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Wednesday, 21 June 2017

OneCoin - Reps using fake news



After losing all public bank accounts OneCoin has had, the scam has been withering away in Europe for months. In addition to serious banking problems also regulators and authorities have been closing in on OneCoin in Europe. All this has driven the top scammers from EU region to concentrate heavily on screwing people in Asia, Africa and South America.



Norway is going to be no way for OneCoin's ponzi business


There are countries in the EU region such as Germany and Italy who have already banned all activities of OneCoin. 

Also Norwegian authorities are now closing in on OneCoin. A letter dated 6th of June from the Norwegian Gaming Board directed to OneCoin /OneLife states:

"The Lottery Authority asks you to provide names and addresses of those who operate OneLife OneCoin in Norway by receiving revenues from OneLife OneCoin and are members resident in Norway. We also want to be informed of which Member State / Title the different persons are hair. Please send us this information as soon as possible and by 20 June 2017."

The deadline to fulfil Gaming Board's request was yesterday. Unless OneCoin's Norwegian representatives were even able or willing to provide all the necessary information - which I seriously doubt - there are going to be consequences:

"Failure to fulfill the documentation requirement is penalized, cf. section 17 of the Lottery Act."

It remains to be seen what happens next. So far there has been no statements from OneCoin regarding the situation in Norway.



OneCoin - The Future of Delayments


All OneLife Network Ltd can do at this point is to come up with new ways to delay the inevitable end of the scam. Closing Xcoinc.com, DealShaker and IPO/OFC plots just keep this end of the charade dragging on.

Google Trends has been showing declining interest towards OneCoin starting from the mid November 2016. Comparing its chart next to the one of Recyclix, which is a ponzi pyramid that already collapsed, noticeable similarities can be seen how these collapsing scams attract less and less attention. A significant difference between OneCoin and Recyclix is that the latter went down very quickly after losing its bank accounts. OneCoin on the other hand can still operate through some shady bank accounts and extensive money laundering.




It goes without saying that these graphs are not showing growing networks. Also bear in mind that Google Trends shows the overall popularity of a search term - including searches done by both sides, those who are members and those who are not.



OneCoin reps spreading fake news


As a countermeasure for all bad press OneCoin reps like to spread fake news to lure gullible people to hand their savings to them. The reps are known to also advice people not to search information about OneCoin from Google. That's because there's already so much information available revealing the scam as it is.




Vietnamgate


The latest fake news launched was about Vietnam's government issuing a trading license to OneCoin:


There was only a photographed document in Vietnamese to support the claim, but that didn't stop the scammers from using it as a proof. A Vietnamese newspaper ĐẤU THẦU published an article yesterday revealing that the document was in fact forged.


Olympicgate


At OneLife event in Tokyo 2017 OneCoin's new CEO Pierre Arens goes as far as exploiting Olympics to promote the ponzi scam:
"We want to be the number one cryptocurrency to be used for Tokyo 2020...
So that all athletes that come from around the world, the journalists that come from around the world, they do not need to exchange their local currency to Yen, they can of course do that, but it’s much easier for them just to go into a shop, buy their tickets online and pay with OneCoin. So here we are, ladies and gentlemen."

- I wonder what the International Olympic Committee might think about that bullshit you shat from your mouth, Pierre.

Tuesday, 13 June 2017

OneCoin - Greetings to the Sofia office!


Greetings to you, dear visitor from the headquarters of the ponzi!










Now that I know there are employees - maybe even Dr. Ignatova herself - from OneCoin's office popping by every now and then, why not spend a while answering some questions? I mean, you could easily clean the name of OneCoin by answering some simple questions. Well, I know you won't, but aren't we having fun already?

And just to make clear to everyone that you have been visiting, here are some statistics of my blog:




All in all there has been 66 sessions since 19 August 2016 originating to a service provider "sot scurity technics" located in Sofia. I had already been suspecting that the service provider in questions might be referring to visits made from OneCoin's headquarters. Just recently visits referring to a "ticket" emerged and confirmed my suspicions.

OneCoin's customer service uses a ticket system to handle any questions the ponzi victims might have. So it's obvious that a member has made complaints or questions about my blog to OneCoin's customer service. Hence the visits referring to the ticket system.

I find it likely that the vast majority if not all the visits from sot scurity technics came from OneCoin's headquarters.



Question time!


Well, what to ask you, dear representative of OneLife Network Ltd. There are so many questions, many of them already asked in this blog without any answers given. Not even by onecoiners. 

Well, here we go!
1. What is the education included in the most expensive education packages you sell? For example those top four on this list: 

 
Bonus questions: What's the point selling combo packages? Why is it even possible to buy several identical education packages, let alone a member having multiple accounts all with same education packages? Aren't you supposed to sell only education?

2. Why did you lie about having a blockchain? - It's evident that you haven't had one, so we can cut the bullshit. 

3. Why wasn't the White Paper published?

4. What's the point of the KYC procedure when you're supposed to provide a cryptocurrency to people without proper documents for identification? OneCoin's KYC procedure prevents anyone without an ID to even possess any coins. 

