The websites of OneCoin and OneLife have been flagged as phishing

While Bitconnect left a memorable mark of classic scams in the cryptocurrency market, there is another even more quirky Ponzi scheme. In terms of “success,” not to mention, OneCoin goes far beyond other scams in its scope of operations.

The OneCoin website has been declared a phishing

OneCoin is organized and promoted by famous scammers after the cryptocurrency craze as an alternative to Bitcoin. However, the OneCoin system only includes little more than an Excel spreadsheet and a fugazi web portal displaying provably fake transactions.

After news of OneCoin’s co-founders and executives was in jail or disappeared one after another; Some investors still cannot believe that this project has indeed collapsed.

So far, both the websites of OneCoin (www.onecoin.eu) and OneLife (www.onelife.eu) are inaccessible.

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Source: Onecoin.eu

If you try to access it, you will receive a notification from CloudFlare – a public intermediary DNS service in the world, warning “phishing” and advising users not to continue accessing.

the-websites-of-onecoin-and-onelife-have-been-flagged-as-phishing

Source: Onelife.eu

As you can see, CloudFlare has warned that this link is flagged as phishing and requires users to stay away from it. They also emphasize the scam here as an attempt to obtain personal information such as passwords and credit card details by pretending to be a trusted source. They also recommend that you do not continue the link that has been flagged (including OneCoin or similar flagged websites).

OneCoin’s co-partners have more time to prepare the motion for the acquittal

As AZCoin News reported, Mark Scott was convicted on November 21, 2019, for two counts of conspiracy to commit money laundering for OneCoin and conspiracy to commit bank fraud.

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Mark S. Scott, a former equity partner at the law firm Locke Lord LLP, allegedly for helping Ruja Ignatova money laundering $ 400 million

However, it seems that Scott, one of the individuals involved in the OneCoin scam project, has asked for more time to submit evidence for acquittal and retrial. The Government did not object to this request and proposes to submit any objection by February 24, 2020, or to apply for the next extension.

Scott, a former capital partner at law firm Locke Lord LLP, has laundered about $ 400 million in proceeds from OneCoin through fraudulent investment funds that he founded and operated for that purpose. Scott was paid more than $ 50 million for his money-laundering services, which he used to buy in luxury cars, a yacht, and some beach houses.

Beginning in 2016, Scott established a series of fake private equity funds in the British Virgin Islands called the Fenero Foundation of Islam. He later disguised the transfer of about $ 400 million into the Fenero Fund as investments from wealthy families in Europe, when in fact, the money represented the proceeds from the scheme. OneCoin island.

Scott was convicted of a conspiracy to commit money laundering, with a maximum sentence of 20 years imprisonment and one conspiracy to commit bank fraud, with a maximum sentence of 30 years in prison.

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