Is OneCoin a pyramid scheme

Here everyone can state their opinions on Onecoin/Onelife ecosystem. You are free to critique flaws or praise the good sides of the vision. Any hatred will be removed.
Igorkrnic
Site Admin
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Re: Is OneCoin a pyramid scheme

Post by Igorkrnic » Thu Feb 22, 2018 8:42 pm

Biba munda wrote:
Thu Feb 22, 2018 8:33 pm
IGOR In Germany, there has been some inquiry and hearing that some people of the IT department are also included if the sabatian has also been left, and split is stuck on 99 what will happen in such situations, then the members are very upset. Dr Ruja is also disappeared .
Yes there is panic everywhere. Several news sites write how governments will ban bitcoin and cryptocurrencies and people panic and sell of and deflate the bubble.

Ther is some investigation to see if onecoin is a scam or not and people panic - why the hell did you join if you ar not sure it is not a scam, why panic now. This panic made many onelife people stop selling education, so less tokens come in and the barometer is slower.

onecoinpk
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Joined: Sun Mar 04, 2018 9:10 am

Re: Is OneCoin a pyramid scheme

Post by onecoinpk » Sun Mar 04, 2018 9:34 am

The users are asking the question about OneCoin authentication everywhere. There is too much negativity available on the internet related to OneCoin. Bitcoin is trying to stop OneCoin team from further working on the project. We are witnessing the investigations, that OneCoin has to face with respect to its legitimation.
The legal team of OneCoin is available to face all the negativity related to OneCoin. OneCoin is legal and its growing and at the end of the year it will be launch to open market.
If anyone interested in OneCoin, he must go for detailed research. OneCoin is coming with amazing technology. It can take over Bitcoin is a similar way as Facebook takeover MySpace.
To learn more about OneCoin authentication, you can read this article. https://www.onecoinpk.com/how-true-is-onecoin/
Hope it will help you out.

brini
Posts: 4
Joined: Wed Apr 25, 2018 10:18 pm

Re: Is OneCoin a pyramid scheme

Post by brini » Wed Jun 05, 2019 2:55 am

ONECOIN INVESTIGATION IN SWEDEN IS CLOSED
The Swedish police has finalized and closed all investigations against the OneCoin company. In addition, on May 2nd, 2019, the Swedish Gaming Authority (Spelinspektionen) has confirmed to the company’s lawyers that there are no ongoing procedures, relating to the allegations against OneCoin. Neither of the two authorities have found evidence of any bad practices whatsoever.
Since the establishment of OneCoin, the company has constantly and viciously been attacked by unfair business competitors with the aim of damaging its reputation on a global scale by spreading rumors.
A couple of years ago, some groundless claims about OneCoin have come to the attention of Swedish authorities which they have found worthy of investigation. In addition to that OneCoin activities were reported to the police by the Swedish Gaming Authority with the argument that those activities were in breach of the Swedish Gaming law. Shortly after, this “story” has been reported on the news, and then referenced further in many outlets on- and offline, giving those claims media resonance for months – especially on the Old Continent.
These allegations have now been put to the test and have failed spectacularly. After the Swedish police conducted a thorough investigation following the allegations of the Gaming Authority, they came to the conclusion that no charges of wrong-doing could be proved, and, as a result, the investigation was closed - twice, on February 6th, 2017 and on January 16th, 2018.
“In a Scandinavian country that has ensured a high level of consumer protection and which serves as an example of how the government looks after its citizens, the OneCoin concept has been a subject to the most rigorous test of legality and has passed it. We sure hope the fact that all allegations against OneCoin in Sweden have dropped serves as an example to the public that there are many rumors, circulating online, and they should definitely be disregarded, so that people could avoid falling victims to the “Fake News Phenomenon”, the OneCoin company shared.
The Gaming law of Sweden is of EU origin, so the conclusion in Sweden should hold for the rest of Europe and be applicable for other European countries.
Searching for the truth is usually a long and unpleasant process – it is hard, takes time, but it always prevails eventually. The OneCoin company is positive that this will happen in the United States of America as well, it is just a matter of time.
OneCoin Press Department press@onecoin.eu

Dummis-1
Posts: 277
Joined: Sat Mar 09, 2019 7:47 pm

Re: Is OneCoin a pyramid scheme

Post by Dummis-1 » Wed Jun 05, 2019 9:35 am

Sweden Government Tax Agency just confirmed today in Twitter that it considers OneCoin a pyramid scheme:

Image
https://twitter.com/Skatteverket/status ... 9106843651
To add to Skatteverkets tweet:
spelinspektionen (Swedish gaming board) also part of the Swedish government calls it a pyramidegame and is the ones that has requested the police to investigate not ones - but two times.

finansinspektionen (swedish financial inspection) also part of the swedish government considers onecoin to be an illegal pyramidescheme without the right to conduct any business in Sweden.

