So the shit heads are in deep trouble.
Dan Anderson who is the main guy behind this scam has been arrested in Pakistan and now applying for bail. Check out the link below.
https://behindmlm.com/companies/leo-ceo-dan-andersson-arrested-in-pakistan/
Topic: Leocoin Office in Pakistan shut down by police (Read 2590 times)
I have just heard that Dan Andersson has been arrested by NAB in Pakistan for his UNAICO scam. I bet the police want to speak to Mihir Magudia who is a front man for Dan – he won’t be going to Pakistan any time soon. Dan is on Exit Control List of Pakistan and can not leave the country until he pays back all the money he has stolen from people of Pakistan. This is the reason he did not attend the event in Turkey last week.
Shame that people were ever conned by such an obvious scammer. Now this company is dead, wonder what new scam these crooks will come up with.
How do I get my money back from scammer Dan Andersson.
Shame that people were ever conned by such an obvious scammer. Now this company is dead, wonder what new scam these crooks will come up with.
How do I get my money back from scammer Dan Andersson.
i think is good if leocoin office is close
because leocoin only ponzy site/mlm/scheme piramide and shceme ponzy, so if leocoin is close, is stop to many people join, because only shiit coin
because leocoin only ponzy site/mlm/scheme piramide and shceme ponzy, so if leocoin is close, is stop to many people join, because only shiit coin
I'm so satisfied and happy with Pakistan Police, salute to them!!
Finally one police doing its job.
I lost all my hopes that something like this could happen in USA with all those instamines worth few tens millions of USD.
MLM Ponzi / Pyramid style COIN shit is here to stay i think.
Once they get a taste of money that is it.. they are here to stay !
There is others like this coin we can see by looking around.
Keep an eye out for the warning signs people !
Once they get a taste of money that is it.. they are here to stay !
There is others like this coin we can see by looking around.
Keep an eye out for the warning signs people !
Another chapter in the big book of cryptocurrency drama. It wasn't the first and it won't be the last. Will be fun to see how bad it gets.
It seems that the popularity of leocoin in the other country has now come to an end closely. This is also connectec in Multi level Marketing I think, if I'm not mistaken because my friend in middle east is recruiting me to join in Leocoin, and I said ti will not long last in crypto world. which is now happening the damage of the company.
I'm so satisfied and happy with Pakistan Police, salute to them!! Leocoin is a 100% scam, many people lost much money in this ponzi MLM scam, people should know the truth and refuse to trade ponzi MLM scam any more, including, swiscoin, e-dinarcoin. Guys, be responsible for your own money!!!
Exactly, finally a govt out there grows some god damn fucking balls.. cough cough CANADA, UK and USA
And British support ? I thought that was supposed to be China ? ROFL
And it's like a community take over scam.
I highly doubt the guy stepped down from anything.
Him and Dan are best bud's he will simply "SAY" it to put on a show publicly.
And guys how sleazy is it of CoinMarketCap to list shit like this ?
All latest post in the official Leocoin thread here on bitcointalk asking for more information about this accusations have been removed.
the Leocoin scam goes on
Atif Kamran the MLM ponzi scam expert just run away with all their money and they still try to censor the ones who ask for information
the Leocoin scam goes on
Atif Kamran the MLM ponzi scam expert just run away with all their money and they still try to censor the ones who ask for information
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The LEOCOIN SCAMMERS have gone strangely quiet
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haha, they deleting all the posts relating to them being accused of MONEY LAUNDERING!!!!
I'm so satisfied and happy with Pakistan Police, salute to them!! Leocoin is a 100% scam, many people lost much money in this ponzi MLM scam, people should know the truth and refuse to trade ponzi MLM scam any more, including, swiscoin, e-dinarcoin. Guys, be responsible for your own money!!!
