Many OneCoin investors still believe they are taking part in the global financial revolution. Despite a slew of arrests and serious allegations mounted against the organizers of the scheme, they continue to invest, oblivious to any criticism. What started as just another Ponzi scheme has eventually evolved into the largest scam of the decade and a semblance of a religious cult that exists independently of the founder who disappeared without trace back in 2017.
OneCoin was heralded as the “Bitcoin killer” that would very soon make investors fabulously rich and bring down the unfair world order. These lofty promises were never fulfilled and investors around the world lost billions of euros.
Where did the investor money go? Did OneCoin actually have influential godfathers in the post-Soviet space? All these questions could be answered by Dr. Ruja Ignatova, the founder of the scheme.
Before her disappearance, Ignatova warned Gilbert Armenta, one of her accountants, about the danger posed by influential Russians.
“You have to be fucking careful. What these Russian guys can do you can not imagine. […] Do not use emails. Face to face or in encrypted form. Nothing else is safe. Just believe me. Please. I can get everything that I want within 24 hours. And if I can they can too,” she said in a palpably scared voice.
ForkLog delved into the intricacies of this Ponzi scheme, which has already gone down in history. Not for its revolutionary nature of course but rather for the impudence of execution and the extent of the damage inflicted.
https://forklog.media/scam-of-the-decade-the-story-of-a-doctor-of-law-who-organized-the-onecoin-ponzi-scheme-and-vanished-with-billions-of-euros/