Following Ivonne Ortiz’s 5 yr jail sentence, OneCoin held a OneLife DealShaker occasion in Ecuador.
Talking on the occasion was Raul Pazos Medina, who spent thirty minutes shouting at traders in attendance.
The latest Ecuadorian DealShaker was held final weekend on February twenty first.
Footage of the occasion reveals an indignant Medina ranting and raving about Ortiz’s incarceration.
I’ve carried out my greatest to condense thirty minutes of footage beneath. I’m counting on auto-translate which is a bit janky.
If anybody is fluent in Spanish and desires to make any enhancements, let me know if the feedback beneath.
[3:42] I’ve had a tremendously robust stress stage.
Thanks for 33 years for no less than a little bit little bit of gratitude and consideration for management.
I do know that is personal and every of you has obligations however tomorrow don’t name me with calls for and likewise communicate as a result of I’m in the identical scenario.
Sufficient already, sufficient!
[4:38] What occurred to a woman right here that’s the information. We benefit from that (and) there are individuals who wish to go and sue their very own leaders.
That is named being notorious, a girl who what to grasp from my particular person – we’re behind the case.
An individual, a mom of two kids … sued by her household who was from her downline.
Raven crowds they take you each out.
They harm the girl and the entire group. It hurts all of us.
They lady was completely defenseless, they didn’t defend her correctly.
And that’s why … nothing is spoke of as an funding. These are penalties for not doing something.
To me this lady is harmless and as an organization to have the ability to give her the protection. This lady is already the mark and you recognize it.
The very first thing ought to be to ship her that at this second the corporate has love for her.
God, I would love you to be within the place of that lady for a second.
Let’s study to be human beings. How will you be comfortable that somebody desires to condemn you to five years in jail?
This lady received’t be alone. The corporate is supporting us, and our captain is a good human being who’s on the forefront of this.
Medina (proper) goes on to discourage OneCoin traders in Ecuador from complaining, citing the OneLife distributor agreements they signed.
While you entered OneLife you signed a digital phrases and circumstances contract.
What’s says within the phrases and circumstances is we enter as freelance gross sales companions or in English, Unbiased Advertising and marketing Associates.
What which means is we don’t have any dependence on the corporate and that our earnings is generated based mostly on industrial distribution and producitivty.
The laws say is is prohibited to speak to others about funding.
For sure OneCoin’s phrases and circumstances aren’t legally binding, owing to the corporate being fraudulent.
And I’m not conscious of a single time “don’t discuss funding” pseudo-compliance has really labored.
At one level Medina references a “nationwide courtroom of justice” case in Romania.
I’m unsure what precisely Medina is referencing right here. I’m conscious OneCoin holds crappy DealShaker occasions in Romania sometimes, however so far as I do know Romanian regulators haven’t moved towards OneCoin.
Tax authorities have been seeking to get better €400,000 in unpaid taxes by Romanian OneCoin associates, however we haven’t heard something additional since March 2019.
In accordance with Medina there was some trial two years in the past and OneCoin prevailed.
Medina then brings up Germany and claims to have “received”. That is one other odd declare to make, seeing as OneCoin has been banned in Germany since 2017.
Two German OneCoin scammers have been acquitted in June 2020. Their protection was they relied on a dishonest report from the legislation agency SBS Authorized (then Schulenberg and Schenk).
Three extra German OneCoin scammers have been indicted in November 2020. That case remains to be enjoying out.
The elephant within the room at this level being precise felony proceedings within the US, that are most positively not going OneCoin’s means.
Medina doesn’t deliver up the US instances in his rant.
I’m unsure whether or not Ivonne Ortiz was underneath or above Medina within the OneCoin downline.
Given management of OneCoin Ecuador now seems to have fallen onto him, you possibly can recognize why he’d be jumpy.
Ortiz was discovered responsible on costs associated to advertising earnings potential via an unauthorized various forex.
Right here we’ve got Raul Pazos Medina choosing up the place Ortiz left off.
Whether or not Ecuadorian authorities determine to deal with open promotion of a Ponzi scheme stays to be seen.
Replace thirteenth February 2022 – The cited video that includes Raul Pazos Medina has been deleted from YouTube.
As such I’ve disabled a beforehand accessible hyperlink to the video.