Mark S. Scott’s $2.5 million OneCoin money laundering bond details

September 22, 2018 0

Mark S. Scott, the US-based lawyer who allegedly assisted OneCoin with laundering $400 million in stolen funds, has had his $2.5 million bond signed off on and paid.According to a September 19th filed bond agreement, Scott’s secured bond has been set at $2.5 million, $750,000 of which has been deposited as cash.
As I understand it, if Scott fails to adhere to the bond agreement, he’ll be liable for the full $2.5 million amount.
Co-signers on the bond agreement are Tony Selimi of Ohio and Edward Feenane of Florida. Their relationship to Scott is unclear.
While released under monitored home-detention, Scott

is prohibited from violating…

OneCoin scammer indicted on $400 million money laundering charge

September 14, 2018 0

After seemingly little no progress on the regulatory front for some time, a key OneCoin insider has been indicted on a money laundering charge in the US.Mark Scott was indicted by  federal grand jury on August 21st, on money laundering charges related to the OneCoin Ponzi scheme.
On the same day Scott was indicted, a warrant was also issued for his arrest. Authorities apprehended Scott on September 5th.
Scott’s indictment follows a joint FBI and DOJ investigation. According to a filed affidavit in support of his arrest, Scott has been charged with Conspiracy to commit money laundering.
Mark Scott is a licensed attorney in…

Kraken exchange refuses to list OneCoin’s OFC “Ponzi coin”

August 27, 2018 0

When OneCoin announced its OFC ICO last week, twelve public exchanges were initially featured on the ICO website.OneCoin claimed it was “contacting” the featured exchanged regarding public listing of their OFC ERC20 token.

Without explanation, OneCoin slashed the featured exchange number to just six within a few days.
Now, of the remaining six exchanges that were listed, one has publicly confirmed it has no plans to list OneCoin’s OFC “Ponzi coin”.
Since halving the listed exchanges it was supposedly contacting, OneCoin has since deleted the listing from their ICO website entirely.
You can still see the “exchanges” section of the website menu, even if now…

OneCoin reveal OFC cookie-cutter ERC20 smart contract token

August 23, 2018 0

Y’know all those OneCoin points y’all been investing in since 2014 on that non-existent blockchain?Yeah… forget about them. Over the next year OneCoin wants you to invest even more money in a to be launched OFC ERC20 token.
Earlier today OneCoin revealed it’s latest “big announcement”, regarding what many desperate investors were hoping for a OneCoin points public trading date.
That didn’t happen, with OneCoin instead announcing a new OFC ERC20 token ICO.
Without getting too technical, OFC will be a new set of points available for OneCoin affiliates to invest in.
Rather than use OneCoin’s non-existent blockchain, instead OFC will be launched on the…

OneCoin reveals OFC cookie-cutter ERC20 smart contract token

August 23, 2018 0

Y’know all those OneCoin points y’all been investing in since 2014 on that non-existent blockchain?Yeah… forget about them. Over the next year OneCoin wants you to invest even more money in a to be launched OFC ERC20 token.
Earlier today OneCoin revealed it’s latest “big announcement”, regarding what many desperate investors were hoping for a OneCoin points public trading date.
That didn’t happen, with OneCoin instead announcing a new OFC ERC20 token ICO.
Without getting too technical, OFC will be a new set of points available for OneCoin affiliates to invest in.
Rather than use OneCoin’s non-existent blockchain, instead OFC will be launched on the…

OneCoin will not go public on October 8th, delayed indefinitely into 2019

July 29, 2018 0

At a recent OneCoin event held in Argentina, Konstanin Ignatov has confirmed OneCoin will not be going public on October 8th.After playing heavily to the South American crowd and acknowledging “worried faces”, Konstantin (right) pitches attendees on the Global Leadership Group.
Following OneCoin’s ROI withdrawals collapsed in early 2017, pretty much every top investor abandoned the company as commissions dried up.
OneCoin created the GLG as an attempt to provide otherwise unknown investors a sense of inflated relevance within the company.
And it is perhaps not a coincidence that OneCoin chose Argentina to make their latest pitch in.
Following a period of prolonged drought and economic uncertainty,…

OneCoin received money laundering tip off from government official

July 26, 2018 0

Insight into how OneCoin seemingly manage to keep one step ahead of authorities has surfaced, courtesy of a District Court judgment in Germany.The case involved a government tax official facing allegations he tipped off a friend about a money laundering investigation.
Back in September 2016 a OneCoin related €28,000 EUR transfer request to Singapore aroused the suspicion of a bank employee.
As reported by SWP DE, the employee noted, among other things, the “desolate financial position” of one of the OneCoin affiliates. Specific details were not elaborated on.
As required by the law, the bank in question acted on their employee’s suspicion and filed…

179,000 EUR linked to OneCoin tax fraud seized in Finland

July 25, 2018 0

A District Court in the Ostrobothnia region of Finland has approved the seizure of €179,000 EUR.The order was made against a Finnish OneCoin affiliate, who is a suspect in a criminal case related to tax fraud.
After receiving a tip-off, Finnish police launched a criminal investigation into the suspect.
The investigation focused on ‘a sum of money in the man’s account … he was not taxed for‘.
In an attempt to explain why he failed to declare his ill-gotten gains to authorities, the OneCoin affiliate claimed
the money was not his, but he held the money in his account on behalf of another lesser person.
Finnish media report…

OneCoin investor’s airline money laundering scheme thwarted

July 18, 2018 0

Following its launch in late 2014, Pehr Karlsson emerged as one of OneCoin’s early top investors.Operating out of Sweden and placed directly below Juha Parhiala, Karlsson is believed to have stolen over 7 million EUR from OneCoin victims.
Like most of OneCoin’s top earners, Karlsson bailed from OneCoin after it collapsed early last year.
Flush with ill-gotten gains, Karlsson surfaced earlier this year as co-founder of a proposed Swedish airline.
The Nobis Air proposal sought approval for flights between the Swedish city of Vaxjo and Stockholm Arlanda and Oslo International Airports.
Pending approval by the Swedish Transport Agency, Nobis Air flights were to commence from…

OneCoin’s blockchain lies exposed by GDPR

June 17, 2018 0

As annoying as the GDPR might be, lo and behold some good has come of it.Before we get into that though, let’s revisit early 2017.
Blockchain developer Bjorn Bjercke had just dropped the “OneCoin has no blockchain” bombshell.
Through an executive job offered through Asenshia, Bjercke claimed OneCoin offered him the role of Chief Technology Officer.
As Chief Technology Officer, Bjercke would be paid $2.5 million annually to create a blockchain for OneCoin.
Seeing as OneCoin claimed to have had a blockchain since inception in 2014, this begged the question of what the company had been using for a year and a half.
Based on correspondence…