OneCoin offices raided, Bulgarian authorities react – Login, Review
Bulgarian authorities folded their hands while OneCoin operated a multi-million dollar Ponzi scheme.
Now, working in cooperation with Eurojust and Interpol, the Specialized Prosecutors Office raided OneCoin’s Sofia offices on January 17th and 18th.
The raid was conducted in connection to an ongoing investigation into OneCoin, spearheaded by German authorities.
Public Prosecutors in the German city of Bielefeld had launched an investigation into OneCoin on May last year, 2017.
According to the Bulgarian authorities, prosecutors from Bielefeld traveled to Bulgaria to continue their investigation last October.
The court-ordered raid saw OneCoin’s offices raided, as well as One Network Services and fourteen other companies.
A lot of material evidence has been seized, including servers, so far, 50 witnesses have been questioned.
OneCoin is notorious for its connections to shell companies set up all over the world.
Capital spoke with Bulgarian Public Prosecutors and claimed OneCoin ‘operates through hundreds of affiliated companies on 4 continents‘. Click Link below to access Onecoin‘s website.
In addition to money laundering, OneCoin and One Network Services are being investigated for working with “crime groups and terrorist organizations”.
At the time of publication no arrests have been made.
Ruja Ignatova has been on the run and now it seems Ignatova is on the run too.
The Bielefeld investigation pertains to “two Bulgarian women with German citizenship”, with the other woman wanted by authorities believed to be Ignatova’s mother, Veska Ignatov.
In addition Germany, Bulgarian authorities claim they are working with their counterparts in England, Ireland, Italy, the US, Canada (woot woot Ken Labine), Ukraine, Lithuania, Latvia, Estonia “and many other countries”.
Shortly after Bulgarian Prosecutors announced the raid, One Network Services sent Capital an “official statement”.
Capital observed they received the One Network Services statement from a “a previously unused gmail address”.
The press release claims OneCoin:
has never engaged in illegal activity both on the territory of the Republic of Bulgaria and in the other countries in which it operates.
What we observe, however, makes us believe that it is a demonstration against One Network Service Ltd., the virtual currency OneCoin and its creator Dr. Ruja Ignatova.
We see a purposeful media campaign to discredit the reputation of the above-mentioned and deliberate concealment of important features from the company’s business, which presents us in a totally negative light.
We believe that such a media coverage of an ongoing investigation, which lacks a final conclusion of the relevant authorities, leads to misleading the public as to the veracity of the factual situation, questions the objectivity of the information disseminated in Bulgarian media, and could be interpreted by inferiors as a paired set of targets.
OneCoin claimed they should have been informed that they were being investigated;
We also want to express our sincere surprise at the fact that none of the company’s representatives were asked for opinion by media representatives.
We would like to point out that as a result of the law enforcement action taken yesterday, the company and its partner companies suffer unjustified and serious financial losses.
From the partner companies’ office, work equipment was seized, and our partners thought they were deliberately subjected to pressure that could lead to bankruptcy.
OneCoin began running out of money towards late 2016, with the company permanently suspending affiliate ROI withdrawals.
Investments made in 2017 is believed to have primarily benefited Ruja Ignatova and her family as it was reported that the Ignatovas have access to a vast property empire. Ruja was last seen cruising off the Bulgarian coast in a $15 million dollar yacht.
The brouhaha is on and fully blown now … What is the faith of Onecoin ..?? What is the faith of the Investors ..??
NB – It is advised to participate in any peer to peer network with your spare money.