5. Why has Ruja Ignatova been lying? For example: 
- She has claimed having no experience related to network marketing prior to OneCoin. However she was involved in BigCoin scam before OneCoin. 
- When asked in 2016 why almost all coin sell offers tend to expire, she claimed it was caused by the time difference: "When you're awake China sleeps." This was just utter illogical nonsense that had no relevance to the inner market place. 
- She has been implying being a cryptocurrency genius creating a cryptocurrency called OneCoin. However, there hasn't been a cryptocurrency. Just toy money.

Alrighty, just five questions for now. You are spending time here anyway so there's no reason not to clear these things that cast an enormous shadow over OneCoin/OneLife... Unless, of course, it's a ponzi pyramid scam.

Oh, just one additional question. How can you work for an international ponzi scheme? Does it require anything else than total absence of moral backbone?

PS. Thank's to the member ticketing the customer service! You know who you are.



Update 14 June, 2017 - The day after:


Among today's visitors:


Some details (not visible on the screenshot) indicate that those visits were made by three individuals.




Friday, 2 June 2017

OneCoin - the unpublished White Paper




Well, it has been almost four weeks after the event in Macau. I guess at this point it's safe to say that OneCoin isn't going to publish the White Paper it had bought from DXMarkets. Deciding not to publish it makes the whole point of having a white paper totally meaningless and only raises suspicions about its content.

OneCoin's new CEO Pierre Arens and the unpublished White Paper.


Instead of publishing the White Paper the management of the ponzi seems to have released it only to an inside group. I have been informed that there's a message attached, which forbids from sharing the White Paper with the outside world. This forbiddance to reveal the document only speaks for itself. After checking out the White Paper it's easy to understand why they wanted to hide it from outsiders.

Of course we can't be 100 % sure if this copy was meant to be the actual and final version of the White Paper by Marcelo Garcia Casil. Whatever the case, OneCoin is now exploiting it to wipe away any worries the cult members might have.

The document is 11 pages long including the cover. It's of course supposed to be about OneCoin, however it takes all the way to page 8 until the subject actually arises. This paper is very far from convincing anyone about OneCoin being a legit cryptocurrency. We already know that
Marcelo Garcia Casil wrote it about a blockchain delivered by DXMarkets. So the document has nothing to do with the blockchain OneCoin claimed to possess.



OneLife Network Ltd given a cease and desist order in Belize


After getting banned in Germany and Italy the latest crushing blow was given by tax haven Belize where Onelife Network Ltd is located. The financial regulator of the country has given a cease and desist order to the company on 29 May:
"It has come to the notice of the International Financial Services Commission of Belize (IFSC) that an entity calling itself ‘One Life Network Limited’, an International Business Company registered in Belize, is conducting trading without first obtaining the required licence from the IFSC. 
This entity is not licensed/regulated by the International Financial Services Commission or any other competent authority in Belize to conduct any type of trading business. 
One Life Network Limited is therefore directed to cease and desist from carrying on with the said unlicensed activities which constitute an offence under the laws of Belize."

The ponzi ship must now sail to find a new haven to anchor itself. However, finding a new spot might be trickier than ever. OneCoin has over 20 bank accounts frozen, an increasing number of countries warning about the scam, representatives of the company getting arrested, police investigations going on, more and more bad press about the scheme follows, and so does the overall bad reputation grow accordingly.



Some graphs


These graphs indicate that OneCoin/OneLife scam has been in decline ever since the company lost the last one of its bank accounts.

Alexa.com shows the popularity of Onelife.eu. Despite OneCoin has been bragging about its constantly growing member count the traffic to the website has been declining after November 2016.
OneCoin went unbanked on 14 November 2016.


The graph on Similarweb.com goes along with the one on Alexa.com.





The popularity of DealShaker.com is showing a beginning of a nosedive:


Recyclix trying to pay its way out from the deep shit?




This tragicomedy just keeps on continuing. You can read about the previous developments of the two sides arguing from my earlier blog post 19 May.

Earlier this week the side running the official webpage recyclix.com published bank statements of an account held by reCyclix sp. z o.o in Czech bank ČSOB. The pdf files seemed to be genuine bank statements revealing hundreds of pages detailed information about deposits to and from the company's account.

Yesterday the other side running the so called official blog of the company published a statement condemning the measures of their enemies who they refer as "Raiders". Yaroslav Mikhalsky (presumably a fake name) running the blog also shared a list of Recyclix members who are included "in the first phase of the compensation provision program". The list contains 700-800 member accounts with an identifier code and individual amounts to be refunded. As Recyclix has claimed having around 1 million members, I guess the procedure to compensate the victims could take some time.

However, as far as I understood the "refund amounts" are only partial sums to compensate the original investment lost. Even then I have serious doubts whether all the members will be refunded - if any at all. It could be just delay of the game tactics.

As I have said before, neither side of the scam should be trusted. It seems that the scammers are now grabbing on anything that could buy some more time and prevent the members from filing police reports about the case.

Friday, 19 May 2017

Recyclix scam - The Game of Ponzi continues



It's been a while since my last post about Recyclix. After the ponzi pyramid collapsed I thought there wouldn't be much to post about the scam anymore. Just closing credits and few words of advise to the victims from my behalf.

