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Saturday, 22 October 2016

OneCoin - An old webinar introducing OneCoin to Conligus members

I checked out a video from April 2015. It's a webinar with Juha Parhiala introducing OneCoin to some Conligus members that were integrated into OneCoin. So there's nothing much news in here, but maybe we learn something about Parhiala's character.

A woman asks Parhiala how is it going with OneCoin. He answers: "I have 200.000 people in my downline." ... "I know a lot about cryptocurrency, because I was into Bitcoin... I bought Bitcoins back in 2009... I know how it works."
- Well, you can call me a skeptic but I have serious doubts that Parhiala bought Bitcoins in 2009 when cryptocurrency was just taking its first steps.

There are several videos where Parhiala explains about how he became part of OneCoin and admits that he knew nothing about cryptocurrency:
"Mr. Sebastian called me one day and said Juha, are you interested and open to looking after a new thing - It's called cryptocurrency... Never heard about that!"
Here you can hear it yourself.

"We're going to have 250k - 500k members when we enter markets. When Bitcoin went public it had no members at all. There are multi millionaires all over the world investing in cryptocurrency..."
- Bitcoin must have had members as soon as the first transaction was made. Otherwise there couldn't have been any transactions at all. This is of course unthinkable for onecoiners because they believe that first there must be millions of members, then 1 million merchants and only after that transactions made possible maybe in 2018.

In the middle part of the video Parhiala appears to be even somewhat pissed of about the questions and urges the participants to study in OneCoin's back office instead of asking him questions. The woman replies that she has been studying already but is interested in how to sell this thing to prospects.

At the end of the video a man asks why the fusion between OneCoin and Conligus has happened. Parhiala replies briefly: "Because OneCoin bought Conligus." Then the man wants to know whether the stuff promoted in Conligus will ever happen, a penny auction and whatnot. Parhiala answers: "What Conligus had promised will be delivered."
- Well we know how solid that promise turned out to be.

Below is the webinar video. It's mainly in Finnish but there's also a Russian translator speaking. Parhiala speaks English only occasionally in the video.



Friday, 21 October 2016

Zinzino - Äiti yrittää Zinzinoa

Päätin nyt kommentoida tänne Heidi Ekholm-Talasin blogikirjoituksia, koska jostain syystä hänellä näyttää olevan kovasti vaikeuksia ottaa kritiikkiä vastaan. Minulla on myös syytä olettaa, että kyseisen blogin kommenttikenttään on turha kommenttia kirjoittaa, jos ei se ole linjassa blogin kirjoittajan omien mielipiteiden kanssa.

Viimeisin "Äiti yrittää" -blogipostaus on otsikoitu:


"AIHEUTTAAKO TOISEN MENESTYS KATEUTTA VAI INSPIRAATIOTA?"

Tämän jälkeen Ekholm-Talas (tästä lähtien E.T.) purkaa tuntojaan seuraavasti:
"Postasin Instagramiin pari päivää sitten kuvia, kun olimme testaamassa Teslaa mieheni kanssa. Sain yhden kommentin, joka sai minut kirjoittamaan tämän blogin."

Tässä sitten sen kateellisen pirulaisen kommentti, joka kirvoitti avautumaan blogipostauksella:



Tekstistä päätellen kommentoija on koditon ja ilmeisen vähävarainen. Itse en nyt oikein kateutta tekstistä havaitse vaan kyseisen kodittoman arvostelevan mielipiteen nykytilasta, jossa kaikilla ei ole varaa edes ruokaan tai kotiin.

E.T. kuitenkin jää pohtimaan tätä kateellisena pitämäänsä kommenttia:
"Rupesin pohtimaan miksi osa ihmisistä kadehtii ja kokee että kaikilla pitäisi olla yhtä huonosti asiat. Ainakaan menestystä ei saisi näyttää."

Missä kohtaa kommentissaan koditon ilmaisee, että toivoisi E.T:n asioiden olevan yhtä huonosti kuin hänellä? 
Jostain syystä verkostopiireissä on hyvin yleinen harhaluulo, että toiminnan ulkopuolella olevat ja etenkin heidän yritystoimintaansa kritisoivat ovat kriittisiä silkasta pahantahtoisesta kateellisuudestaan. Tässä on yhtä paljon logiikkaa kuin olisi väittää rokotevastaisuuden vastustajien haluavan kaikkien saavan vakavia sairauksia rokotteista.

