding additional criminal charges. Armenta now faced five counts: conspiracy to commit wire fraud; conspiracy to commit money laundering (three counts); and conspiracy to commit extortion. As alleged by the DOJ: Gilbert Armenta assisted in the execution of the OneCoin scheme by: (a) coordinating the opening of OneCoin Ltd. depository bank accounts … at banks located in Mexico and South America; (b) establishing and administering OneCoin “pool accounts” at various international banks; (c) introducing one or more principals of the OneCoin scheme to an online reputation company for the purpose of removing from the internet negative information about OneCoin Ltd.; (d) transmitting OneCoin Ltd. fund to pay recruitment commissions to OneCoin members who recruited new OneCoin members, as well as to pay refunds to dissatisfied OneCoin members; and (e) transmitting OneCoin Scheme proceeds through bank accounts located in the United States and abroad, and making various misrepresentations to banks regarding the source of the funds, for the purpose of laundering the OneCoin scheme proceeds.

With respect to extortion, the DOJ alleged Armenta agreed with others to use threats of physical harm to attempt to collect payment through international wire transfer from an individual in the United Kingdom who they believed had stolen business proceeds originally intended for international wire transfer. The individual in question is not named.

The same day the superseding indictment was filed, Armenta pled guilty to all five counts. We know through testimony that Armenta opted to cooperate with the FBI following his arrest in September 2017. Nothing was filed in Armenta’s case from March 27th, 2018 until April 2020. It was assumed by all of us that he was cooperating with the authorities for a reduced sentence. On April 29th 2020, the DOJ requested Armenta’s case be unsealed. It is believed this signaled the end of his cooperation with US authorities.

On May 29th Armenta’s sentencing was scheduled for July 23rd. Citing COVID-19 and claiming he was suffering from “uncertainty and stress”, on July 7th Armenta requested his sentencing hearing be conducted via video conference. The uncertainty and stress that Mr. Armenta and his family have been living with has been agonizing. Mr. Armenta has been in home detention for over three months, following eight months in detention at the Metropolitan Correctional Center (the “MCC”). Further delaying his sentencing, possibly indefinitely depending on the pandemic’s progression, only exacerbates the anxiety and torment that Mr. Armenta is experiencing.

The DOJ responded in opposition to Armenta’s motion the same day. The DOJ revealed that with respect to violating his cooperation agreement, Armenta had used his companies to engage in additional criminal activity while subject to the terms of a cooperation agreement with the Government. In their argument against a video conference hearing (which increased the probability of the scheduled date being kept), the DOJ argued there are no specific reasons that sentencing in this case cannot be further delayed without serious harm to the interests of justice. The complexity of the case in support of an in-person hearing was also brought up. On July 8th the court denied Armenta’s video conference request. The Court said, “defendant provides no specific reasons to find that further delay would cause serious harm to the interest of justice,” therefore the application is denied.

The DOJ letter to the court revealed that in July 2019 Armenta was remanded back into custody. The DOJ alleges Armenta violated his cooperation agreement. In December 2019 the DOJ informed Armenta they would not be providing him with a Section 5K1.1 letter. A Section 5K1.1 letter states to the court that because the defendant has provided substantial assistance in the investigation or prosecution of another person who has committed an offense, the court may depart from (sentencing) guidelines. Because of his own actions Armenta’s cooperation with US authorities, as far as his own self-interests went, was for naught.

So what did Gilbert Armenta do that violated his cooperation agreement with the Feds? Because of the bail conditions imposed on Mr. Armenta when he was released from the MCC, he can “have no involvement in running or managing any business entity, or involvement in any financial transaction associated with any business entity.” Well, it seems that Gilbert in July 2019 founded “ESOL B.V LLC” company in Florida with his long-time partner Giselle Valentin. He owned a company in Netherlands with the same name (drimble.nl/bedrijf/amstelveen/32973667/esol-bv.html) that in late 2015 he used to acquire Georgian JSC Capital bank for Ruja. But due to the large extent OneCoin related criminality, it is likely this is why the bank lost its license and went bust.

So he started a new business which his co-operation agreement barred him from participating in or have any involvement with in violation of his agreement. Just like Mark Scott, these people don’t believe the law applies to them. Guess he liked being in jail and is looking forward to a long, long, long prison sentence.
And just think: He was one of the brilliant masterminds with the genius Ruja Ignatova running OneCoin, but it wasn’t a Ponzi (cough, cough). And people bought the lie they were all brilliant and geniuses running OC. Instead it was just your typical criminal mind at work.