However, there has been some crazy statements and claims by the scammers lately, which made me come back to this issue.

The last post I had made about Recyclix was published 7th of May. What we had learned by then was that apparently there are two separated scammer groups or individuals bashing each other online now. 

The other one has access to control recyclix.com and the other one seems to control company's official Facebook page and an "official blog", which was set up after the collapse of the scam. Both sides blame each other for illegal actions, and they both claim to work hard for the members to get their funds back. - Yeah, right!

I repeat what I have stated before: Neither side should be trusted. Victims of this scam should contact police and file a crime report. 

Recyclix was a ponzi pyramid scam. The payments to the existing members were made from the money collected from new recruits as well as luring existing members to invest more money to the scam. The business was not about recycling plastic but recycling money to the top scammers.



Class action suit?


I'm aware about some members trying to work out a class action suit against Recyclix. However, I believe that proceeding through lawyers isn't the right way at this point. These are scammers we are talking about. They are not sitting still and waiting for the ponzi victims to approach them with lawyers. I bet the actual scammers have abandoned the company as soon as they saw the collapse coming. 

It is also possible that they have appointed some stooges as directors for the existing companies to take the blame.

I strongly doubt that an ultimatum from a law firm will do any good what comes to getting anyone's money back. The more time is spent, the more time is given for the fraudsters to cover their tracks.

But back to the scam soap...



The story continues...



The House of Crisis Team



The Crisis Team started posting messages 17th of April. Here's my blog post about the first letter.

On the contrary to the other team the leader of this crisis team reveals his name. However, I doubt that this " Yaroslav Mikhalsky" is a real person.

The crisis team controls the official Facebook page and the official blog. They have posted five times on their blog page about the proceedings of their "internal investigations". I'm not going through all that bullshit here, because there's no point taking seriously anything the scammers post.

However, let's check out some details about the latest post made 18th of May and titled "Latest News and Developments: Progress of Investigations and Current Events".

"Over the last several weeks we have been drawing up and preparing all necessary papers—claims, complaints, testimonies, and so on—for submission to the bodies of law enforcement and private companies in the United Kingdom and the Czech Republic concerning illegal activities of Dainis Vasiljevs and Igor Pshenychnyi. And we can already see the progress.


For example, we have received the answer from the Action Fraud, the UK National Fraud & Cyber Crime Reporting Centre, about the illegal acts of Dainis Vasiljevs who has stolen money of Recyclix members through BEPAY for embezzlement purposes. The case is currently being assessed, but please be sure to get acquainted with the letter from the Action Fraud over here."
- Yeah, right! I'm just guessing here, but Dainis Vasiljevs and Igor Pshenychnyi might be real persons. The reason behind giving their names might be just to divert the victims of Recyclix.

I don't know what the referred letter to the Action Fraud has to do with this case. There are some details covered with a black box on the letter. 


Removing the black boxes with some computer voodoo tricks reveals a name of a law firm and apparently one of its lawyers, Marina Williamson. Sterling Lawyers seems to be a law firm located in the U.K. It is not clear if the letter has anything to do with Recyclix scam.





The House of Recyclix.com


3rd of May Recyclix.com came back alive and started posting statements on a message window. The user accounts in Recyclix.com are not accessible. The fist message claimed by an anonymous writer that there was a new management in charge. The writer claims that the new management is working for the members to get their funds back.


"Actually, the company is managed by a structure that represents the new owners of the company and has nothing to do with the former management, with the exception of the company's debt obligations to new owners. Currently, a real trial and internal audit of the activities of Recyclix will be carried out. There are hopes that we will be able to restore the lost funds and / or the work of the company. 
We will inform you about important changes on this page. Visit the page daily and do not miss out on information. It is worth noting that the information published on alternative resources (eco-revolution, groups in social networks, etc.) comes from the previous management of the company and does not correspond to reality."


6th of May a new message was posted:
"The investigation gets first results. 
Cooperation has been established with the investigative bodies of the Russian Federation (in particular, the CSG of the RF in St. Petersburg), lawyers from Finland, Poland, the Czech Republic, and a private detective agency CBS. 
The next stage will be gathering information and preparing for a collective lawsuit. We are requesting all depositors to prepare all possible materials confirming the transfer of funds to the accounts of Recyclix. 
Recently started audit of the company showed that the previous management withdrew all the company's assets, bank accounts were also emptied. We are making all the best to return funds and assets."

9th of May a message was published intimidating the old management attached with pictures of the group members.




"An appeal to the former leadership of Recyclix. 
You have made certain contractual obligations to invest in your company and pay the agreed dividends. You stopped doing them. We call upon the former leadership of Recyclix, as promised, to contact us within 24 hours of the publication of this message. We want to appoint a time and place, sit down at the negotiating table and discuss options for returning investments to investors and ensuring the normal operation of the enterprise. All assets must be returned to the company. 
Otherwise, measures will be taken to disclose materials that were obtained as a result of an investigation by an independent detective agency. It is about information about cash flows on the company's account for the last 1.5 years, about beneficiaries, about investing in business, about the involved persons, bank account numbers, personal data, etc."



