“What an incredible story! Go Jamie and Team. What is really hard to believe in this day and age, is how so many people are gullible to a spruiked up “wealth fantasy” when the facts immediately make clear that there is no foundation to anything of value they hope to gain. It seems that no one ever does “due diligence” on Pyramid Schemes or fantastical wealth “opportunities”. If it looks too good in an unstable world, then it is a con.
The FBI indictment says it all:
FBI Assistant Director-in-Charge William Sweeney, Jr. said: “As we allege, OneCoin was a cryptocurrency existing only in the minds of its creators and their co-conspirators. Unlike authentic cryptocurrencies, which maintain records of their investors’ transaction history, OneCoin had no real value. It offered investors no method of tracing their money, and it could not be used to purchase anything. In fact, the only ones who stood to benefit from its existence were its founders and co-conspirators. Whether you’re dealing with virtual currency or cold, hard cash, we urge the public to exercise due diligence with any investment.””
Fidelio124 via Apple Podcasts ·
United States of America ·
10/13/19