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Thursday, 11 January 2018

Polish authorities tighten their grip on scammers

A recent article published 20th December 2017 on Gazeta Prawna let's us know that Polish authorities want to tighten their grip on scammers. As the article puts it: 
"The UOKiK's message is unambiguous: the permission to cheat hundreds of thousands of Poles has ended. Officials warn and want to convict cheaters."
– UOKiK is the Office of Competition and Consumer Protection in Poland.

The decision of UOKiK might have based at least partly, if not largely, on case Recyclix. Recyclix was based in Poland and apparently had also many Polish victims.

What comes to pyramid scams in general, Polish officials apparently have had quite loose attitude towards pyramid scams before.


Gazeta Prawna:  
"Almost all experts say clearly: the reaction of the state authorities is late. But better now than not at all. For although the last two years have been the resurgence of pyramidal structures resembling Amber Gold, the state organs are still operating slowly."

In fact international scams are quite free to operate throughout the Europe, so this is not a problem that only Poland is struggling with. The internet makes it very easy for pyramid scams to spread and operate without respecting any laws. 

For instance, the Finnish NBI was supposed to evaluate the legitimacy of OneCoin by the end of 2016 when the coin was meant to go public. That of course never happened, because the coin never went public. So OneCoin got off the hook just because the NBI didn't attach the hook with a knot to the line. (Later there was a separate criminal investigation launched by the Finnish Police, but it might still take some time to get some information about the case in public.)



UOKiK warns about ongoing scams


The article by Gazeta Prawna mentions two ongoing scams that UOKiK wants to warn consumers about, DasCoin and Lyoness. DasCoin is referred as a cryptocurrency that does not exist. Lyoness on the other hand is described having pyramid scam features. 

OneCoin was not mentioned in the article, but then again UOKiK had already published a warning about OneLife (OneCoin) in September 2017. OneCoin has been crumbling since the late 2016, so the scam growth in Poland probably has been in a stagnant state for quite some time.



The case Recyclix


After UOKiK had investigated Recyclix and found it to be a scam, the president of UOKiK obliged Recyclix to give investors all the money back they had invested.

However, a Polish attorney Dominik Jędrzejko interviewed in the article says:
"It is good that the decision has been issued, but it is rather symbolic. There is no doubt that the company will not refund money to consumers, if it got into financial trouble much earlier."
From what I have studied the aftermath of Recyclix, it seems likely the attorney is sadly right. On the contrary, it seemed that scammers were even trying to milk more money from their victims. This is copied from a Facebook group titled "Recyclix Support":

... 
But since the company is not running, there is no payment source for us for our hard work and for this reason, we charge users with fees before we validate their refund request 
# We can't deduce those fees because all your investments and profit are by the owners of the financial accoutns and for them, deducing any amount from the total refund is considered as an illegal activity 
# We have no guarantee that users who will receive their refund are going to pay us the required fees later. This is why we charge them with fees before we validate their refund request 
# Our activities are legal and everything is explained in the T&Cs that was signed by the juridical courte of Poland 
...  

– By the sound of that I bet it was a Nigerian Prince sorting things out there. 

Recyclix scam preparing relaunch as Replastics?

Recyclix was a scam company who claimed returning sizeable profits from recycling plastic waste. The company was luring people to invest money through "crowd funding", which was actually just a pyramid scheme to rapidly grow the number of investors.

As many of the scams nowadays, Recyclix was a combination of a ponzi and a pyramid scam. The ponzi part of the scam was the mere fact that the company wasn't even doing any plastic recycling. According to Polish media Recyclix didn't even own any recycling plants

Albeit the company had no recycling business going on, it managed to fool a large number of victims all over the world to invest to the ponzi via a pyramid scheme. 

To fool its investors Recyclix went as far as participating recycling related fairs having its booth quite regularly appearing among real recycling companies. In fact this was a genius way to increase the credibility of this scam in a low cost way. 


The scam participating a fair.


Occasionally Recyclix also organised tours to some Polish recycling plants, which of course were presented like they were owned by the company. Videos of those tours were used to convince people about the legitimacy of the scheme. You can still find some on YouTube.


Recyclix organised tours to some scrappy looking Polish recycling plants to show the members that the piles of garbage were real. Here's a link to the actual video.


Replastics?




Recyclix scam collapsed in the early 2017. I'm not going in to details here – you can find plenty of them from this blog though. 