Suoramyynnillä taloudellista vapautta?


Ei mene blogikirjoituksessa pitkään, kunnes E.T. alkaa saarnaamaan suoramyynnin evankeliumia. Hänen mukaansa: "Suoramyyntiliiketoiminta mahdollistaa riskittömän yrittäjyyden ja tien menestykseen jos on riittävä nälkä ja halu kehittyä ihmisenä. Tunnen useita, jotka 5 vuotta sitten olivat täysin rahattomia, ulosotot niskassaan, eikä heillä ollut rahaa kunnolla ruokaan."

Tässä kohtaa selvennettäköön asiaa tuntemattomille ja kateellisille kodittomille, että E.T. on mukana Zinzinon toiminnassa niin sanottuna itsenäisenä partnerina. Ilmeisesti E.T. on Zinzinon hierarkiassa titteliltään vähintäänkin Director, koska on tiettävästi saanut palkinnoksi Zinzinolta lipun seuraavalle Director Tripille Karibialle 2017.



E.T. jatkaa, "Nyt viiden vuoden jälkeen he elävät taloudellisessa vapaudessa auttaen muita pääsemään samaan. Asenne ratkaisee."

Kuulostaa ihanan jalomieliseltä. Tässä kohtaa on kuitenkin hyvä muistaa, että 
Zinzinon itsensä kertomien lukemien perusteella vuosien 2013-2014 aikana liittyi yli 3.000 uutta partneria. Kuitenkin 2015 aktiivisia partnereita on ollut vain noin 1.000, joista valtaosa lienee ollut toiminnassa mukana jo ennen vuotta 2013. Sanoisin, että kovin ovat huonoja nämä "taloudellisessa vapaudessa elävät" auttamaan muita pääsemään samaan.

Esimerkiksi R-kioskilla on Suomessa noin 600 myymälää ja arvatenkin kauppiasvetoisena ketjuna saman verran kauppiaita. Jos kahden vuoden aikana 450 kauppiasta joutuisi lopettamaan toiminnan kannattamattomana, puhuttaisiin yrityksen täydellisestä epäonnistumisesta sekä totaalisen ylimitoitetusta kauppiasmäärästä. Zinzinon Director sen sijaan saattaisi mieluummin käyttää ilmaisua: "Asenne ei riittänyt."



"... murto-osa nousee todelliseen vaurauteen."


Positiivista E.T. blogipostauksessa on kuitenkin tämä Zinzino-partneriksi hätkähdyttävän negatiivinen kommentti: "On normaalia, että kaikki eivät menesty taloudellisesti suoramyynnin parissa. Itseasiassa murto-osa nousee todelliseen vaurauteen." Tämä virkehän sisältää pelkästään faktaa ja vastaa todellisuutta.

Suunnanmuutos on totaalinen, sillä vielä 17. helmikuuta ääni kellossa oli jokseenkin toinen: "Tunnen kymmeniä suomalaisia Zinzino kollegoita, jotka tienaavat enemmän, kuin moni ison firman johtaja. Halusin nähdä tiliotteet, ennen kuin uskoin ja lähdin itse mukaan liiketoimintaan. Tunnen satoja, jotka laskuttavat mukavasti 1000-4000€/kk ja suurin osa tekee nuo tulot sivutoimisena. Itse olen tehnyt tuottavaa liiketoimintaa ensimmäisestä kuukaudesta lähtien."

Näillä E.T:n mainitsemilla lukemilla voisi laskemalla olettaa, että nämä sadat hänen tuntemansa Zinzino partnerit keräävät valtaosan Zinzinon Suomeen maksamista palkkioista. Muut jäävät käytännössä nuolemaan näppejään.

Blogitekstin lopusta bongasin nyt tämän tekstin:
"p.s. En julkaise herjaavia ja negatiivisia kommentteja. Joten turha käyttää aikaa kommentointiin, jos tarkoitusperäsi ovat ilkeät :)"

Ei siis ihme, että eräs taannoinen kommenttini on jäänyt julkaisematta. En tiedä jäikö minulta E.T:n kommenttirajoitus tuolloin huomaamatta vai onko teksti lisätty vasta kommentointiyritykseni jälkeen. Joka tapauksessa tässä alla herjaava ja negatiivinen kommenttini, jonka olin kaiken varalta tallettanut olettaen sen toki olevankin liian negatiivinen ja herjaava:

"Tunnen satoja, jotka laskuttavat mukavasti 1000-4000€/kk ja suurin osa tekee nuo tulot sivutoimisena." 

