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Topic: Scam of the Decade: the Story of a Doctor of Law Who Organized the OneCoin Ponzi (Read 122 times)

hero member
Activity: 952
Merit: 513
It's honestly scary how many people have fallen for this.

And more importantly, they have fallen for this blatant scam and still haven't realized that they are a victim. Instead, they are sucked into the hierarchy of the ponzi scheme and trying to refer others into the scheme, thinking that they are doing everyone a favor as they join the so called 'financial revolution'.

Don't get greedy. There is no reason why any legitimate investment opportunities would come so easily and risk-free.
legendary
Activity: 2114
Merit: 1150
https://bitcoincleanup.com/
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WTF investors were doing in the past when they can't even learn from what already happened with bigcoin. That's a really good article to read and i think the biggest scam in the world like plustoken and bitconnect must be revealed in a nice article like this one.
When people are blinded by greed and ignorance, you can't expect them to think rationally. This human nature/weakness will always be exploited by scammers. As long as there will be new people who will fall for it, I'm pretty sure there will be plenty of "new" ponzi schemes that will come out. Some of them might be bigger than onecoin or bitconnect.
sr. member
Activity: 1036
Merit: 253
OneCoin also the so called TBC or theBillioncoin also create an illusion that they are the future of cryptocurrency and many people believe and some are still believing that they are holding a true coin. These coins are not even using a blockchain rather they use a centralized ledger like a common payment processor that you can send and receive numbers on your screen.
sr. member
Activity: 896
Merit: 272
OWNR - Store all crypto in one app.
bitconnect has already organized before onecoin was launched by that scammer and isn't it those investors have learned from there? It looks like all of the money were getting divided by so many parties.
WTF investors were doing in the past when they can't even learn from what already happened with bigcoin. That's a really good article to read and i think the biggest scam in the world like plustoken and bitconnect must be revealed in a nice article like this one.
There are some investors these days who never learn until they had experienced it, they choose to disregard the experiences of other people that can guide them on making the right decision that's why they end up getting scammed. They just keep on trusting and believing scammers promises without even analyzing it, they don't realize that they are just trying to take advantage of them to get the benefits that they wanted. It should be the reason why we have to be cautious before investing our money because we can't literally assure that our money is safe and secured from scammers, also we can't easily say that their intention is good because there are some people who change their way of thinking when it comes to money. It's an incident that we need to acquire and consider so we will not end up losing our money for nothing.
hero member
Activity: 1540
Merit: 507
bitconnect has already organized before onecoin was launched by that scammer and isn't it those investors have learned from there? It looks like all of the money were getting divided by so many parties.
WTF investors were doing in the past when they can't even learn from what already happened with bigcoin. That's a really good article to read and i think the biggest scam in the world like plustoken and bitconnect must be revealed in a nice article like this one.
jr. member
Activity: 34
Merit: 1
Many OneCoin investors still believe they are taking part in the global financial revolution. Despite a slew of arrests and serious allegations mounted against the organizers of the scheme, they continue to invest, oblivious to any criticism. What started as just another Ponzi scheme has eventually evolved into the largest scam of the decade and a semblance of a religious cult that exists independently of the founder who disappeared without trace back in 2017.

OneCoin was heralded as the “Bitcoin killer” that would very soon make investors fabulously rich and bring down the unfair world order. These lofty promises were never fulfilled and investors around the world lost billions of euros.

Where did the investor money go? Did OneCoin actually have influential godfathers in the post-Soviet space? All these questions could be answered by Dr. Ruja Ignatova, the founder of the scheme.

Before her disappearance, Ignatova warned Gilbert Armenta, one of her accountants, about the danger posed by influential Russians.

Quote
“You have to be fucking careful. What these Russian guys can do you can not imagine. […] Do not use emails. Face to face or in encrypted form. Nothing else is safe. Just believe me. Please. I can get everything that I want within 24 hours. And if I can they can too,” she said in a palpably scared voice.

ForkLog delved into the intricacies of this Ponzi scheme, which has already gone down in history. Not for its revolutionary nature of course but rather for the impudence of execution and the extent of the damage inflicted.

https://forklog.media/scam-of-the-decade-the-story-of-a-doctor-of-law-who-organized-the-onecoin-ponzi-scheme-and-vanished-with-billions-of-euros/
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