While snooping the crumbled remains of the pyramid, I noticed that the original website of the scam (recyclix.com) has been just recently altered to present a new company with "Replastics" logo on the top left corner. In addition to the URL word Recyclix can still be found on the website as "Recyclix sp. z o.o." is mentioned. This was the original scam company registered in Poland. Nevertheless, there might be no actual connection to the old company anymore as the scam team apparently dissolved.

There seem to be no operational scam going on... yet. However, considering that the very website was used to run the ponzi pyramid scam, I wouldn't trust anything presented there. It might be part of preparation for a relaunch of Recyclix as Replastics. Of course it's also possible to squeeze some more money from the old victims. 


Screenshot taken 11 January 2018 from recyclix.com website.

Friday, 5 January 2018

OneCoin - DealShaker's New Year's Flush!




2017 was supposed to be "the year of merchants" according to OneCoin/OneLife. Instead it has been the year of collapse and decomposition for the ponzi-pyramid with several top scammers leaving the sinking ship.

At the London event in June 2016 Ruja Ignatova presented her goal and vision: "1 million merchants and 10 million members in two years". During the same event comically pompous Ignatova also presented OneCoin's new slogan, "The Bitcoin Killer". Let's see what's the situation now, about one and a half year later.



Remember the vision?



The goal set at the London event June 2016.

At the moment the counters of DealShaker show about 55.000 registered merchants and a bit above 300.000 individuals who have ever logged in to the website. These figures are very small-scale considering that the company itself claims to have well over 3 million members.


This screenshot was taken 4 January 2018.

One can of course argue what's the credibility of a counter set by a notorious scam. Nevertheless, the counter on OneLife's website falls back from 10 million members quite a bit showing 3.3 million members at the moment.


Personally I would presume the scam having hundreds of thousands of members instead of millions. I base my estimation on following web traffic statistics available on Alexa.com and Similarweb.com, OneCoin's popularity on GoogleTrends compared to other search terms and scams. Also the amount of OneCoin's Facebook likes and general member activity online are modest for such a cult like movement of "millions of members". 


This screenshot was taken 4 January 2018.




DealShaker's New Year's Flush





At the very turn of the year almost 4.000 deals expired from DealShaker in an instance. All in all there was about 12.000 deals before that, so this means that about one third of the deals disappeared from the platform. Nope, this wasn't a huge success as a Christmas discount sales, but thousands of shitty deals just expiring. 

The graph below shows the amount of deals available throughout the year 2017 and also the deep fall of the available deals at the turn of the year.


The graph shows that the number of available deals is now about the same as it was in March 2017.

It's also worth noticing that from the registered 55.000 merchants only about 8.000 (15 %) have deals on the platform. The actual number of merchants having deals on the platform is even smaller, because there are a lot of merchants having several active deals. 


What comes to OneCoin's member base, during the first year of DealShaker only about 300.000 members bothered to log in to the website. This is rather strange considering that the company itself claims that there are "millions" of enthusiastic onecoiners out there. Even I myself have logged in to the platform a couple of times to check it out.

The failure of the platform didn't come as a surprise to anyone outside the cult. However, it's still used as a marketing tool for OneCoin despite DealShaker being an awful mess and merely pointing out the actual situation of the scam.



The growth of the DealShaker doesn't go along with the amount of deals


Despite the amount of deals has been fluctuating quite a bit and finally dropping with staggering 4.000, there has been a continuous and linear growth of merchants and logged-in-members throughout the existence of DealShaker.

According to the graphs below one should expect that the number of deals should have rising in a similar way. Instead there has been a very low participance from the merchant side with only a small minority of them actually making deals.


Click to enlarge.

Click to enlarge.




PS. Thanks to the contributor who helped with this article with the graphs, details and figures about DealShaker and the follow-up of the platform!

Friday, 29 December 2017

Wahlroos claims Ignatova disappeared 9th October 2017

I guess this is now the biggest opportunity of a lifetime. (– Nope, they aren't that transparent. I confess that I Photoshopped the picture a bit.)


After getting kicked out from OneCoin scam, Kari Wahlroos swiftly moved on to another disreputable MLM based cryptocurrency scheme called DagCoin. Despite just recently boasting about OneCoin being the opportunity of a lifetime, now Wahlroos states that OneCoin is "history".

The Facebook page of Wahlroos has his dismayed fans questioning him about the recent happenings. Let's have a look at some of the comments:



Kari Wahlroos has left the scam – with or without you.


Yeah, that must be really assuring to the victims of OneCoin.


