Search Results for: onecoin

Finnish Law Enforcement Cracks Down on OneCoin Promoters

It is only a matter of time until all of OneCoin’s financial investigations catch up with it. Multiple countries are investigating this infamous Ponzi scheme and it seems some progress has been made in Finland. The police there are targeting one OneCoin promoter in particular, although it is likely more individuals are on their radar. The walls are slowly closing in on this Ponzi scheme, which can only be considered a positive …
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Luxembourg Regulators Warn Public About OneCoin Ponzi Scheme

Things continue to go from bad to worse for OneCoin. As if the Ponzi scheme had not gotten enough attention from law enforcement officials already, regulators in Luxembourg have also been actively cracking down on this blatant scam. The company got on the regulators’ radar and they subsequently warned the public not to invest in this pyramid scheme. OneCoin is unsupervised in the region and is not supported in any official capacity whatsoever. Luxembourg Regulators …
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Finnish Police Prepare to Take OneCoin to Court

OneCoin is slowly catching the attention of more law enforcement agencies worldwide. After initial investigations in India, Italy, and the United Kingdom, it now appears the notorious Ponzi scheme is under investigation by the Finnish authorities as well. It is good to see a global crackdown against OneCoin, since this pyramid scheme has taken money from thousands of investors. Moreover, the team seemingly is not too concerned with providing any transparency regarding the project or …
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OneCoin Fined 2.5 Million Euros by Italy Competition Authority

It has been some time since we last heard from OneCoin. The notorious Ponzi scheme is under investigation in several countries including Italy and the United Kingdom. The One Life Network, the company behind OneCoin, has now been fined 2.5 million euros for its misleading promotional campaigns. Slowly but surely, the end is approaching for OneCoin. OneCoin Faces a Massive Fine in Italy Governments are not taking kindly to OneCoin. The investment promises its users …
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