I have gotten my hands on some attestation files which OneCoin shills use to hoodwink people into investing into what is quickly becoming one of the largest Ponzi schemes in recent history. Of course the documents state that they should not be distributed without permission because they are such blatant examples of lying and scamming that anyone with even a slightly discerning mindset can pick up on it right away.
I believe that its growing so fast because suckers who already bought in are rewarded with a 10% payment for bringing new suckers in (10% of what new suckers invest) payable in Euros of course and not OneCoin LOL. Not a bad compensation plan if you can set your morals aside in order to scam your friends and your family.
OneCoin is not traded on any exchange and if you want to buy some of this snake oil you need to send a wire transfer in Euros to these scammers. No way to sell it once you have acquired it. There have been promises about exchange listing but its always postponed for some "great" reason.
In the linked Archive of their attestation and promotional material are files which according to OneCoin are the pillars of their legitimacy.
They are:
1. AUDIT_REPORT_APRIL_2016
2. Merchants_Mobile_App_Builder_London_11_June_2016
3. OneLife_Legal_Opinion_Sweden_July2016
4. RujaIgnatovaResearch
(Click on Clearnet Download button to download the archive.)
https://s2.obscuredfiles.com/?file=vHeVf8yi
The Audit report (AUDIT_REPORT_APRIL_2016) made me laugh out loud. First of all this audit has been performed by some obscure firm (and I use the term firm loosely) called "S Systems LTD." (S must stand for Scam) which has no executives reported publicly as can be seen by following this link: http://www.bloomberg.com/Research/stocks/private/snapshot.asp?privcapId=261419004
Seems pretty shady for an audit company but this is just the start.
The report reads as if it was written by a kid and all it states is that there were no coins created outside of OneCoin schedule which with almost any other crypto currency can be determined with a blockchain explorer such as blockchain.info. Basically the audit report is totally useless but I've heard it mentioned numerous times by OneCoin shills and also uneducated victims of this scam as proof of their legitimacy.
The other hilarious artifact included is the document titled (RujaIgnatovaResearch) which is a background document on their cult leader, Dr. Ruja. In the pdf it states she is international business woman of the year. One of the two links is broken, the other points to a pdf hosted at OneCoin and no longer does it call her international businesswoman of the year but rather just businesswoman of the year.
If anyone takes time to actually read that short write up it says that she was nominated for such an award and not received it. If even that is true, who knows its hosted on the OneCoin site, anyone can put anything up there. If she was really nominated for some business woman of the year award there would be a link to supporting artifact or article hosted by the organization which nominated her for the award rather than on a OneCoin site.
The document titled (OneLife_Legal_Opinion_Sweden_July2016) is also a joke. Its an opinion given by someone that under Swedish law the OneCoin compensation plan is not illegal. Another weak effort to legitimize this Ponzi scheme. They are selling this scam to people world wide. Who cares that someone rendered an opinion in Sweden, are they even qualified to make that assessment? What are their credentials?
Unfortunately the OneCoin scam targets people who have no experience with crypto currencies or who are simply very gullible. What perpetuates this scam is cognitive dissonance. Basically once you are invested financially in OneCoin it is painful to allow yourself to admit that its a scam so you tune out all information which so blatantly illustrates the lies on which OneCoin is founded on. I have even seen this first hand from someone I know who touted the audit report mentioned above as proof of legitimacy. This is a person who has many years of audit experience themselves in the IT sector. People simply cannot accept the fact that they've been duped into such an obvious scam.
Please share this information to prevent innocent people from losing their hard earned money. We have enough scams in the crypto currency sphere already, we don't need another one. Especially one so monumental. If you are one of the people who already invested take a step back and have a sober objective look at this and all other material put out by the OneCoin cult. Don't be responsible for other people getting scammed simply because you have made a mistake.
There is even a petition circulating to get their cult leader, "Dr." Ruja arrested. There are a tonne of other accusations in that petition. Check it out for yourself, I did not mention them because I did not verify them. What I wrote here is based on my assessment on actual OneCoin documents used to shill.