Like this concerned OneCoin member addresses, Kari Wahlroos is now promoting DagCoin with identical sales pitches to the ones he used to promote OneCoin.

Wahlroos about DagCoin: 
"The best of the best ! Superior technology together with the perfect strategy !! This will happen - with or without you !" 
"This will be the biggest momemtum youve ever seen!! It is Now time to accept What is happening and Enjoy the ride! This will happen With or Without you!"

"Join the biggest launch ever happened in the Industry !" 
"Everyone...
I am no longer with OLN (OneLife Network)
And now I am on the mission to launch the worlds biggest network marketing and cryptocurrency company...
Therefore, the answers on All questions that you have - ask directly to OneLife company and/or your sponsor."


OneCoin closed Wahlroos's account with 50 million onecoins


According to Wahlroos his OneLife/OneCoin account with 50 million coins has been closed. Calculating the value in euros using the current artificial coin value dictated by the company, that's about 1 billion euros Wahlroos lost. He sure is taking this gigantic loss lightly.

One would suspect that Wahlroos would sue the company for this kind of unfair treatment, especially after: "feeling confident that what I have done has always been in accordance with the company guidelines provided to me."

Mostly he's concerned about the 2 million euros worth of investment he claims to have made to the company. However, I'm pretty sure he got paid very well from touring all over the world as an Ambassador and preaching about OneCoin – well enough to forget the actual value (= 0 €) of those 50 million coins.




Ignatova disappeared 9th October 2017


Wahlroos states on his Facebook comments that Ignatova disappeared 9th October 2017. As there is such a precise date for the incident, I would presume that Wahlroos or someone else had tried to contact her from thereafter without any success.




As far as known Ignatova hasn't made any OneCoin related public appearances since July 2017.


According to Wahlroos there was no communication for three months. Yet he had no problems promoting the scam until been sacked from the position of OneLife Scambassador.

Comments made about a week ago on Wahlroos's Facebook page.


Update 30 December:


Well, I believe this comment by Kari Wahlroos says it all:



Update 31 December - The Mighty Eagle


I think there's a valuable lesson in this video clip:



Happy New Year All!

Tuesday, 5 December 2017

Kari Wahlroos kicked out from OneCoin/OneLife



OneLife scam has announced today that the company has removed Kari Wahlroos from all his activities and responsibilities for the Network. 

Prior to the company's announcement the Facebook page belonging to the European Ambassador of OneLife was blocked from visitors earlier today (at the moment back online). For the past few weeks there has also been rumours about Wahlroos quitting OneLife and starting to promote some other scheme. 





According to Kari Wahlroos, his appearance at the Lisbon event in October was the event number 460 for him at the service of OneCoin/OneLife. As a keynote speaker in hundreds of events and scamventions he was trusted by the cult members as an official spokesman of the company.



The company accusing Wahlroos from misrepresentation and legal consequences


What's surprising is the tone and content of the announcement, which implies that the breakup was one-sided. The company goes as far as accusing Wahlroos from "consistent miscommunication and misrepresentation of the OneLife Network operations and strategy". This is rather strange from a company whose existence relies on scamming and running a ponzi scheme. 

Furthermore the announcement let's us know that: "The company has experienced serious legal consequences, following Mr. Wahlroos’ behavior on and off stage, indirectly damaging its credibility and reputation." – OneCoin/OneLife hasn't got any credibility or reputation that could be damaged, so that part is of course total bullshit. So far it's unclear what these legal consequences are, if there even has been any. However, it could be possible that the company has been pursued by law enforcement from somewhere, and desperate times call for desperate measures. 

Despite blaming Wahlroos from consistent miscommunication and misrepresentation, the announcement doesn't go to the specifics about these violations against the company. Nevertheless, this certainly ads some irony on those several occasions when Wahlroos was reprimanding OneLife members who had not been representing the company correctly. 

I think this case reveals the current decomposing state of the crumbling scam even for the cult-believers to see. We have already seen some top scammers and CEO's abandoning the ship. There's a lot of confusion and worries among the members. And now it seems that no one even knows how to represent this scam properly and be safe from getting kicked out. – Except of course Ruja Ignatova and her co-scam-management, who can lie freely and make false promises without any consequences.


As a loyal defender of OneCoin/OneLife scam, not even threatening with violence was out of the question for Kari Wahlroos.

Oh, here's yet another treat I happened to find while searching some of the latest videos with Wahlroos speaking. 
Kari Wahlroos educating OneLife representatives in Vietnam, Hanoi, August 21 2017:
"We are currently negotiating - or there are about ten countries that are seriously interested with changing their currency to OneLife."
- Yeah, sure.