This is a snippet from the spelinspektionens warning:
OneCoin är även listad på Finansinspektionens varningslista över företag som verkar på en marknad utan nödvändiga tillstånd
translated: onecoin is also listed on the financial inspections list of warnings for consumers because they are conducting business without permissions
Link from finansinspektionen about onecoin
Its Linked to Austria FMA (finance inspection in eu share the same warning-network)
There was a new update there i hadn't seen:
  • 12th of july 2017
    First warning/probabtion to conduct business in austria was published.
  • 2nd of September 2017
    Onecoin ask austria to make a new investigation.
  • 26 February 2018
    Fma announced onecoin is still considered illegal and can not conduct business in austria and this is final.
Since they share the same warning Network EU financial authorities considers onecoin illegal. Thumbs up onecoiners

Igorkrnic
Site Admin
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Re: Is OneCoin a pyramid scheme

Post by Igorkrnic » Wed Jun 05, 2019 1:35 pm

From what they tweeted they did not mention it as forbidden pyramid but they seem to label MLM as pyramid scheme and all who sell packages need to pay taxes for their compensation plan money that they earn.
Pretty normal of course, all IMAs are supposed to register their sales and pay taxes. Many do not do that and in some countries we saw tax agencies making action, Romania for example.

But sweden police and gambling authority obviously found nothing illegal in onelife business plan.

It is those unethical scammers that lie and make promises that are true problem.

Dummis-1
Posts: 277
Joined: Sat Mar 09, 2019 7:47 pm

Re: Is OneCoin a pyramid scheme

Post by Dummis-1 » Wed Jun 05, 2019 1:46 pm

Igorkrnic wrote:
Wed Jun 05, 2019 1:35 pm
From what they tweeted they did not mention it as forbidden pyramid but they seem to label MLM as pyramid scheme and all who sell packages need to pay taxes for their compensation plan money that they earn.
Pretty normal of course, all IMAs are supposed to register their sales and pay taxes. Many do not do that and in some countries we saw tax agencies making action, Romania for example.

But sweden police and gambling authority obviously found nothing illegal in onelife business plan.

It is those unethical scammers that lie and make promises that are true problem.
You are so wrong here buddy.
Swedish police "investigation" was first done by one officer that called it quits after a while, then gaming board called a new investigation and a single officer woman got to do next investigation and called it quits again. It's not some huge investigation that's been going on. The swedish gaming board still calls Onecoin a pyramidegame and the swedish tax agency still considers onecoin a pyramidescheme/game and you pay taxes on your "winnings" like you do if you win on an international lottery. This is not how cryptocurrency is taxed in sweden.
The swedish financial authority has a warning out for Onecoin, still.
Infact every EU financial authorities uses the same warning-network and Onecoin is on that list. Ie: it's conducting illegal business without licenses and permissions.
Last edited by Dummis-1 on Wed Jun 05, 2019 1:50 pm, edited 2 times in total.

CryptoXpose
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Re: Is OneCoin a pyramid scheme

Post by CryptoXpose » Wed Jun 05, 2019 1:47 pm

Igorkrnic wrote:
Wed Jun 05, 2019 1:35 pm
From what they tweeted they did not mention it as forbidden pyramid but they seem to label MLM as pyramid scheme and all who sell packages need to pay taxes for their compensation plan money that they earn.
Pretty normal of course, all IMAs are supposed to register their sales and pay taxes. Many do not do that and in some countries we saw tax agencies making action, Romania for example.

But sweden police and gambling authority obviously found nothing illegal in onelife business plan.
I don't think there's legal "pyramid scheme" at least in EU.

The Gabmling Authority never said OneCoin is legal, they were the one who said it was illegal and made Emelie Petersson from Swedish police investigate it, which didn't lead anywhere. I'm pretty sure the Gambling Authority still considers OneCoin illegal pyramic, just as the Tax Agency.

What needs to be done in Sweden is much more extensive investigation which probably will appear after we get results from USA.
Last edited by CryptoXpose on Wed Jun 05, 2019 1:49 pm, edited 1 time in total.

Igorkrnic
Site Admin
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Re: Is OneCoin a pyramid scheme

Post by Igorkrnic » Wed Jun 05, 2019 1:48 pm

I also think USA will be the end of something yes :)

CryptoXpose
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Re: Is OneCoin a pyramid scheme

Post by CryptoXpose » Wed Jun 05, 2019 1:51 pm

Igorkrnic wrote:
Wed Jun 05, 2019 1:48 pm
I also think USA will be the end of something yes :)
Mee too. And then, I think Emelie Petersson should find a new job.

flatrate
Posts: 920
Joined: Fri Nov 03, 2017 9:42 pm

Re: Is OneCoin a pyramid scheme

Post by flatrate » Wed Jun 05, 2019 1:58 pm

i doubt it IGOR. these folks are clinical, criminal, institutionalized at this point. even possessed. have you actually seen slimy timy posts lately ?? he has claimed that people could storm my house and harm me possibly with guns because i bought education package from ONE.

i'm scared.

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