Armenta is currently scheduled for in-person sentencing on October 21st, 2020.

Upcoming court dates:

Sebastian Greenwood pretrial: August 7 at 9:00 a.m
David Pike guilty plea hearing: October 8 at 11 AM
Mark Scott sentencing: October 9 at 11 AM
Gilbert Armenta sentencing: October 21 at 10 AM
Konstantin Ignatov sentencing control: November 11 at 3:30 PM

This Friday is going to be a very interesting court hearing. Will be interesting to see how it turns out.

They're back. Listen to Episode 9 - Follow the Money from Jamie Bartlett and Georgia Catt: BBC Sounds - The Missing Cryptoqueen, Episode 9: Follow the money This is a good recap of some history of OC to catch everyone up since it has been so long since the last original series aired. More episodes coming in the following weeks, and I expect them to get into more of what has transpired since the last broadcast of almost a year ago. Some great opening teases, but listen for yourself.

The only thing I disagreed with was criminal psychologist Dr. Julia Shaw when she said she didn't think Ruja was bad, but just things got out of her control. I think she is totally bad, and a cold calculating well it rhymes with witch. This is a family forum after all. She knew exactly what she was doing and I agree it did grow beyond her wildest imagination, but she was out to steal as much money as she could and did.

The pre-trial hearing of Sebastian Greenwood was held yesterday and no legal surprises from the hearing. Due to the fact that Sebastian's current attorney had not had that much time to prepare, and limited access to his client, they agreed to adjourn until October 5.

One surprising statement that did come out of the hearing was Sebastian's attorney claiming it was a $15 Billion Dollar Ponzi, not the $4.6 Billion Dollar Ponzi the US authorities had said was the amount. Personally I have always thought the total amount stolen was in the $14 Billion to $18 Billion Dollar range, not the $4.6 Billion cited by the US authorities. Heck I think the Chinese had over $4 Billion Dollars in OC. It will be interesting to see if the US authorities change their number as to the size of OC's total take.

Today is supposed to be the day of David Pike's guilty plea hearing. Not sure if the date was right or not, but we will soon know. If not today, then possibly on Monday. That should also be an eye-opener of a hearing. Stay tuned, as this is just starting to get interesting. Toss in new episodes of The Missing Crypto-Queen and it will make for an exciting August.

Actually David Pike's guilty plea hearing has now been set for October 8, not August 8 as I had mentioned above.

October is going to be a busy and eventful time for all the OC perps. Here is the scheduled court dates for them all:

Sebastian Greenwood pre-trial #2: October 5, 2020, at 11am
David Pike guilty plea hearing: October 8, 2020, at 11am
Mark Scott sentencing: October 9, 2020, at 11am
Gilbert Armenta sentencing: October 21, 2020, at 10am
Konstantin Ignatov sentencing control: November 11, 2020, at 3:30pm

Much can happen between now and then to change these court dates, but for now this is the schedule.

Now the question is who is next? There are still sealed documents and we believe it includes indictments of other OC major players.

In the meantime King Jayms continues his charade that OC is real and is going to survive and become the largest crypto-currency in the world. They keep talking about how great the DealShaker platform is, and yet behindMLM has more visitors to its website than DealShaker, and there are supposed to be 3.5 million OC members. They can't even get more than 25,000 visits per month to the website and this is the premier merchant platform in the world? Seriously King Jayms?
What a fool and joke you are.

Well it didn't take long to have the first delay in a sentencing date. Mark Scott's sentencing has now been set for December17 @ 10am. The government's forfeiture brief is due Aug 31, Scott's response is due Sep 21, and the government's reply is due Oct 5. Scott's sentencing submission is due Nov 25 and the government's sentencing submission is due Dec 2.

Now it remains to be seen if any of the other scheduled hearing and sentencing dates will also be delayed.

OC had a big event held in Bucharest, Romania and the featured speaker was Veska Ignatova (Ruja and Konstantin's mother) who has now taken over the reins of OC. The video of the event was posted on FB but was taken down after just a short time. Fortunately there was a transcript made before the video was taken down. Here's the transcript of Veska's speech, and I quote:

"My One Life Family,

We, at Corporate, sincerely thank every IMA who has believed and trusted in us while also deciding to grow with us. We want to thank every person who has ever joined the organization, at one point in time or another.

As an organisation, we would not be what we are today without you. We are even grateful for the greater learning and knowledge gained through the mistakes we have made. We therefore aim to become a more dynamic entity.

We strive overall to be greater, bigger and better, now more than ever before in the history of our existence.