Here's the whole announcement by OneLife:
COMPANY ANNOUNCEMENT 04/12/2017  
Effective today, December 4, 2017, Mr. Kari Wahlroos, will no longer serve the role of OneLife Network European Ambassador. 
This news follows a series of reports issued on his activities as an independent marketing associate. Due to consistent miscommunication and misrepresentation of the OneLife Network operations and strategy, the management team of OneLife has taken the unfortunate decision to demote Mr. Wahlroos from all his activities and responsibilities for the Network. 
The company has experienced serious legal consequences, following Mr. Wahlroos’ behavior on and off stage, indirectly damaging its credibility and reputation. 
As a company following an objective approach, all reports issued on Mr. Wahlroos were carefully investigated by a dedicated compliance team in order to determine the validity of the information provided. 
Reflecting on the recent events and the rapid growth of the Network in the past 3 years, 2018 will present a new leadership agenda, focused on giving more opportunities for training newcomers and developing newly qualified Leaders under the mentorship of trusted leadership trainers. 
Adhering to the Network’s vision on continuous personal and professional growth of its members, OneLife will present it’s trainings agenda for 2018 in Q1 of next year. The newly developed program involves more time, efforts and resources invested into growing a new generation of leaders and network marketing professionals, who will carry out the training agenda for 2018. 
The OneLife Network company is encouraging all members to fill in the Whistle Blower report if they experience ANY misconduct or breach of the IMA rules, by anybody, despite their ranking or qualification. 
The entire OneLife corporate team is grateful to be part of one big Family and are looking forward to making next year BETTER for everyone! Together for more.

Saturday, 18 November 2017

OneCoin Checkup - November 2017



A lot has happened after my last post about OneCoin. The ponzi-pyramid has been badly decomposing for months and the recent happenings only reflect the stinky state of the scam. 

There has been top scammers leaving the sinking boat. The fairly fresh CEO of OneCoin, Pierre Arens, quitted after barely six months of managing the ponzi. A scamvention was held in Lisbon in October. OneCoin launched an ICO website in an obvious haste.

But let's start with the Lisbon event that gathered the top scammers together. The weekend started with a gala dinner on Friday 6th of October.


Pierre Arens didn't show up at the scamvention.



Gala Dinner, Lisbon 6 October


During a Gala Dinner day before the event day, Global Master Distributor Sebastian Greenwood wasn't too happy with the failing DealShaker platform.


Greenwood admits the failure of DealShaker


21:30

"I think we set a goal in the beginning where we said: One million merchants in one year's time. - Okay, I have to slap everybody on the wrist. You know why? We have about 50.000 merchants and it has been six months. 
We are really failing here guys... We are failing on the merchants side."

- Well, you really didn't surprise anyone outside the cult with this. After all, there's a reason why the platform has been mocked as a DealShitter.

Alexa.com shows continuously decreasing traffic to DealShaker:







The Lisbon Event


Greenwood keeps on pushing the audience to do better.

8:00


"You only have 355 days to go. (before the launch of the coin)" ... "So if God called you and said you have only 355 days to live."

- I'm not sure if the best way to reassure victims of this ponzi is a metaphor implying that it's all going to end after 355 days.


"You are the supply of the coin."

- Yes, that's pretty much obvious to every onecoiner. No one seems to care though that there is no demand for the coin, nor there ever will be.


"Xcoinx was a very very basic platform, only for you guys to kind of understand how this cryptocurrency works."

- Well, funny that you put it that way, because Xcoinx was a disaster and it was very far from helping to understand how a cryptocurrency works.

Despite Greenwood belittles Xcoinx.com, the way the platform was marketed to the members during its launch begs to differ. This is how the official newsletter of OneCoin was praising the platform on its launch in November 2016:
"This is first step the toward making the OneCoin cryptocurrency PUBLICLY TRADED! The state-of-the-art currency exchange platform, which allows users to buy, sell and exchange cryptocurrency. Open 24 hours a day, 5 days a week, xcoinx meets all the needs of users, willing to delve into the innovative world of trading."

In reality the platform was full of expiring deals after the large majority of members were trying desperately to sell their coins. This lasted for a month or two until the platform was suddenly closed.


Greenwood continues: 
"That is not the platform (referring to Xcoinx) that this coin is gonna be traded on. So this is an exchange for the whole world. This exchange needs to have a license behind it. Any exchange today who exchange multiple cryptocurrencies or one cryptocurrencies needs a license."