Conclusion


If there still are any Recyclix victims believing in the words of the scammers, you should ask yourselves the following questions:

- Why would any "new management" be interested in acquiring the remains of a company and its collapsed ponzi pyramid?
- Should you rely on the ponzi company to run their own "internal investigations"?

Just in case the blog of the Crisis Team vanishes, here is all the text from the site copy pasted:


MAY 18, 2017Latest News and Developments: Progress of Investigations and Current Events
Dear participants of Recyclix,
I would like to share with you some new facts about the illegal takeover of the company and crisis management program as well as to take my time to send a brief message to the intruders.
Following the publication of our message to the illegal intruders on May 9—whoever they may be—we haven’t yet received any kind of answer from them and saw neither their names nor contact details published anywhere. We would like to ask these people to stop hiding and get in touch with us, better if it would be done publicly, so that we can arrange a meeting at our office in Riga, Latvia.
And whilst we are waiting for the answer from the intruders, we would like to tell you about new developments in the situation with the illegal takeover and show you some documents that were presented to the law enforcement agencies as the evidence of money embezzlement and unlawful takeover.
Over the last several weeks we have been drawing up and preparing all necessary papers—claims, complaints, testimonies, and so on—for submission to the bodies of law enforcement and private companies in the United Kingdom and the Czech Republic concerning illegal activities of Dainis Vasiljevs and Igor Pshenychnyi. And we can already see the progress.
For example, we have received the answer from the Action Fraud, the UK National Fraud & Cyber Crime Reporting Centre, about the illegal acts of Dainis Vasiljevs who has stolen money of Recyclix members through BEPAY for embezzlement purposes. The case is currently being assessed, but please be sure to get acquainted with the letter from the Action Fraud over here.
A public notary who signed the forged general power of attorney has given his consent to cancel the validity of the document after a visit by Recyclix’s director, Alexander Suranovas. Therefore, we expect to recover access to the original website of the company in the shortest possible term.
Apart from it, we are publishing this payment order confirmation — proving the existence of the transaction in the amount of €840,000 from the BEPAY account in Czech CSOB bank to the account of a certain Aleksin Kauppahuone OY in the Finnish department of Nordea bank—and we are demanding the evildoers to provide answers and explications on account of this image.
Also, we would like to let you know that Alexander Sivaks, one of the founders of Eco Green Line SIA entity we mentioned in our internal investigation, was questioned by a criminal investigator on May 10 in Riga concerning the origin and current whereabouts of the funds that he received for alleged construction of new recycling plants. Since questionings of shareholders of the group of companies that Recyclix was composed of will continue, we expect that the persons who are currently managing Eco Green Line SIA would try to declare the entity bankrupt in order to withdraw from the responsibility.
The case of Igor Pshenychnyi and his partners in crime is currently tackled by the Czech Republic police and later on this week we expect to receive new information from the Czech law enforcement agencies about the progress of the case and the whereabouts of the money stolen via BEPAY. As soon as such information has been provided to us, we will share it with you with pleasure.
Personally we believe that the pressure applied to the group of illegal intruders—who have not even revealed their names yet—by the police will make them disappear as quickly as they appeared.
When it comes to the implementation of the crisis management program, we would like to advise you beforehand that there may be certain delays in the first phase of compensation provision process due to a class action lawsuit currently prepared against the company. In case if the lawsuit will be pursued and won, the court and only the court will decide the process, amount, and deadlines for the compensation provision program via selling off of all assets and property of the company.
Currently a group of highly experienced lawyers in Poland, the Czech Republic, the United Kingdom, and Latvia are working for our team and will continue to do so for over a year in order to help the company through this chaotic period of time. We are willing to take our time and collaborate with judicial bodies and law enforcement agencies in order to ensure seamless implementation of the compensation provision process.
In the coming days and weeks Gabriel, who we think is the originator of a series of offences and attacks against the company, will probably try to abscond and avoid any contact with the law enforcement bodies because he is involved in commitment of several crimes at the same time.
Firstly, he tried to illegally take over BEPAY company, which can be proven using a document at our disposal. Secondly, he laundered funds transferred from Recyclix to fly-by-night companies. Thirdly, he illegally took over Recyclix and its domain and website.
On top of that, he partnered with Sergey Vasiljevs during the takeover of BEPAY and hired members of the criminal community in Prague, a group operated by Karen K*****n and Ramzan “Prazhskij”, so that they would blackmail and intimidate the old management team of Recyclix who refused to fulfil his demands that were against the law.
As a finishing touch to this newsletter, I would like to state that the persons who act on behalf of Gabriel are losing their time. Their attempts of blackmailing and intimidating will fail and Gabriel will receive neither any moral pleasure out of this confusion nor the money that he is after.
We would like to strongly recommend you not to provide your personal data to anyone who may be illegally taking actions on behalf of Recyclix or BEPAY if not explicitly stated otherwise on ecorevolution.com or the official Facebook page of the company. Also, please be sure not to take seriously any information about Recyclix unless it’s published on the official mirror website, ecorevolution.com, or in the official Facebook group of the company.
Remember that you can use ecorevolution.com website in order to login to your Recyclix account if you would like to access any information located in your member’s area, making sure that your earnings are safe.
Until the official Recyclix website page is recovered from the team of illegal intruders, updates about the progress of the crisis management plan, company fiscal and property audit, governmental investigation, and legal cases will be published by our team members via the official mirror of the Recyclix website and its Facebook page in English.
Yours sincerely,
Recyclix Crisis Management Team
Yaroslav MikhalskyPOSTED ONMAY 9, 2017Official Message to the Illegal Intruders from the Recyclix Crisis Management Team