We apologise for any misunderstandings and for the lies which may have been spread by former IMA’s or staff members who were blinded by greed and so sought their own ulterior motives.

Nevertheless, we believe that we have rectified every single possible issue that could happen. Notwithstanding the fact that we may face new challenges which may even be bigger, that will not deter us, as we are a sound company backed by the correct staff and perfect leadership.

We believe we are unstoppable, mega-giants in the world of e-learning, network marketing, e-commerce, and cryptocurrency: the first company of its kind with such dynamics.

At this juncture, OneLife family members, we want to share with you some of our plans. We have plans for our generations, however, we urge you to trust the process as you continually see examples of the growth and development of our organization.

I will discuss at this time, what we would like to accomplish within the next 24 months. I do not want to place any specific deadlines, even so, there are some plans still to be accomplished this year, however, the following are on our agenda for that overall period of the next 24 months.

1. The New DealShaker platform

2. Accreditation of the OneAcademy courses

3. Full Functionality of One Forex

4. New OneAcademy Training packages

5. Friendly Mobile App that will function without internet

6. KYC Face Recognition System

7. Four Major Cooperate Events (March 2021- Dubai & October 2021- Venue TBA and two more in 2022)

8. One million merchants and ten million IMAs

I remind you that a few targets have been set before however, with the leadership and marketing plan we have today, we strongly believe that our goals will be entirely accomplished within the stipulated time frame.

Not forgetting that as the Regulatory Framework for the world of Cryptocurrency continue to be shaped, please be reminded that we are designed for integration and regulation.

To reach full peak potential, and to accomplish all our dreams and desires relating to our One Ecosystem, it will truly require the effort of linking hand in hand with our current family to get new IMAs involved as we expand our family, and for this we must all work and function Together 4 More.

And I know many are wondering let me say this, for my children that I love I continue working daily with them at the center of my Heart.

THE LAST NOTE I SAY TO YOU RIGHT NOW IS THAT OUR GOALS AND VISION HAVE NOT CHANGED. WE WILL SEE EVERY PART OF THE ECO SYSTEM FULFILLED.

ONE IS AND WILL CONTINUE TO BE:

#1 USEABLE CRYPTOCURENCY IN THE WORLD

#1 RESERVED CRYPTOCURENCY IN THE WORLD

#1 BORDERLESS CR"

It is going to be interesting to see how the faithful respond to her lackluster presentation and what she had to say. There is still a OC testimonial TV show that is to air at the end of this month or sometime in September, just don't remember which, that is going to tell the "real" OC story and debunk all the lies that have been told about OC and how the "greedy" (read major promoters are at fault not Ruja, Konstantin, et al) tried to destroy OC, but OC will rise like the Phoenix from the ashes and succeed!! cough, cough

You can't make this stuff up folks.

Not sure if this has been posted before, but is a great chronological expose' about Dr Ruja and onecoin.

Originally Posted by laidback

Not sure if this has been posted before, but is a great chronological expose' about Dr Ruja and onecoin.

Thanks for sharing this especially since King Jayms and his fellow criminals are trying to salvage OC but failing miserable. It is a fresh reminder to all who have forgotten just how insidious OC truly was and remains to be to this day.

I have a feeling that the unsealed documents will soon be released and others will be reached out and touched by US Law Enforcement for their crimes in OC. Now what would be really fitting is if Veska Ignatova was one of them. It would put their entire crime family behind bars where they belong.

I thought this was posted before, but whether it was or not, it is important to do so now. Thanks for posting it.

The ole Cackle-bladder would have needless speculation, so Ruja of her to leave followers in suspense.

OneCoin Took In Billions. Then Its Leader Vanished. - WSJ

Well, OneLife/OneCoin finally coughed up some dollars and had a new IT Team develop the new One Coin/Onelife Systems, The Dashboard, and new client portal. Here's the video of the new IT Team explaining all that they have done: OneCoin Crypto Currency, The IT TEAM The Legend Of One 2020 ! - YouTube

I didn't know whether to laugh or cry when they announced that OneCoin/OneLife was one of the greatest clients their company had ever had. Guess that means the check cleared and they closed their eyes to who they were really dealing with and buried their heads in the sand all at the same time. They had to be really desperate for the money to work with them. But then this is Bulgaria and they turn a blind eye to corruption and illegal companies.