- Pierre Arens had very different ideas about Xcoinx in July: 
"Xcoinx will be open again, and it will be open to the general public. Of course we will work like any other regulated company and we are working a lots of this to have the regulation in place."

OneCoin being a laughing stock around the world and a known ponzi might cause some problems getting it into any exchange platform. But then again, I really doubt that this charade will last long enough that missing an exchange will ever turn out to be a problem.

It's also worth noticing that even the management of the scam has different views on what to lie to the members and they have been constantly changing their game plan.





European Ambassador Kari Wahlroos, Lisbon 2017





So far I have found this part of the event only on Facebook:
https://www.facebook.com/1coinpower/videos/1601074009954846/

Like Greenwood also Wahlroos addresses his concerns about the amount of merchants registered in DealShaker platform.

Surprisingly Wahlroos brings up OneCoin's problems with keeping its leaders together and how some of the "big big boys" have left the boat.
"Yes, some are leaving. - Thank God! Do you know what, by the way? People are afraid. Do you know what happened actually? We made the best months ever. The company is breaking records again this year."
- What? Sorry, can't hear you from the crumbling ponzi-pyramid!



Wahlroos sets an example of violence



Wahlroos: 
"If somebody comes to say to me that: "OneLife is a scam." - Do you know what I do? I punch the face!" 
He ends the sentence by underlining it with punching his hand. Disturbingly there's some laughter from the audience and applauses.

Kari, this might come as a shock to you, but people who run legitimate businesses don't go threatening others with violence. In fact, as far as I know this is already the second time you have publicly threatened anyone opposing the scam with your fists. The previous documented threatening was in Munich November 2016.

Let it be known for the second time that I would have no problems whatsoever to tell my thoughts about OneCoin straight to Kari Wahlroos's face. - This is not a threat but a promise.



OneCoin's comical IPO failure


This is so ridiculous that I'm just amazed how some onecoiners still take the company seriously. OneCoin has been marketing its IPO plans heavily since the start of this year. In September they just quietly dropped the plans without explanation.

This is how it started. OneCoin published a video where Ruja Ignatova explained the IPO plans:
"This is why we're sharing our plans about 15 months in advance with you, so we all can prepare for the IPO of OneCoin. So we want to list the company OneCoin on the stock exchange in Asia, because currently still the majority of our customers is in Asia, China, Japan, Korea, Vietnam, Thailand, a lot of countries." ... " This is why we chose Asia for the stock exchange."

This is how Kari Wahlroos was marketing the IPO in April:
2 April 2017 Wahlroos: 
"I believe personally, it's going to be the world's biggest IPO ever."

... until completely changing his mind in November:


3 November 2017
Wahlroos answering questions on Facebook:

I don't think the company has yet officially brought up the dropping its IPO plans. The awkward news was first delivered by Muhammad Zafar via livestreaming on Facebook while visiting the HQ of OneCoin in Sofia.

The members were just left baffled about what happens to their OFC's (future certificates) that they had bought using onecoins. Now they don't even know how many worthless onecoins they will get with their OFC's.



Departure of Pierre Arens



After some serious thumb twiddling and not showing up at the Lisbon event Pierre Arens finally stated in late October that he had left the company. As Arens himself puts it, he considered having "a lack of leeway as a leader". 


I believe the real reason was Arens's total incompetence of being a ponzi CEO. I think he just didn't have the experience in scamming that was required to operate as a convincing and successful ponzi leader. No wonder he looked the whole time like holding a giant fart.


Pierre Arens sitting beside the queen of ponzi.



The departure of Arens was also commented by the company: 
"Official Statement from OneCoin Corporate Management This week OneCoin CEO Mr. Pierre Arens will officially step down from the position of OneCoin CEO. The decision was made after a mutual agreement and Mr. Arens, who will be ensuring the smooth transition of all projects undertaken during his management. The successor of Mr. Arens will be announced soon.​"
- Anyone else interested in ruining his reputation?




Forgotten Pablo Munoz



Pablo Munoz, the CEO of OneLife, unofficially not the CEO of OneLife.


Strangely the CEO of OneLife, Pablo Munoz, just disappeared from the management without the company giving any explanation. Neither has Pablo Munoz given a reason for his departure.



OneCoin launches an ICO that is not an ICO


After failing with its IPO strategy OneCoin obviously needed something big to distract the members from all the mind boggling things raising awkward questions.