Tiettävästi Suomessa on noin 1000 aktiivista Zinzino-partneria. Zinzinon 2015 vuoden tilinpäätöstä apuna käyttäen voidaan laskea helposti keskimääräinen provisio yhtä partneria kohti (nykyisellä SEK-euron kurssimuunnoksella laskettuna). Laskukone on armoton ja kertoo, että yksi partneri on saanut keskimäärin 3198 euroa provisiota vuodessa. Sen kun jakaa 12:lle, niin kuukautta kohti yksi partneri on saanut provisiota 266 euroa. Sitten kun vielä huomioidaan, että tässä oli noteerattu vain ne niin sanotut aktiiviset partnerit, niin todellinen vuosiansio jää paljon pienemmäksi. Tuosta saadusta provisiosta kun vähentää vielä kulut sekä huomioi kaiken ajan zinzino-touhuun menneen ajan, niin paljoa ei käteen jää jos mitään.
 

Kaikki tämä saattaa jokseenkin omituiseen valoon tuon väittämäsi, kuinka tunnet satoja partnereita, jotka laskuttavat tuhansia euroja joka kuukausi - ja vielä sivutoimisena vasemmalla kädellä Zinzinoa tehden. Enkä sano, etteikö väittämäsi olisi totta! Mutta käytännössä se tarkoittaa, että on varmasti satoja raskaasti persnettoa tekeviä partnereita, joiden kustannuksella näiden tuntemiesi partnereiden tilit lihovat.
 

Päädyin tähän blogikirjoitukseesi viimeisimmästäsi "JOS JOKU LUPAA SINULLE HELPPOA RAHAA VERKOSTOMARKKINOINNISSA ÄLÄ USKO", joka toki oli sikäli positiivinen antaessaan edes hieman realistisemman kuvan Zinzinon tarjoamasta mahdollisuudesta saada tuloja. Ikävä kyllä syyllistyt kuitenkin itse juuri samaan lupauksilla yliampumiseen, jota kyseisessä blogikirjoituksessa tuomitset.
Olin vieläpä jalomielisesti laskenut provisiot huomioiden vain ne 1.000 aktiivista partneria, kun todellisuudessa kakkua on ollut jakamassa kenties jopa kaksinkertainen määrä partnereita.


Imagon rakennusta likaiselta pöydältä


Zinzinon ryvettynyt maine perustuu juuri vuosia jatkuneeseen päättömään rekryämiseen ja partnereiden antamiin vilpillisiin lupauksiin mahdollisista ansioista. Hyvää on, että viime aikoina ainakin ulospäin suunnattua kommunikointia on selkeästi pyritty zinzinolaisten toimesta korjaamaan vastaamaan paremmin todellisuutta. 

Silti Zinzinon toimintaa ovat tänä vuonna kritisoineet jopa sen omat partnerit, joten suljettujen ovien takana elämä ei ehkä ole niin auvoisaa kuin julkisuuteen annetaan ymmärtää:

Olli Posti:

Sekä Susanna Tanni.

LongPlayn 22.11.2015 julkaistu artikkeli raottaa ovea Zinzinon koulutustilaisuuksiin. Sivulla on luettavissa myös pitkähkö tiiseri antamassa esimakua sisällöstä.


LongPlayn artikkeli ei anna mairittelevaa kuvaa Zinzino-partnereiden toimintatavoista. 

Tapaus Pelicans Zinzino-sponsorisopimuksellaan osoitti, että yrityksen huono maine ei rajoitu vain eräälle tietylle kateellisten keskustelupalstalle. On täysin poikkeuksellista, että urheiluseuran fanit Suomessa reagoivat suhteellisen mitättömään sponsorisopimukseen yhtä radikaalein ja jopa vihamielisin kannanotoin.

Thursday, 20 October 2016

OneCoin lost its Hong Kong bank account + Late evening update


I just logged into the OneCoin's back office and noticed that the company had removed the bank account details of the Hong Kong bank. I was pretty much expecting this to happen after contacting the bank and the Hong Kong Police during the last couple of weeks. Both the bank and the police took the case very seriously although I'm not even a Hong Kong citizen.

At first I contacted the bank to inform about money laundering going on in a bank account of its client. The bank responded swiftly and suggested that I'd better contact the Hong Kong police. I took the advise and forwarded the information to the police. 