if you want to investigate more, start from the following links:
this is the direct link to the post by Abdul Wahid Khan:
https://www.facebook.com/traineratifkamran/posts/386825338375484
this is the Leo Corporate response, funny only 2 people raised doubts about what really happened to Atif Kamran the scammer
https://www.facebook.com/LEOcorporate/posts/1000492033416887
Another interesting article (and comments also):
http://www.coinbuzz.com/2015/04/04/leocoin-founders-linked-to-pyramid-scheme-in-pakistan/
And looks like Atif Kamran is quite an expert in ponzi schemes, this scam is from 2012, previous to Leocoin
http://www.pakistantoday.com.pk/2012/05/05/nab-starts-probe-into-unaico-ponzy-scheme/
this is the direct link to the post by Abdul Wahid Khan:
https://www.facebook.com/traineratifkamran/posts/386825338375484
this is the Leo Corporate response, funny only 2 people raised doubts about what really happened to Atif Kamran the scammer
https://www.facebook.com/LEOcorporate/posts/1000492033416887
Another interesting article (and comments also):
http://www.coinbuzz.com/2015/04/04/leocoin-founders-linked-to-pyramid-scheme-in-pakistan/
Quote
In 2012, Anderson and Kamran were warned by the Securities & Exchange Commission in Pakistan (SECP), regarding a potential pyramid scheme (UNAICO Pakistan) the duo was operating in the country. According to an investigation carried out by the SECP, UNAICO was found to be running a MLM/Pyramid scheme:
“The Commission received various queries/complaints from general public mainly through email messages including emails dated 23.03.2011, 17.03.2011, 25.04.2011 and18.07.2011 wherein it was highlighted that the Company is involved in the business of Multi-Level Marketing (MLM)/Pyramid Schemes. On receiving the aforementioned emails, the Company Registration Office, Islamabad (the “CRO”) conducted a preliminary inquiry to probe the matter and to see if the Company was actually involved in the business of MLM/Pyramid Schemes. The inquiry about affairs of the Company, revealed that it is involved in ultra virus activities like MLM/Pyramid Schemes“
“The Commission received various queries/complaints from general public mainly through email messages including emails dated 23.03.2011, 17.03.2011, 25.04.2011 and18.07.2011 wherein it was highlighted that the Company is involved in the business of Multi-Level Marketing (MLM)/Pyramid Schemes. On receiving the aforementioned emails, the Company Registration Office, Islamabad (the “CRO”) conducted a preliminary inquiry to probe the matter and to see if the Company was actually involved in the business of MLM/Pyramid Schemes. The inquiry about affairs of the Company, revealed that it is involved in ultra virus activities like MLM/Pyramid Schemes“
And looks like Atif Kamran is quite an expert in ponzi schemes, this scam is from 2012, previous to Leocoin
http://www.pakistantoday.com.pk/2012/05/05/nab-starts-probe-into-unaico-ponzy-scheme/
fuck them..i just look at this thread to see if they had been shot by the police LOL...i hope so 
Maybe someone with a working facebook account could contact Abdul Wahid Khan and ask what is going on?!
Might be interesting.
Maybe he could join the discussion on this board
According to a post on the facebook page of Atif Kamran, co-founder of Leocoin with Dan Andersson, police has shut down the Leo operations in Pakistan.
Quote from the post:
"Govt said that this is a illegal company. It is a money londring company. "
This already happened two months ago end of November.
Screen copy from https://www.facebook.com/traineratifkamran/?fref=ts
Here is the screenshot (why is the image not shown dierectly???)
Today, two months later, we learn that Atif Kamran has been "dismissed" by Dan Andersson.
See here:
What happened here?
Maybe the police investigation was becoming too dangerous for the whole Leo/Leocoin operations and they decided to "sacrify" Atif Kamran to save the business?
Atif Kamran is/was a major shareholder of Leo (Learing Enterprises Organsation). Can he be forced to sell his shares?!
Is he still in business?
What do you think ?
Quote from the post:
"Govt said that this is a illegal company. It is a money londring company. "
This already happened two months ago end of November.
Screen copy from https://www.facebook.com/traineratifkamran/?fref=ts
Here is the screenshot (why is the image not shown dierectly???)
Today, two months later, we learn that Atif Kamran has been "dismissed" by Dan Andersson.
See here:
What happened here?
Maybe the police investigation was becoming too dangerous for the whole Leo/Leocoin operations and they decided to "sacrify" Atif Kamran to save the business?
Atif Kamran is/was a major shareholder of Leo (Learing Enterprises Organsation). Can he be forced to sell his shares?!
Is he still in business?
What do you think ?
They have been keeping quiet about all these news.....
Bunch of scammers they are.....
LOL
Let's see if cryptotraider's " BRITISH GOVERNMENT SUPPORT " does him any good.
Let's see if cryptotraider's " BRITISH GOVERNMENT SUPPORT " does him any good.
In Pakistan there are many leocoin holders, leo had big activities in Pakistan with many peopole in their comunity.
They know their targets, this makes them even more evil.
Finally this Leocoin BS is coming to end, too bad they already packed with people's money and moved to the next coin: Credibit
Cryptotraider16 is shilling Credibit since a couple of months already, maybe soon after Leocoin top manager got arrested.
Another Leocoin top shill social account moved to Credibit: https://www.instagram.com/buyleocoin/
On Facebook, many accounts previously shilling Leocoin are slowly moving to Credibit too
In Pakistan there are many leocoin holders, leo had big activities in Pakistan with many peopole in their comunity. I invested some money in leocoin but to be honest I do not trust them. I think they paied some poepole to promote leocoin on social media and on bitcointalk, those peopole were just telling bullshit about this coin. One of this persons is for sure guy with nickname Cryptotraider16 
I am actually surprised that local Police took an action against Leocoin developers.
If their base of operation was located somewhere in EU or US they would probably bullshit their way out of it.
So this is the end for them or we can expect their return in the future with this or another 'product'?
If their base of operation was located somewhere in EU or US they would probably bullshit their way out of it.
So this is the end for them or we can expect their return in the future with this or another 'product'?
I think that Leocoin scam is finally coming to the end, soon everything involved in that ponzi scheme will be behind bars.
yes it is true, if they err and commit fraud they should know the risks that he did for this, I think this is the right to a charlatan like them, so that no one dared to do like this again. Jump to: