There are a number of people peddling Onecoin ("Onecon!"), one of the most outspoken is a blogger named Ken Labine (Canada). Anyway, he and I have gotten into it. HERE I go off on how he expresses great triumph in Onecon having white-labled (well, at least temporarily, as you will see) a Mastercard:
Ps. This is my FIRST post on bitcointalk, although I've been following for years. Also, I've read nearly all of the Paycoin (XPY) story and comments here, since around December of 2014, when it looked like trouble would start brewing for GAW and Homero. Curiously, Onecon is following VERY SIMILAR footsteps with bombastic claims, which I will outline in my next post. But for now, at least learn about what a great deal their "OnePay Card" is (typing that just felt eerily reminiscent of Garza's cutesy labels for his scam)
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ME: Now, I am watching this video of yours:
https://www.youtube.com/watch?v=-cUfJdYKRtc"OneCoin - FIRST CANADIAN USING ONEPAY CARD LIVE" Published on Feb 17, 2016
Ken Labine Quote from video: "First you can see the OnePay card being used ....this is HUGE..."
ME: Actually it's not. Unless you are talking about the fees to use the Pre-Paid card being HUGE; becausae they are. It's not even a credit card, its simply a prepaid card with ridiculous fees and a Onecoin logo. That's it.
And take note of how much you are being raped in fees!!
QUOTE: December 1st, 2015:
● The FEE to load OneCoin Prepaid Card is 5% on the transfered amount, minimum of €25 per transfer
● Maximum amount to transfer per day from OneCoin Cash Account to OnePay: €5000
● The FEE to transfer funds from OneCoin Cash Account to OnePay: €16
ADDITIONAL ONECOIN CARD FEES TO FURTHER BENEFIT RUJA AND HER PONZI:
● New card FEE - 20.00 EUR
● Card replacement FEE - 20.00 EUR
● ATM balance inquiry FEE - 3.00 EUR
● ATM withdrawal FEE - 3%, min 4.50 EUR
● ATM decline FEE - 1.50 EUR
● Manual Cash withdrawal FEE - 7.5%, min 10.00 EUR
● Purchase FEE - 1.50 EUR
● Chargeback FEE - 30.00 EUR
● Check Refund FEE - 20.00 EUR
● Currency conversion FEE -5%
● Inactive card FEE - 2.00 EUR
● Card loading FEE - 5% min 25.00 EUR
● Copy/Retrieval request FEE - 10.00 EUR
● Deactivation or reactivation FEE - 20.00 EUR
● Internet Banking Monthly service FEE - 1.25 EUR
total one time fees: > 168.75 EUR!!!!!
(IF dinged once for each/ obviously, MANY are recurring)
SOURCE:
https://onecoin.mycardplace.com/cholder/brands/zalagroup/OneCoin27112015.pdf?random=206.0WHO THE HELL IN THEIR RIGHT MIND WANTS TO BEND OVER AND PAY THIS?!?!?
This is just ANOTHER example of Ruja screwing people over BEFORE she pulls the rug out from under them, altogether.
ALSO: Any company can co-brand an MC Pre-paid Debit card (its lucrative, so why not?):
SOURCE:
https://www.mastercard.us/en-us/merchants/grow-your-business/find-solutions-by-need/co-branded-cards.htmlME: As seen here:
http://peakfinancialservices.eu/wp-content/uploads/2015/02/whitelabelcard1.jpgME: and not unlike "Bob Card" Mastercard:
http://smashinghub.com/wp-content/uploads/2012/01/20-bobcard-exclusive.jpg--------------------------------------------------------------------------------------------------------------
Ken Labine Quote from video: "At first I was saying, 'Where can I use my Onecoins?" - "Anywhere where Master Card's accepted...." - "But what this video made me realize is that I'm able to use Onecoin ANYWHERE where paper money is accepted..." - "...people are using their coins..."
^^^^
ME: NO THEY ARE NOT USING THEIR ONECOINS ON THIS CARD. LIAR!:
SOURCE:
http://makemoneywithonecoin.com/onecoin-card/QUOTE: "Note that you can only load your card in EUR (Check your application status: Money Accounts>Card Request)"
SOURCE:
https://onecoin.mycardplace.com/cholder/brands/zalagroup/OneCoin-FAQ-02A.pdf?random=86.0--------------------------------------------------------------------------------------------------------------
ME: Furthermore, THIS IS THE HOLDING BANK
THE DIRECTOR OF ONECON'S EXPENSIVE DEBIT CARD's HOLDING BANK HAS JUST BEEN CONVICTED THIS WEEK OF CRIMINAL GANG INVOLVEMENT AND SMUGGLING 24 MILLION EUROS OF DOLLARS WORTH OF DRUGS INTO THE U.K.!!!!!!
THE FOLLOWING IS PROOF SOURCE:
Bank:North International Bank LTD and its successors and assigns as applicable;
Participating Company:Zala-Group LTD, client of the Bank providing prepaid card
issued for the program;
PIN: Personal Identification Number;
Prepaid Card: your personalized Prepaid Card issued by the North International
Bank LTD;
SOURCE:
https://onecoin.mycardplace.com/cholder/brands/zalagroup/OneCoin27112015.pdf?random=206.0Martin Henry Beckett – Sole Director of Zala-Group LTD
SOURCE:
http://companydb.uk/09630600-zala-group-ltd#.VvLybvkrLIXConviction:
SOURCE:
http://www.standard.co.uk/news/crime/drugs-gang-found-guilty-of-smuggling-24-million-worth-of-cannabis-in-carpets-a3207336.htmlDOES THE METROPOLITAN POLICE WORK FOR YOU AS A SOURCE, KEN?!?
SOURCE:
http://news.met.police.uk/news/drugs-gang-convicted-156447SOURCE:
http://www.macintyrehudson.co.uk/martin-henry-beckett-bankruptcy_______________________________________________________________________________
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ME: And remember when we discussed this Ken?
“The source, who worked for some months at OneCoin, prefers to remain anonymous, even though he is no longer employed with them:
“Once I was threatened by them, and I do know Ruja is part of some underground circles in Bulgaria. I'd like to remain anonymous. I really hope to contribute to the truth!”
Well, these are the sorts of ducks which will continue to begin falling in a row the more this scam is perpetuated. THIS is some good JOURNALISM right here, Ken!
SOURCE:
http://cointelegraph.com/news/onecoin-a-voice-from-inside-is-there-underground-circles-in-bulgariaSo, maybe THIS is the type of “Due Dilligence” your new recruits and downline should have taken before signing up!