Veselina Valkova’s time at OneCoin little question taught right here banks will ultimately clamp down on Ponzi shenanigans.
All it takes is one or two, and from there’s a cat and mouse snowball impact.
In gentle of this, Valkova is evidently exploring various banking channels for her but to be launched Circle of Finance scheme.
Valkova, a former OneCoin Ponzi government, has teamed up with Habib Zahid. The pair are hoping to launch Circle of Finance and Invicta, each of which type a part of a wider OneCoin clone.
Final December Valkova was contemplating making use of for a Cashaa excessive danger enterprise account.
She hit a roadblock nevertheless upon studying she’d must cough up a £1000 pound price.
I’m making use of for prime danger enterprise account as proprietor of newly construct alternate enterprise.
Through the CDD course of i noticed that it is usually obligatory necessities to pay 1000 kilos price for opening the checking account.
What is going to occur with these 1000 kilos in case that my CDD paperwork are usually not accredited for any motive?
Given Valkova’s historical past, you’ll be able to admire the priority.
CDD stands for “Buyer Due Diligence”. Given Valkova’s involvement in OneCoin, her being granted a enterprise account wherever depends on both
- submitting false paperwork;
- duping a supplier with shell firm nonsense; or
- a supplier turning a blind eye to Valkova’s involvement in a $4 billion+ Ponzi scheme… and now wanting an account to run her personal scheme by way of.
Cashaa markets what they name “crypto-friendly enterprise accounts”.
The corporate makes use of it’s personal CAS cryptocurrency, which Valkova was presumably hoping to faucet into (investor cash in –> convert to CAS –> launder to wherever).
Whether or not Valkova in the end went by way of with signing up for a Cashaa account is unclear. I suppose we’ll discover out quickly sufficient if Circle of Finance ever launches.