A week went past and this Monday I was asked by the police to provide more information and asked if I were a victim of this crime. Well, I'm not a victim but I provided an info pack about the case and also informed about the ongoing police investigations in Sweden and in the U.K.

I guess they saw the suspicious deposits coming in and confirmed that money laundering in fact was going on. Then it was time - yet again - to freeze a bank account.

Of course I don't know if I played a part in getting police involved. There might be others who contacted the bank and the police just as I did. Anyway it was nice to notice that even a single report to a police can matter when dealing with international ponzis.


These are the bank accounts OneCoin still has:




The United Overseas Bank and the Bank of Africa still remain. - But how long?

I have also contacted those banks way back but received no response whatsoever. I also tried to report to Tanzanian police but the English version of the web site didn't even work properly which was a bit discouraging. Well, maybe I'll try again with Google Translate's help.


Update:


20th October, after 10 pm (Finnish time)


Logging into user account revealed this announcement. So there are "techical difficulties in banking processes" and "some transactions may be delayed". Oh my, might it be because the Hong Kong bank account was frozen?



Tuesday, 18 October 2016

OneCoin - M.A.B. turns out to be just a mobile game (updated)



It has been suspected that there's actually no way to make transactions via OneCoin's new mobile app "M.A.B." which was launched in the Bangkok event. Inability to make transactions would make the whole app totally pointless. The fact that OneCoin urges its members to purchase the app for a hefty prize of 1.000 euros per piece, or a discount prize of 5.500 euros for seven apps, makes the situation even crazier. Why would any business owner waste time to the application as the potential customers could not even use their coins? Furthermore why would onecoiners fulfill Ruja Ignatova's wishes and spend about one billion euros to attract million business owners to use this useless app?

Hammering the last nail to the coffin


Someone asked OneCoin's customer service if it was already possible to use the coins for payments via M.A.B. According to the response it's not possible until OneCoin goes public. This must refer to Ruja Ignatova stating in Bangkok event that OneCoin will go public in the second quarter of 2018.


Question from a member:
i.imgur.com/ErJ8rk2.jpg
Answer from the customer service:
i.imgur.com/j4LgGVp.jpg

The useless M.A.B. makes me wonder why it was presented in the first place. I can't think of any other reason than someone in the company's leadership assuming that this would be the next big hit among onecoiners. However the reaction to the app seems to be very lame. Maybe OneCoin should market the app as a mobile game as it would be a more appropriate description of it.


Update 19 October:

OneCoin reps lying about the merchants


Despite the fact that onecoins can't be used anywhere, after the Bangkok event OneCoin reps have been spreading lies about onecoin being accepted for payments. Here's a screenshot from Kari Wahlroos's Facebook page posted 9th October:


He's the "Ambassador" of OneCoin and claims deceitfully that there are already 1.000 shops where anyone can make purchases using onecoins. Do the owners of those 1.000 shops know that they have to wait for two years for their customers to be able to pay? 

In the video below Juha Parhiala is selling the app to a victim, apparently a bar owner. Parhiala doesn't mention at all that no merchant will be able to actually accept the coins for payments. On the contrary he claims that after the business owner has the application it would attract onecoiners to the bar in question - because "There's a bar here who accept onecoin." 


Of course the true believers of OneCoin will not abandon the company, not even if the company's name were changed to Ponzi. However the useless M.A.B. sold with deceitful information and the members having difficulties in selling their (now doubled) coins should at least open some eyes. Maybe the tombstone I made in March won't be wasted after all:


Sunday, 16 October 2016

OneCoin - A restaurant accepts onecoins for payments!


Yes, it's true. A buffet restaurant, Spicy Village, from U.K. is willing to accept onecoins for payments. However the restaurant has set the value of a coin to a rather different amount than onecoiners visiting there would expect. According to Spicy Village the value of a single coin is 0,01 pounds.

A member from Murobbs discussion board "c-mo" approached the restaurant via email to find out if the place would actually accept onecoins as rumored. Here's the answer from Spicy Village:



This means that a buffet meal worth 13.99 £ costs 1.399 onecoins - or in case using the value set by Dr. Almighty Ruja and her dictatorship the same meal costs 9.724 euros. 

So which one is the true value of the coins? Since the value set by Ruja Ignatova is not market tested we must trust the figures set by merchants. Therefore the true value must be no more than 0,01 euros per coin.

