Though it’s a shadow of the 4 billion greenback Ponzi it was, new victims are nonetheless being recruited into OneCoin.
The present signup course of has revealed OneCoin continues to defraud customers via a Santander Checking account in Poland.
All through 2016 BehindMLM tracked OneCoin’s bounce from one financial institution to a different. As quick as OneCoin arrange shell firms to dupe banks, banks cottoned on and shut them down.
That journey got here to an finish in November 2016. Until not too long ago, the final checking account OneCoin solicited funding via was a Financial institution of Africa account held in Tanzania.
OneCoin’s present banking particulars reveal the methodology hasn’t modified.
In the present day OneCoin solicits funding via a Santander Checking account in Poland. The proprietor of the account is Igoria Commerce SA, a shell firm owned by Wojciech Grzegorz Kulinski.
The bill new OneCoin victims obtain is from One World Community FZE, a shell firm arrange within the UAE.
Along with the UAE being a scam-friendly jurisdiction, OneCoin laundered a whole lot of hundreds of thousands of {dollars} with the help of the Al Qassimi royal household.
If OneCoin founder Ruja Ignatova remains to be alive, the UAE can be a number one contender for her present whereabouts.
In what seems to be an try at believable deniability ought to a financial institution examine, OneCoin instructs new victims to
write ONLY bill quantity with none further data … within the cost reference.
The rest, resembling references to OneCoin and/or OneLife, will see OneCoin return the switch. That is most likely to allow them to inform anybody investigating the transfers have been made in error.
OneCoin’s e mail invoices are despatched from an handle pointing to the “onelifecorp.eu” area.
Up to now European authorities have taken no steps to disable OneCoin’s lively web site domains.
Igoria Commerce SA was first publicly implicated in OneCoin’s present cash laundering actions again in June.
Polish authorities have been knowledgeable of the connection even earlier in Could. Thus far neither Polish authorities or Santander Financial institution Polska has taken any motion.
By the Igoria Commerce SA account, OneCoin continues to solicit funding into its Ponzi scheme.
Along with financial institution wires, OneCoin solicits funding via cryptocurrency.
Individually, BehindMLM readers have been tracing OneCoin’s present cryptocurrency wallets.
Tens of millions of {dollars} have not too long ago been laundered via OneCoin wallets tied to Binance and BitForex.
Replace twenty third August 2021 – Blockchain analysis within the feedback beneath has now additionally implicated Poloniex and Kraken.
Replace third October 2021 – OneCoin seem to have misplaced their Santander Checking account.
The corporate is now routing new funding via Metro Financial institution within the UK.