In this message I would like to address the group of illegal intruders, whoever they may be, and tell them my thoughts and opinion about this unlawful action in a public way.
Private detectives hired by our team already tried to locate and contact Igor Pshenychnyi, who is officially wanted by the police in Czech Republic for a car theft, but so far it was not possible to detect this individual because he is apparently hiding.
My message to the group of illegal intruders will be brief. Firstly, I am asking you to publicly present yourselves to the participants of Recyclix and our team and explain, in detail and publicly as well as with provision of evidence and proofs, on what grounds you should be considered the true new management team of Recyclix.
Secondly, when it comes to the negotiations on the process of returning the funds, we are willing and eager to do this, but only in a legal and public manner through our lawyers.
Therefore, I am asking you to publish the contacts of your team of lawyers, as well as any other contacts that we may use to get in touch with you, on recyclix.com website.
And I would to repeat it once more. From now on all communications between our team and you, whoever you may be, shall be carried out in a public way.


Sincerely,
Recyclix Crisis Management Team
Yaroslav MikhalskyPOSTED ONMAY 6, 2017Announcement of the Internal Investigation and News on the Progress of the Crisis Management Program

Dear investors of Recyclix,
I am Yaroslav Mikhalsky, the chairman of the new management team of Recyclix, and in this crucially important message I would like to share with you the completed internal investigation into the the activities of Recyclix and the reasons behind the illegal takeover of the company as well as give you the latest details on commencement of the process of provision of the compensations.
However, before getting down to explaining in which way and when the compensations will be paid, I would like to cover the issue of the illegal takeover of Recyclix by Igor Pshenychnyi and the respective internal investigation into that matter that our team has prepared.
ON THE ILLEGAL TAKEOVER AND INTERNAL INVESTIGATION
As you have probably noticed, currently recyclix.com website cannot be accessed. This is associated with the illegal actions of the team of evildoers who—like we told you in the previous newsletter—have managed to forge the official documents and unlawfully get hold of the company.
Fortunately, we have succeeded to establish the identities of these individuals as well as reconstruct negligent actions of the old management team of the company and the events that led to this chaotic and unpleasant situation.
All important facts about the true story behind what was happening at Recyclix when it was managed by the old executive team are presented in the internal investigation that I would like to share with you.
PLEASE READ THE OFFICIAL INVESTIGATION OVER HERE
Remember that it’s very important to take your time to get familiar with this document in order to understand the current situation of the illegal takeover as well as to get ourselves prepared for a smooth and seamless process of the compensation provision.
Just like we promised in the latest update in the official Facebook page of the company, as a further evidence of the illegal takeover of the company we provide you with the originals of the forged unlimited power of attorney — featuring the names of lawyers who performed this illegal action—used to get hold of the company by Igor Pshenychnyi on behalf of the group of intruders uncovered in our investigation and the text of the legal claim against Igor Pshenychnyi on behalf of the director of Recyclix, Aleksandr Suranovas.
As soon as the claim has been successfully reviewed by the court, Aleksandr Suranovas will be reestablished as the director of Recyclix in order to pass the ownership of the company over to our team for completion of the crisis management program and payment of the compensations.
Also, we reckon that the group of people who illegally took over Recyclix are currently reading this newsletter. This is why we are asking them to make a public statement, disclose their identities—although this has already been allegedly done in our internal investigation—and communicate what they want to our team and the investors of Recyclix so that we would be able to resolve this situation in a lawful way and give the investors their funds back.
ON PROVISION OF THE COMPENSATIONS
As of now, the recycling process on all accounts has been stopped and in the following days you will see that all your waste, if available, will be sold. All your account earnings will be automatically combined into one withdrawal order—whilst if you have already had requested a payout earlier and it has not been made yet, it will be also added into the final withdrawal order—the ID of which will be later on sent over to the the crisis management center in order to put you in the queue for subsequent provision of the compensation.
We believe that, just like in case with the illegal takeover of the company on behalf of Ruslan Puksto by the same individuals, this time the legal process of getting the company back will not take much time and will not influence the dates of commencement of the first phase of the compensation provision announced earlier, which is June 2017.
In the previous newsletter we mentioned that a part of the funds meant for provision of the compensations is currently kept in Latvian Citadele bank. As you have found out from the internal investigation published above, these funds are now undergoing an official investigation by the Latvian police and will be released within 6 months. Once these funds have been released, they will be transferred to the crisis management center and will be used for the second phase of the compensation provision process.
We would like to strongly recommend you not to provide your personal data to anyone who may be illegally taking actions on behalf of Recyclix or BEPAY if not explicitly stated otherwise on ecorevolution.com or the official Facebook page of the company. Also, please be sure not to take seriously any information about Recyclix unless it’s published on the official mirror website, ecorevolution.com, or in the official Facebook group of the company.
Remember that you can use ecorevolution.com website in order to login to your Recyclix account if you would like to access any information located in your member’s area, making sure that your earnings are safe.
Until the official Recyclix website page is recovered from the team of illegal intruders, updates about the progress of the crisis management plan, company fiscal and property audit, governmental investigation, and legal cases will be published by our team members via the official mirror of the Recyclix website and its Facebook page in English.
Yours sincerely,
Recyclix Crisis Management Team
Yaroslav MikhalskyPOSTED ONMAY 4, 2017IMPORTANT RECYCLIX UPDATE