However as far as I know there still isn't a way to transfer onecoins between customers and merchants so it's hard to say how a transaction would be executed. Thus a purchase with onecoins still seems to be impossible.

Anyway a buffet meal for 100 worthless coins is at least something. Isn't it?

Onecoins accepted here!

Update:

Further questioning reveals that the transaction procedure isn't clear even to the customer service:


This doesn't look promising for onecoin as the future of payments. 

OneCoin's inner exchange should be back online in Monday after two weeks maintenance break. As herds of onecoiners rush to desperately trying to sell their coins, I don't think that it will be a happy Monday for them.

Sunday, 9 October 2016

OneCoin - "The whole attack comes from Bitcoin"

The response from OneCoin's marketing director


Bulgarian newspaper Банкеръ / Banker published an article about OneCoin last Friday 7 October. The article goes through the latest warnings given by authorities and the earlier scams where Ruja Ignatova and Sebastian Greenwood were involved.

Nothing new there, but the fun part starts when the journalist behind the article managed to contact a representative of One Network Services and to get her to comment on accusations made about OneCoin. The marketing director of the company Жаклин Гочева, "Jacqueline Gocheva" as translated by Google Translate, was apparently asked about the bad press and pyramid claims. Her response was:

"The whole attack comes from Bitcoin. They are the creators of the first cryptocurrency and any others that jeopardizing, preventing them. So with paid placement, paid bloggers and journalists they fight with others - newer and more developed cryptocurrency such as our - OneCoin, which is much more complex. 

While Bitcoin able to "dig" only professionals and requires a lot of technique and energy to be extracted, OneCoin is easier digging for three important reasons . First, we have OneAcademy, a set of preliminary financial training. Without these prior knowledge no one can "dig" at us. After training receive promotional "tokens", with which you go and start digging coins. For us it is interesting and actually easier for themselves diggers. 

The other important is that we have KYC policy, which is an abbreviation for 'know your customer'. our customers not anonymous, we have his personal data, while hostilities our competitors everything is anonymous. With Bitcoin can buy prostitution, drugs, weapons and whatever you remember more because it's anonymous currency. They have huge problems which we manage our transparent system to avoid. Furthermore, with us it is clear who is behind this currency as a company and even as an individual. Naturally, there is a person there and whom to swear."


Well, that was a lot of baloney. First of all the main reason for OneCoin to have such bad reputation, bad press, ponzi claims, pyramid claims, bank accounts frozen, authorities giving warnings is that it simply is a ponzi-pyramid. Gocheva accusing Bitcoin for attacking OneCoin and even paying for attacks to happen is totally insane. - By the way, I'm not paid by Bitcoin, I don't own any Bitcoins and neither do I ever have owned them. I just don't like scams and scammers.

Then she mentions OneAcademy referring to the OneCoin's education packages and how every member is like obligated to study before being able to mine. This is pure nonsense as well. I'm pretty sure that almost 100 percent of the members don't even bother to glance at the education package they've bought. And why should they? There isn't much to study about cryptocurrencies - let alone OneCoin.

And the last thing she blabbers about is the KYC policy and how OneCoin's customers are not anonymous. We get the usual waffle about how Bitcoins can be used to illegal activities. For an obvious reason she doesn't care to mention that onecoins have no usability at all. Hence there is no point whatsoever for criminals or terrorists to put any effort on obtaining onecoins, because the coins have no real value and even no e-wallet to use for coin transfers.


Calling to the CEO




The journalist from the Banker managed to reach even the CEO of the company herself, Ruja Ignatova. Apparently she wasn't pleased about being approached by surprise. God forbid someone could ask her awkward questions about cryptocurrency. - Questions that could reveal her lack of knowledge about cryptocurrency.

Mrs Ignatova, hello! Calling you Chavdar Tsolov, financial editor of. "Banker" ... 
- Who gave you my phone, Mr. Tsolov?
So I'm a journalist, so I can get what I need.
- That does not answer my question. Who gave you my phone?
I invite you kindly tell me about the pattern of OneCoin.
- Well certainly, but we have our legal department. So I will give your phone a marketing department and surely someone can contact you.
Okay, but there is sentiment against you in Bulgaria, without knowing what it is.
- Yes, that's possible, but I don't do business in Bulgaria. The setting in the country do not quite so important. My markets are in Asia.
Yet explain what model is OneCoin.
- I told you, I will contact you.
Comment, please, at least warning of the London Financial Supervisory Commission to investors associated with your company.There in the regulator does not understand what it is you ...?
- You see very clearly what was written, but we are not the first company with a similar warning. British regulator says that we are not regulated, but we do not need a license to be regulated. They have not dealt with our business are not in contact with us at all. They say it can be dangerous. I absolutely agree with them cryptocurrency is now one of the riskiest products that are on the market. This is quite normal. But they say that license I do not have, and I'm not supervised by them, nothing written inside.
OK, but warning the public about a company that is dangerous not infringe competition law?
- This is a fact. Our lawyers have contacted them, wrote them letters, but you know how it is.
Thanks!