Thus an ICO plan was rushed online: www.onecoinico.com. ... Strangely the company itself was quiet about all this. It seemed like OneCoin's scam-management was relying on rumours and to the network of scammers on letting the whole thing sink in to the victims.

Before launching the site there was a counter counting the remaining time for the big event:



And what happened after the time ran out of that counter? - A new counter was presented!



On October 25 the website was finally launched presenting the ICO plans of OneCoin by a new shell company, Golden Gate Investments.

However, it quickly became obvious that the website was published in quite a hurry. As opposers of the scam were proofreading the website and commenting about it, a lot of corrections seemed to been made shortly after their findings. 

What's left is still a mess.

The ICO website was supposed to start the ICO by letting anyone to register to the program. Yet there's still no way on the website to participate the ICO despite stated otherwise on Onecoinico's FAQ section:

"HOW TO REGISTER FOR THE COIN OFFERING?To register for the Coin Offering and receive OFCs, please go to www.onecoinico.io and click Sign In or Join. Then follow the steps of the registration process. Please select whether you prefer to participate as a company or an individual – depending on your choice you will be asked to submit the relevant KYC/KYB information."


The ICO website was launch by Golden Gate Investments LCC, which is a company just recently registered in Dubai. 

According to Kari Wahlroos on 3 November: 
"The Coin Offering is organized by Golden Gate LLC. This is an independent company of OneCoin and OneLife Network."

However, it didn't take long after Golden Gate Investments LCC was practically buried. A couple of days ago a new shell company was introduced. Now SILO Capital Group was supposed to manage the coin offering instead of Golden Gate Investments. The company informs on the website: 
"The involvement of Golden Gate Investments will be limited, supervising the communication activities of the Coin Offering." 

I'd suspect that OneCoin is yet again having problems with its shell companies, even though freshly incorporated. It's funny though that despite SILO Capital Group being in charge now, the website still has all the old information implying that GGI is the company running the show. 


The Terms & Conditions section let's us know that this isn't an ICO after all by stating: 
"The GGI offering performed will not include or in any other way involve issuance of any currency, securities (whether equity securities or otherwise) or other kind of investment certificates and/or instruments. The OFCs to be sold during the offering are merely cryptographic units, that enable the usage of and interactions with services enabled, if successfully completed and deployed."
- Okay. Then why is it called COIN offering? Why is OneCoin referred as a cryptoCURRENCY for example on onecoin.eu?


The announcement published by SILO Capital Group also states:  
"The structure of the Coin Offering and the Token Model will be described in the White Paper, published in Q1 2018." 

What? I thought there already was a white paper? I suppose there's a new blockchain coming in the beginning of 2018 then.

Thursday, 9 November 2017

Global InterGold lost yet another bank account in Philippines


Global InterGold has been changing banks like socks in Philippines


Yet another bank account held by Global InterGold via its shell company has been presumably frozen. The bank account in Security Bank in Philippines was active less than two months before the bank details were removed from the bank account list visible in user accounts.

It's obvious that the authorities in Philippines are well aware of Global InterGold's banking efforts there. Despite continuos problems with banks the ponzi has been acquiring new bank accounts in Philippines by using the exact same shell company, Value Gold and Precious Metal Inc.

The list of active bank accounts of Global InterGold still has the Bulgarian bank accounts held by MD7 Trade Ltd. This is rather strange considering that European banks have been quite strict with bank accounts belonging to obvious ponzi scams - at least when informed about them.

MD7 Trade Ltd is connected to an embezzlement scandal in Greece.


Here's updated list of Global InterGold's present bank accounts and their holders:





International Asset Bank
Bank recipient:
International Asset Bank
Bank address:
1303 Sofia, 81-83 Todor Alexandrov Blvd., Bulgaria
SWIFT:
IABGBGSF
Beneficiary:
MD7 TRADE LTD
Beneficiary's address:
Sofia 1407, Lozenets area, No. 103 James Bourchier blvd., 1st floor
Beneficiary's account:
BG55IABG80741400112801




UNITED BULGARIAN BANK
Bank recipient:
UNITED BULGARIAN BANK
Bank address:
5 St. Sofia str., Sofia 1040, Bulgaria
SWIFT:
UBBSBGSF
Beneficiary:
MD7 TRADE LTD
Beneficiary's address:
Sofia 1407, Lozenets area, No. 103 James Bourchier blvd., 1st floor
Beneficiary's account:
BG71UBBS80021450283810