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According to a post on the facebook page of Atif Kamran, co-founder of Leocoin with Dan Andersson, police has shut down the Leo operations in Pakistan.
Quote from the post:
"Govt said that this is a illegal company. It is a money londring company. "

This already happened two months ago end of November.

Screen copy from https://www.facebook.com/traineratifkamran/?fref=ts

Here is the screenshot (why is the image not shown dierectly???)
https://i.screenshot.net/ozgr0sq


Today, two months later, we learn that Atif Kamran has been "dismissed" by Dan Andersson.
See here:
https://i.screenshot.net/mk83jiq

What happened here?

Maybe the police investigation was becoming too dangerous for the whole Leo/Leocoin operations and they decided to "sacrify" Atif Kamran to save the business?

Atif Kamran is/was a major shareholder of Leo (Learing Enterprises Organsation). Can he be forced to sell his shares?!
Is he still in business?

What do you think ?

I think that Leocoin scam is finally coming to the end, soon everything involved in that ponzi scheme will be behind bars.  ;)

And LEO coin shills were disappearing before, remember too many LEO shills are spreading FUD in here, for entirely in the altdiscussion. Their journey will get the end story. how many those people waste his money on the LEO coin yesterday.  :D

Still fucked up CoinMarketCap lists it and many others though huh ?
No wonder people think it's legit and keep buying them.

@OP
Thanks for the heads up.
I was thinking about this a bit lately and kept forgetting to go and dig around for updates.
..this is clearly related to the earlier news from Pakistan where their bank accounts were frozen.

yes it is true, if they err and commit fraud they should know the risks that he did for this, I think this is the right to a charlatan like them, so that no one dared to do like this again.

I am actually surprised that local Police took an action against Leocoin developers.
If their base of operation was located somewhere in EU or US they would probably bullshit their way out of it.
So this is the end for them or we can expect their return in the future with this or another 'product'?

In Pakistan there are many leocoin holders, leo had big activities in Pakistan with many peopole in their comunity. I invested some money in leocoin but to be honest I do not trust them. I think they paied some poepole to promote leocoin on social media and on bitcointalk, those peopole were just telling bullshit about this coin. One of this persons is for sure guy with nickname Cryptotraider16 ;)

They know their targets, this makes them even more evil.

Finally this Leocoin BS is coming to end, too bad they already packed with people's money and moved to the next coin: Credibit

Cryptotraider16 is shilling Credibit since a couple of months already, maybe soon after Leocoin top manager got arrested.

Another Leocoin top shill social account moved to Credibit: https://www.instagram.com/buyleocoin/ (https://www.instagram.com/buyleocoin/)

On Facebook, many accounts previously shilling Leocoin are slowly moving to Credibit too

LOL

Let's see if cryptotraider's " BRITISH GOVERNMENT SUPPORT " does him any good.

 ;D

They have been keeping quiet about all these news.....

Bunch of scammers they are.....

Maybe someone with a working facebook account could contact Abdul Wahid Khan and ask what is going on?!
 Might be interesting.

Maybe he could join the discussion on this board  ;D

fuck them..i just look at this thread to see if they had been shot by the police LOL...i hope so  ;D

if you want to investigate more, start from the following links:

this is the direct link to the post by Abdul Wahid Khan:
https://www.facebook.com/traineratifkamran/posts/386825338375484 (https://www.facebook.com/traineratifkamran/posts/386825338375484)

this is the Leo Corporate response, funny only 2 people raised doubts about what really happened to Atif Kamran the scammer
https://www.facebook.com/LEOcorporate/posts/1000492033416887 (https://www.facebook.com/LEOcorporate/posts/1000492033416887)

Another interesting article (and comments also):
http://www.coinbuzz.com/2015/04/04/leocoin-founders-linked-to-pyramid-scheme-in-pakistan/ (http://www.coinbuzz.com/2015/04/04/leocoin-founders-linked-to-pyramid-scheme-in-pakistan/)


And looks like Atif Kamran is quite an expert in ponzi schemes, this scam is from 2012, previous to Leocoin
http://www.pakistantoday.com.pk/2012/05/05/nab-starts-probe-into-unaico-ponzy-scheme/ (http://www.pakistantoday.com.pk/2012/05/05/nab-starts-probe-into-unaico-ponzy-scheme/)

I'm so satisfied and happy with Pakistan Police, salute to them!! Leocoin is a 100% scam, many people lost much money in this ponzi MLM scam, people should know the truth and refuse to trade ponzi MLM scam any more, including, swiscoin, e-dinarcoin. Guys, be responsible for your own money!!!

All latest post in the official Leocoin thread here on bitcointalk asking for more information about this accusations have been removed.

the Leocoin scam goes on
Atif Kamran the MLM ponzi scam expert just run away with all their money and they still try to censor the ones who ask for information

Exactly, finally a govt out there grows some god damn fucking balls.. cough cough CANADA, UK and USA  ::)

And British support ? I thought that was supposed to be China ? ROFL

And it's like a community take over scam.
I highly doubt the guy stepped down from anything.
Him and Dan are best bud's he will simply "SAY" it to put on a show publicly.

And guys how sleazy is it of CoinMarketCap to list shit like this ?

It seems that the popularity of leocoin in the other country has now come to an end closely. This is also connectec in Multi level Marketing I think, if I'm not mistaken because my friend in middle east is recruiting me to join in Leocoin, and I said ti will not long last in crypto world. which is now happening the damage of the company.

Another chapter in the big book of cryptocurrency drama. It wasn't the first and it won't be the last. Will be fun to see how bad it gets.

MLM Ponzi / Pyramid style COIN shit is here to stay i think.
Once they get a taste of money that is it.. they are here to stay !

There is others like this coin we can see by looking around.

Keep an eye out for the warning signs people !

Finally one police doing its job.
I lost all my hopes that something like this could happen in USA with all those instamines worth few tens millions of USD. 

i think is good if leocoin office is close
because leocoin only ponzy site/mlm/scheme piramide and shceme ponzy, so if leocoin is close, is stop to many people join, because only shiit coin

I have just heard that Dan Andersson has been arrested by NAB in Pakistan for his UNAICO scam. I bet the police want to speak to Mihir Magudia who is a front man for Dan – he won’t be going to Pakistan any time soon. Dan is on Exit Control List of Pakistan and can not leave the country until he pays back all the money he has stolen from people of Pakistan. This is the reason he did not attend the event in Turkey last week.

Shame that people were ever conned by such an obvious scammer. Now this company is dead, wonder what new scam these crooks will come up with.

How do I get my money back from scammer Dan Andersson.

So the shit heads are in deep trouble.

Dan Anderson who is the main guy behind this scam has been arrested in Pakistan and now applying for bail. Check out the link below.

https://behindmlm.com/companies/leo-ceo-dan-andersson-arrested-in-pakistan/