Here's a link to the original article by the Banker:
www.banker.bg/finansov-dnevnik/read/opasni-strasti-s-onecoin

Friday, 7 October 2016

OneCoin's frozen bank accounts listed

(Updated 19th January 2017: added a new bank account to the list and edited the text to suit the current situation)

After OneCoin's problems with bank accounts started in late 2015 it has had at least 17 bank accounts frozen. I checked the company's newsletters and other sources to gather information about all the bank accounts they have lost.

Here they are:


2017



  • January, Banco Sabadell, Spain (the shell company for the account: One Payment for all S.L). The account was frozen very soon after a report about money laundering was filed to the bank. 
  • January, Abu Dhabi Commercial Bank (the shell company for the account: SAFA Trading Ltd., P.O. Box 122036, Dubai, U.A.E). The account was frozen very soon after a report about money laundering was filed to the bank.


2016


  • November, Bank of Africa, Tanzania. The shell company for the account: IMS Marketing Tanzania Limited. 
  • November, United Overseas Bank, Singapore. The shell company for the account: Vernada Trading Pte. Ltd. 
  • November, Hellenic Bank Public Company Ltd, Cyprus. The shell company for the account: Eastern Project Investments Limited. (The bank account was frozen in about two banking days) 
  • November, United Overseas Bank, Singapore. The shell company for the account: International Marketing Services Pte. Ltd. 
  • October, China Construction Bank, Hong Kong. The shell company for the account: Foshan Everbright Import & Export Company Limited. (This bank account was available only about two weeks - thanks to swift police work and the bank co-operating) 
  • September, Banka Monte Dei Paschi Di Siena, Italy. The shell company for the account: Educamax Services SRL. (This bank account was available barely 24 hours).
  • August, Deutsche Bank, Germany. IMS International Marketing Services GmbH. 
  • June, Commerzbank, Germany. IMS International Marketing Services GmbH. 
  • April, Kreissparkasse Steinfurt Bank, Germany. IMS International Marketing Services GmbH.


2015


  • December, Capital Bank, Georgia. The shell company for the account: One Payments Ltd. 
  • November, DSK Bank, Bulgaria. The shell company for the account: One Network Services Ltd. 
  • November, Noor Bank, Dubai. The shell company for the account: Onecoin Limited.



I couldn't find information about when the bank accounts in the banks below were frozen. However it must have been in 2015:

  • TD Bank - (Florida, U.S.A.). The shell company for the account: ONE EUX, LLC.

  • DBS BANK Ltd (Singapore). The shell company for the account: International Marketing Services Pte. Ltd.

  • LLOYDS TSB BANK PLC (U.K.). The shell company for the account: International Marketing Strategies Limited.


Currently (at the end of 2016 when this was typed) OneCoin has no bank accounts. The last two accounts the ponzi had in Tanzania and Singapore were available surprisingly long considering OneCoin's track record. However, eventually all the bank accounts were lost after authorities and the banks were contacted by me and some other concerned anonymous people willing to put an end to this worldwide scam.

I must give credit to the banks in Hong Kong and Cyprus because of their swift action and especially to the Italian bank because they responded to my e-mails in about 24 hours.






Update after 17th March 2017:

The situation regarding the following bank accounts is unclear. I can't get to confirm whether they're still usable or not:

India:

Account holder: Premium Payment Solutions Private Limited

Name of the bank: ICICI Bank (India)

Account number: 015405500642

Information about the company:
https://business.indiafilings.com/premium-payment-solutions-private-limited


Tunisia:


Account holder: 3TS SARL
48 Avenue de la Republique
Akouda 4022
Tunisia


Name of the bank: Tunis International Bank

Wednesday, 5 October 2016

OneCoin - New Bank Details

I took a peek at the back office and a third bank account had emerged there. The company OneCoin uses for this bank account in Hong Kong is "Foshan Everbright Import & Export Company Limited" / "Foshan Everbright Import & Export CO LTD". I couldn't find any persons behind the company. There wasn't much more information available than its former name "ASIABC 016 LIMITED". As usual OneCoin uses other shady companies to launder their money and to prevent bank accounts to be frozen instantly.