As for the website design, it is average and not that spectacular, but when you compare it to what they had, it looks impressive to the gullible and blind thinking OC is real and they will become rich. What is funny is that many are saying that since they are migrating to the new platform, they can't access their accounts. Hmm, the same thing members complained about under the old system. Guess they still haven't worked all the bugs out yet. They have also given their members a short amount of time to make the migration, and that is not sitting too well with them since many can't access their accounts. But then that means you have to hire support people to handle all the complaints and get the issues fixed. Something that Veska has not seemed too keen on doing. She was OK with having a flashy website developed, but not willing to spend money on a support staff.

Recruiting has been hurting due to COVID19, and their expo's are not doing that well either. They have found out it is harder to con people via Zoom meetings than in face-to-face meetings. They are not getting that many new merchants to join and have lost a lot of their initial merchants due to poor performance of dealshaker. Think about this, they can't get more people to sign-in to dealshaker than behindmlm's website gets visitors to the blog daily; and they claim to have over 3.5 million members. But dealshaker is touted as revolutionary and the best ecosystem for merchants going. Silly Amazon and Alibaba just think they are the best and the largest.

I do feel a little sorry for the IT Team buying OneLife/OneCoin's lies to get them to develop their systems for them, but they should have done real due diligence on them before agreeing to be their IT Team. I don't think they have any idea of what kind of trouble they could be in if the authorities wanted to go after them for perpetuating an illegal company and defrauding people worldwide. And the saga continues.

Looking forward to the next episode of the Missing Crypto Queen part 2.

The latest on the trials and hearings in the OneCoin cases:

Gilbert Armenta sentencing: Oct 21, 2020, 10am
Konstantin Ignatov sentencing control: Nov 11, 2020, 3:30pm
David Pike guilty plea hearing: Dec 11, 2020, 11am
Mark Scott sentencing: Dec 17, 2020, 10am
Sebastian Greenwood pre-trial #2: Dec 18, 2020, 10:30am

Well some great news regarding OneCoin that will spell the end of the charade of OneLife and DealShaker being legal. Here's the story:

Kate Winslet to Star in, Produce 'Fake!' Movie on OneCoin Ponzi Scheme The link was sent to all the current major pimps (King Jayms and his so-called Captain and Co-Captains) of OneLife/DealShaker. Still issues with the back office and DealShaker platforms (so much for their touted new IT partners capabilities), that were promised would be fixed 2 months ago and still don't work right. What is really funny is that these are the same issues the old system had, but to hear King Jayms and the co-captains tell it this new IT firm are the best, cough, cough.

Gilbert Armenta's sentencing hearing moved to January 29, 2021. Now it remains to be seen if the other hearings will also receive a delay to a future date.

And the idiocy of the OC saga continues. After totally disappearing for more than a year, Ken Labine is back and even nuttier than he was before. He released a new YouTube video where he claims that Konstantin did not plead guilty to count 3 of his indictment therefore OC is legal. Count 3 Money Laundering is about “earning money through illegal activities." No I am not kidding. You can watch his video here if you can stand to listen to him extoll about things he has no knowledge of what he is saying; that is if you can stand to listen to him for his entire video: Hi to the ones who missed me :) Hi to the ones who hate on me! - YouTube

Here's what Ken has conveniently omitted in his video: (1) He simply ignores the fact that Mark Scott was found guilty of money laundering; (2) By saying that Konstantin didn’t plead guilty to money laundering, he’s too thick to understand the plea agreement letter. As it clearly states (this document by definition must be very clear), Konstantin pled guilty to all FOUR charges;

That’s also why he is facing a maximum sentence of 90 years, which the letter breaks down: 1. Conspiracy to commit wire fraud: 20 years; 2. Wire fraud: 20 years; 3. Conspiracy to commit money laundering: 20 years; 4. Conspiracy to commit bank fraud: 30 years.

But then Ken was never known for telling the truth. Sadly too many of his followers believe his nonsense as the truth. The truly sad part is Ken really thinks his "analysis" is brilliant and OC is legal. He just can't admit that he was wrong about OC. Guess he thinks he can fool the authorities should they come a'knockin on his door for restitution for his role in pimping OC that OC is real.

The sentencing date for Konstantin Igantov has been rescheduled for May 2021. I think this is in part to Sebastian Greenwood's trial. Stay tuned as other dates are also expected to be moved to 2021.

Originally Posted by EagleOne

The sentencing date for Konstantin Igantov has been rescheduled for May 2021. I think this is in part to Sebastian Greenwood's trial. Stay tuned as other dates are also expected to be moved to 2021.

The saying previously was: "Wheels of justice gind slow but grind fine", but with the proliferation of unpunished cybercrime should be modified to ,"The wheels of Justice grind exceedingly slow, but none too fine"!