As you may have noticed, currently recyclix.com website is not available. This has to do with the illegal takeover of Recyclix by Igor Pshenychnyi, which we told you about in the previous newsletter we published on the official mirror of the company’s website, ecorevolution.com.
We would like to let you know that this situation will be dealt with in the near time in a lawful manner as we have already brought a legal action against the group of these illegal intruders.
The internal investigation by our team that we mentioned earlier has already been completed and we managed to gather and establish the important facts about the illegal takeover, individuals behind it, and what exactly caused it.
The internal investigation and several positive news about the progress of the crisis management program-as well as the originals of official documents such as the legal action against the evildoers, forged papers used to carry out the illegal takeover, and more—will be published in our newsletter on ecorevolution.com later on this week.
In the meantime, we strongly recommend you not to take seriously any information about Recyclix unless it’s published on the official mirror website, ecorevolution.com, or in this Facebook group.
Remember that you can use ecorevolution.com website in order to login to your Recyclix account if you would like to access any information located in your member’s area, making sure that your earnings are safe.POSTED ONAPRIL 17, 2017MEET THE NEW RECYCLIX MANAGEMENT TEAM: MESSAGE TO PARTICIPANTS

Dear investors of Recyclix,
My name is Yaroslav Mikhalsky and I will serve as the chairman of the new management team of Recyclix and together with my colleagues we will be handling the crisis management program and ensuring that this procedure is performed in an inclusive and efficient way.
As you might have seen it in the latest update post on Facebook, we already announced the approximate dates when provision of compensations to the Recyclix participants will commence. For those users who haven’t had an opportunity to get familiar with the post, I would like to repeat that it’s estimated that the process of provision of compensations would start in June, whilst from now on all news on the progress of the crisis management plan and current events will be published by our team members on Recyclix’s website and its official Facebook page in English.ON CRISIS MANAGEMENT PROGRAM
My colleagues and I believe that transparency and clarity are crucial when it comes to achieving any goal in a big company—especially if it has to do with management of funds—and this is why now I would like to tell you more about the crisis management plan that Recyclix will launch in the nearest future.
All compensations will be paid through a special crisis management center that will be opened in the short term. Funds for provision of compensations were already partially allocated and as soon as the crisis management center have been opened and our team has finished the thorough fiscal and property audit of the company, the process of the compensation provision will be started.
For purposes of enhanced transparency an oversight committee consisting of members of Recyclix themselves will be formed. We will be informing you the progress of the crisis management program in the next newsletters as well as on the official Facebook page of Recyclix.ON CURRENT EVENTS
There’s another important thing that I would like to let you know about in this newsletter as our team has found a couple of strange things about Recyclix following the commencement of the company’s fiscal and property audit.
You may have heard about the issue with Ruslan Puksto who tried to illegally take over the company by forging the official documents back in January 2017. Unfortunately, it turns out that a similar situation took place once again on March 23 due to unknown reasons, most probably by the way of forging the official documents too, and currently Recyclix is being illegally controlled by a certain Igor Pshenychnyi. You can review the official legal information about the company over here.
For enhanced safety the funds allocated for provision of compensations were stored in Latvian Citadele bank as well as on the accounts of BEPAY company. However, last week a large payment has been made to a Finnish branch of Nordea bank without consent of BEPAY management board.
Nordea bank has been already contacted about it, but we still haven’t received either definite answers or solutions to this problem. This is why we would like to kindly ask all of you who made payments to Recyclix via BEPAY company to get in touch with Nordea bank using this complaint letter template COMPLAINT LETTER TEMPLATE at tradefinance.helsinki@nordea.com and demand for a financial fraud investigation to be carried out.
Aleksin Kauppahuone OYIBAN: FI8317453000088965BANK: NORDEA BANK FINLAND PLCSWIFT: NDEAFIHHTEL: Calls from abroad ‎+358 200 70 000 (international call charge)
And though upon arrival at Recyclix our team was not expecting such difficulties to arise, all necessary documents for the commencement of an official investigation have been already handed over to the law enforcement authorities. A very similar case—an illegal takeover of the company that happened back in January—was solved in a rapid way thanks to the hard work of investigating officers.
We would like to let you know that these investigations should not affect the estimated dates of the commencement of the compensation provision plan announced earlier, especially if as many of you as possible will contact Nordea bank and ask them to launch an investigation into the unlawful financial transaction from BEPAY company to their bank.
Apart from this, the initial phase of the company’s fiscal and property audit has shown that the previous management board of Recyclix tried to cover embezzlement incidents by some of its members. Our team has already launched a special internal investigation into such facts of misappropriation of funds by the old management team.
At this point I would like to bring this newsletter to a conclusion and let you know that it will be a pleasure to work with all you in the following months to ensure a seamless process of provision of the corresponding compensations.
Please make sure to contribute to the efficiency of the compensation provision procedure by contacting Nordea bank using the complaint form above in case you made payments to Recyclix via BEPAY.
Remember that updates about the progress of the crisis management plan as well as the governmental and internal investigations will be published by our team members via the official Recyclix website and its Facebook page in English.
Yours sincerely,Recyclix Crisis Management TeamYaroslav Mikhalsky

Thursday, 18 May 2017

Global InterGold's global event in Helsinki Finland 16-17 September 2017

While searching information about this scam I happened to notice that there's going to be a global event in Helsinki Finland during 16-17 September 2017. The venue of the revival meeting is Scandic Marina Congress Center.

According to this Finnish site promoting the event, there are going to be top leaders around the world. However I couldn't find any news about the event from Global InterGold's web site nor from the company's Facebook page. So it might not be as global as the Finnish web site is implying. By the looks of it I would suspect that the event is heavily marketed mainly to Finnish scam-victims-to-be.


More fresh news about Global InterGold:
Global InterGold lost yet another Philippine bank account

Friday, 12 May 2017

OneCoin's event in Macau 7 May 2017

OneCoin's event in Macau happened after all despite GerlachReport's article about the event being canceled. I was rather suspicious about the news, since police forces don't usually leak their plans before making busts.

I watched a 1 hour and 40 minutes long video of the event. Thank God you can speed up YouTube videos with sound enabled. 

I knew already that nothing much interesting happened there, even the rumored publishing of OneCoin's White Paper didn't happen during the event. Nevertheless, let's go through this: 


2:00

A man named Jackcha is on the stage at the beginning of the video:
"If you want something really, really, really, really, REAAAL-LY - if you want it, the entire Universe will help you to achieve it."

- I'm not kidding! That's really, really, really, really, REAAAL-LY what he said.



Sebastian Greenwood


8:00

Sebastian Greenwood on the stage, making the first one of his usual twice-in-a-year appearances.

Sebastian Greenwood: "Today we are three million members."

- Yeah, right.

It's impossible to know what's the truth about the amount of members OneCoin has scammed to join the ponzi. However, in the chart below Google Trends reveals the overall popularity between search terms "onecoin" and "bitcoin":


The chart starts from 1 October 2014 ending to today. As you can see, compared to BitCoin OneCoin is hardly visible on the chart. Click here to enlarge.

OneCoin claims to be by far the biggest cryptocurrency in the world. The chart on the other hand shows that in the real world there's only a small minority of people that have shown interest towards OneCoin. Notice that the chart shows the general popularity of a search term, so it includes all searches done - no matter whether a search has been done by hating OneCoin or loving it in a cult like fashion.


Here's the same chart without BitCoin. The highest peaks on the chart match the biggest events in OneCoin's history.

About DealShaker

26:00

Greenwood: "Some merchants are bad merchants. Some merchants are very very good merchants. Now DealShaker is a platform. It will unite the world with different kind of shops, merchants, all over the world. - Very difficult to control some of the bad fraudulent merchants.

However, don't worry... China. Don't worry China. There's a very strong team, a very strong team behind China, behind DealShaker, and we do not accept any fraudulent merchants on DealShaker."

- Greenwood is referring to a bunch of car deals from China that turned out to be a scam inside this ponzi scam.

In addition there has been a Polish merchant group advertising car deals with pictures taken from a legitimate car dealership located in Poland. Those ads disappeared very soon after the real car dealership selling the cars was contacted and questioned about the deals.

But don't worry China, there's always a chance that at least all the ads selling bed spreads might be valid.


About education

16:45

Greenwood: "You need to know how to make the business. You need to understand why cryptocurrency is the future."

- OneCoin's education packages don't include much educational material about cryptocurrencies so I'm not sure what good does the education provided by OneCoin do regarding the understanding of cryptocurrency.

Therefore the slide behind Mr Greenwood with the slogan "Education is at the heart of our company" doesn't make much sense, let alone OneCoin scam having a heart.


The IPO

20:00

Greenwood: "Now the IPO means what? In this company it means what? It does not mean that the company needs to go on a stock exchange to get money. That is not the purpose of the IPO.

Traditional companies go on the stock market to get capital. This company does not need capital."

- Greenwood continues with a mindless blabber, which doesn't make any sense to answer the question he asked from himself.

Anyway, OneCoin is selling so called future certificates (OFC's) during the IPO (Initial Public Offering). The company sells OFC's in exchange to onecoins. As onecoins are worthless the company doesn't gain capital anyway. But it only makes sense, because also OFC's will be absolutely worthless.

The IPO is an old ponzi endgame trick OneCoin's top scammers are very familiar with.

37:00

Greenwood: "When the IPO happens next year, there will be no more tokens in the packages. - You understand what I'm saying to you right now? Do you understand, we have one more year?

...

"So everybody who wants to create coins, do it this year! Do not miss this opportunity, cause you would be insane. Nobody wants to be insane. There are hospitals for the people who are insane. Don't check into that hospital. Check into OneLife this year."

Then Greenwood moves on to preach about the biggest package available, the Power Pack. 

"It's the biggest package, which creates the most coins in the shortest period of time there is for mining."

- Oops, you didn't mention education once while talking about the Power Pack.

Power Pack seems to cost almost 50k euros. But I must admit that there's a lot of education included. You even get the same education multiple times since the Power Pack combines the Tycoon+, Premium AND Infinity Packages!

Greenwood lets us know that there are only 3500 Power Packs left for the members. - So you must act quickly to get educated!



Ruja Ignatova



51:00

Ruja Ignatova: "This network has made about 1.000 millionaires... This is incredible, 1.000 millionaires based on commissions - I'm not speaking about the coins."

- Let's do a little math here:

1.000 millionaires x 1.000.000 euros = 1 billion euros.

The commission OneCoin pays in fiat currency is 6% of the sales. So the 1 billion euros is only 6% of total sales. Hence we can roughly estimate that the total sales generated by those millionaires and their downlines must be at least 16,7 billion euros.

To achieve total sales of 16,7 billion euros there would have to be about 3.300.000 members, each buying at least a Tycoon package costing about 5.000 euros. - Yeah, Ruja, you are right - that is incredible. I would even go as far as calling this impossible.

And bear in mind that I didn't include the sales made by weaker legs, let alone all the sales done by those who have not achieved millionaire status.

57:00

Ignatova: "There are many cryptocurrency exchanges. You can buy, you can sell Bitcoin. But no cryptocurrency is properly listed on a stock exchange. And this is what we want to do."

- The question that should be asked is: Why would there be any real cryptocurrencies on a stock exchange? Isn't the OneCoin Ltd., the company, going to be listed and not the currency?

"So the company will hold a lot of coins. (Ignatova is referring to IPO and the members spending their coins in exchange the OFC's) 

Sebastian told you already: After the IPO no more tokens in the packages.

So how can people buy onecoin, where will they buy it from? 

Because the coin will get very popular. The first coin on the stock exchange. So they will buy from you in the company. And at what price they will buy it?"

- Pardon my Finnish, but - mitä helvettiä / what the hell - is she blabbering about? Oh, now I get it, she must be talking about the laughing stock market, because there isn't going to be fools to buy those coins.

Ignatova continues:
"They will have to buy at market price."

- It's exactly the opposite - the coin holders would have to sell at the market price. And everyone outside the religious OneCoin cult knows what this means to the artificial value onecoin has.

"Now, many of you ask me for advise. - Should I keep my coins, or should I convert them to OFC's?

And again I say it depends. You know, cryptocurrency, if you want to spend it and to use it, keep your coins. But I know that a lot of you believe in the value growth of the coin, so they don't want only to use it, but they want to say "I was one of the first who believed in OneCoin, so I want to profit from this." And if you feel like this, I recommend to you to change as many coins as you can in OFC's."

- So she urges the members to get rid of their coins.

"And I tell you why. There're three reasons for this:

Reason number one is that it is always easier to sell shares than cryptocurrency. You don't have sell and buy limits on a stock exchange."

- But just a while ago you said that the coins are going to be so popular that people just have to buy them at the market price. And now you are implying that the company is still going to limit the selling of coins despite going public. This is just hilarious. Do you also mean that the company is still going to dictate the value of the coins?

"The second reason why I believe that the OFC's are the better option, the company we built up for the IPO will not only have the coins that you give now for the shares. This company owns also the DealShaker."

- Then she brings up Groupon as an example - again, like in many occasions before. Like OneCoin's DealShitter would be the next Groupon or even better.

Trying to add some attraction to the IPO scheme Ignatova throws DealShaker and Xcoinx along to be merged to the IPO.

"So you make money from every bought and sold coin."

...

"Our coin will be extremely strong in the public eye when we are the first cryptocurrency going public."

- Okay? 

I don't think I spotted the third reason you were supposed to elaborate... Maybe it's this following announcement...



The new CEO


1:06:30

There's now a new "OneCoin CEO" in the company named Pierre Arens. 

After introducing the new CEO Ignatova still urges the members to exchange their coins into OFC's. - Wow, the company now really wants those coins. Before there was any plans revealed about the IPO Ignatova had stated that the company itself would not buy any coins.


The new OneCoin CEO, Pierre "Pitt" Arens.

Pierre Arens's part is so boring that I don't bother quoting him. He spends about 5 minutes on the stage ruining his name and making sure that he would be recognized from thereafter at least from being part of the ponzi management.



Kari Wahlroos


1:12:20

- There was absolutely nothing worth mentioning.


Source:
The video on YouTube.