Surprisingly this time the company OneCoin is using does actually have a business to run. For example:

Here is the bank and account details:

ACCOUNT HOLDER: Foshan Everbright Import & Export Company Limited
ADDRESS: FLAT/RM N 12 F CENTURY INDUSTRIAL CENTRE 33-35 AU PUI WAN STREET SHATIN, Hong Kong 
SWIFT CODE: CCBQHKAX

NAME OF BANK: China Construction Bank (Asia) Corporation Limited
BANK ADDRESS: 26/F, CCB Centre, 18 Wang Chiu Road, Kowloon Bay, Kowloon, Hong Kong
ACCOUNT NUMBER: 13836614
BANK NUMBER/CODE: 009
BRANCH NUMBER/CODE: 678

OneCoin has not yet publicly announced this information. It remains to be seen if they can hold on to this account longer than the previous one in Italy.

Update - a bit later:

I found this using the Chinese name of the company for Google search:
"Foshan Yong Zheng Da Import & Export Co., Ltd. was established in Foshan City on July 28, 2011. Mr. Cheng Yongqiang, Business Manager of Foshan Industrial and Commercial Registration Office, is located in Room 701, Building 2, Honghui Metropolitan Industrial Park, No. 65 Guiping Middle Road, Guicheng Street, Nanhai District, Foshan City."
The source


Tuesday, 4 October 2016

OneCoin - E24 article - Financial IT's deal with OneCoin ended?

E24's article

The largest online newspaper for economy and business in Norway, E24 published 3rd of October an article about OneCoin titled "Thousands of Norwegians invest in disputed cryptocurrency". You can read the whole article here (Google Translate to English - in Chrome with right click and select "translate"). The article seems to be well up to date, however it has incorrect information about OneCoin having 1.3 million members. OneCoin claims to have over 2.5 million members nowadays.

"Arrests, million seizure and investigation in several countries. OneCoin described as a pyramid in Bitcoin-disguise. - We have sent a letter with no response, says Norwegian Gaming Board."

Norwegian Gaming Board tried to approach OneCoin with a letter without success. The way N.G.B. is acting tells a lot how helpless authorities in the EU region are with OneCoin - I think the same goes almost with any other international pyramid scam there is.

"There are many asking whether OneCoin is legal or not. But since we have not created a supervision, there is nothing we can ascertain, says amble to E24."

Silje Amble from N.G.B. let's us know that they couldn't do much more than send a polite letter to OneCoin informing about the Norwegian rules. "It's not often we do it", she adds. The letter was sent in April with a request of confirmation of receiving it. There has been no response from OneCoin. Also E24 tried to contact a Norwegian representative of OneCoin without success.



Financial IT's deal with OneCoin ended?





Financial IT has deleted the issue with Ruja Ignatova on the cover from their archive:
https://financialit.net/issues
- All other issues can be found there, after all it's an archive. I suppose the deal between Financial IT and Ruja Ignatova is therefore over. Since there's no point keeping a ponzi-promoting issue in their archive anymore, it has been deleted. You know, it just isn't good for business to leave evidence about supporting international ponzi scammers. 


The extra issue OneCoin bought from Financial IT

It remains to be seen whether there is going to be a "Pablo issue" published in the future. However I seriously doubt that because OneCoin is sawing off the branch it's sitting on. And I see no more branches below it. 


Chris Principe, the publisher of Financial IT, has also been a familiar face as a guest speaker in the latest major events OneCoin has held, at least until Bangkok.

Sunday, 2 October 2016

OneCoin - Bangkok event and the new blockchain 1st October 2016


The highly anticipated Bangkok event is over so let's chew on what it had to offer. No, I wasn't there but watching a live stream for free comfortably at home (skipping the most boring parts of the event). The event lasted in its entirety well over two hours containing so much nonsense that it got boring to wait for the climax to happen. That was of course the moment when Ignatova was supposed to double everyone's possessions with her magic wand.


Update 15th February 2017:
The video that I refer in this post with time stamps was removed from YouTube. However I managed to find another channel on YouTube that contains the whole event and updated the links in the old post to match the url. Here's also the whole video: