Bulgarian OneCoin doco “Deception Queen” out Nov 2022


Along with the identified OneCoin film and TV collection in manufacturing, we’re additionally getting a Bulgarian documentary.

“Deception Queen” entered manufacturing in late 2021 and is scheduled for launch by the tip of the yr.

Personally I hadn’t heard of Deception Queen so this popped up out of the blue.

As reported by Cineuropa, Bulgarian screenwriter duo Luchezar Avramov and Dimitar Stoianovich are behind the manufacturing.

Deception Queen “goals to blow the lid off the story behind the OneCoin Ponzi scheme”.

The workforce, who’re additionally counting on the experience of investigative journalist Nikolay Stoyanov and enterprise growth specialist Martin Kadilov, are backed by producer Nikolay Mutafchiev, representing PREMIERstudio, and are being supported by the Bulgarian Nationwide Movie Heart with an estimated price range of €275,500.

The Deception Queen is being ready as the very first documentary on the case, by following the story from the start and digging into the details from the very supply, such because the central workplace of the OneCoin firm in Bulgaria.

The Deception Queen will embrace distinctive footage from the rise of Ignatova and OneCoin, many unpublished audio recordings, and interviews with the primary CEO of OneCoin, the lead prosecutor within the investigation on the Bulgarian aspect, the one that presently manages the corporate’s belongings, in addition to victims of the scheme in Britain and the USA.

Being a Bulgarian manufacturing, the elephant within the room right here is the Bulgarian authorities’s duplicity.

Each with respect to failing to prosecute anybody concerned, and for persevering with to permit OneCoin to function out of Sofia.

I’d like to see that addressed in Deception Queen from inside Bulgaria, however I’m not holding my breath.

As per their web site, the Bulgarian Nationwide Movie Heart is “an administrative physique underneath the Minister of Tradition”.

The Minister of Tradition oversees the Ministry of Tradition, which in fact is an arm of the Bulgarian authorities.

I did word Deception Queen will function “the lead prosecutor within the investigation on the Bulgarian aspect”.

Oddly sufficient, having revealed nearly 450 articles on OneCoin since 2014, I don’t know what this case is.

So far as I do know no person has been prosecuted for something associated to OneCoin in Bulgaria. I’m not even conscious there was a Bulgarian investigation into OneCoin at any time limit.

In actual fact the Bulgarian authorities, up to now, has didn’t publicly tackle the $4 billion greenback Ponzi scheme it didn’t take motion on – and continues to show a blind eye to.

Imagine it or not OneCoin nonetheless operates globally from Sofia, Bulgaria – from the unique workplace Ruja Ignatova purchased method again when.

The solely Bulgarian motion I’m conscious of, was Bulgarian authorities escorting German prosecutors to OneCoin’s Sofia workplaces.

This resulted in a German led raid in 2018. Past that, Bulgarian authorities have carried out nothing.

Additionally with respect to interviewing OneCoin’s first CEO, that’d be Ruja Ignatova. She’s been lacking since 2017, so I doubt they’ve tracked her down for an interview.

Pablo Munoz (under) changed Ruja Ignatova as a figurehead CEO in late 2016.

After probably not doing a lot aside from gather a paycheck for six months, Munoz disappeared in Might 2017.

OneCoin rapidly changed Munoz with Pierre Arens. Arens lasted just a few months earlier than he stop in October 2017. Each are believed to have been paid upwards of €2 million EUR for his or her stints.

If Munoz is who Deception Queen has secured for an interview, it’ll be Munoz’s first public look since his time at OneCoin.

I’m additionally curious as to who “the one that presently manages the corporate’s belongings” is. The truth that this particular person isn’t named is telling.

Whereas it’d definitely be fascinating to see a homegrown documentary take its personal authorities to job. I don’t assume that’s what we’re getting.

As an alternative it appears like a vanilla have a look at OneCoin, with enter from a few of the scheme’s most culpable culprits.

Deception Queen is scheduled to be launched in November 2022.