The Latest News on OneCoin

Posted by on Nov 29, 2016 in Warnings | 0 comments

THE LATEST NEWS ON ONECOIN While it had been my intent to write an article about the major principals of OneCoin, recent events involving OneCoin made it imperative that this update be written before the article on the major principals of OneCoin. These are the important issues you need to be aware of:  OneCoin Banking Issues and OneCoin Regulatory Issues. BANKING ISSUES Since the launch of OneCoin, OneCoin has now gone through twenty different bank accounts. At the present time they do not have a banking relationship with any bank, and thus members can no longer wire funds to purchase coins. OneCoin has also had bank accounts in shell companies they formed since so many banks had refused to do business with OneCoin, so they used shell companies trying to mask their true identity. They have used these shell company names: One EUX, LLC; International Marketing Services; Vernada Trading Pte. Ltd; Zala Group LTD; IMS Marketing Tanzania Ltd; International Marketing Services Pte. Ltd; IMS International Marketing services GmBH; Educamax Services SRL; Foshan Everbright Import & Export Company Limited; and Eastern Project Investments Limited. Their Merchant Processor, China Union Pay, account was closed April 30, 2016. It was then re-opened as New China Union Pay Intl on May 10, 2016. These cards issued through New China Union Pay Intl was for OneCoin’s China investors only. Then on or about November 17, OneCoin announced that these cards had been disabled. Now stop and ask yourself, if OneCoin is this great transparent company, and claiming to be the most transparent company ever, why would they use shell companies instead of their own company name to their company bank accounts? What we do know is that OneCoin has changed banks every time there was an announcement that OneCoin was under investigation in the country where they were banking, or the country issued a warning to their citizens about OneCoin. We believe the arrests of the four Chinese Promoters of OneCoin and the ongoing investigation by the Chinese authorities into OneCoin was responsible for the cards issued through New China Union Pay Intl were ceased. Of the last four bank accounts that were opened by OneCoin in a shell company name, one account was closed within 24 hours, another one was closed within a week and the other two were closed within two weeks. The banks closing these accounts had regulatory issues with OneCoin or thsese bank accounts would not have been closed. REGULATORY ISSUES In my initial article I had mentioned that the UK was the latest in a long list of countries that had either issued a warning about OneCoin or had OneCoin under investigation. These investigations have continued. Now Viet Nam...

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My Advertising Pays (MAP’s) – An Ad Exec’s Opinion

Posted by on Jun 24, 2015 in Warnings | 0 comments

My Advertising Pays (MAP’s) – An Ad Exec’s Opinion So apparently there’s this amazing new advertising platform on the block. According to its CEO and Chief Communications Executive it’s actually “tomorrow’s advertising today”. So at this point you’re possibly thinking, wow, it must be able to target potential customers for advertisers based on some incredible algorithms that mean it knows before the customer does what you want. You also might be thinking, there must be some serious advertising and/or tech heavyweights behind this – maybe some Facebook or Google alumni? Either way, this sounds like the sort of company that the VC’s down Sand Hill Road in Silicon Valley would be fighting each other to be the lead investor in for the Series A fundraise. You’d be wrong on every point. My Advertising Pays that genuinely does bill itself as “Tomorrow’s advertising today” has none (zero, nada) of the aspects of what you would potentially anticipate. Before I get into what the business is, let’s take a look at who is behind the business. The truth is it’s not entirely clear – there is a CEO named as Mike Deese, but he has no experience or background in either advertising or technology. He is not Googleable (my word), not accountable for what he actually has done in the past, and doesn’t have any connections to the advertising or technology worlds. Sure, but maybe he has a top team of industry veterans around him? Nope – there is no other discernible exec team around him, bar a UK based couple (that are closer to retirement than they would care to admit) that appear to do nothing other than promote this service. So what is it that MAP’s brings to the table? Well apparently if you spend $50 on advertising on their site and you are happy to click on other people’s advertising there (10 others to be precise), every single day,  then you will qualify to have all of your money back with a cherry of $10 on top three months later (divvyed out every 20 minutes apparently). So your advertising is only being clicked by other people who want to qualify for their 20% returns. Brilliant – I can just see the CMO at General Motors planning how he can max out his $500million+ annual digital budget on MAP’s so he can pocket the $100mill back to show off to his CFO. “But did we sell many cars?” he’ll ask, “no, but look how much money I brought back in” he’ll reply. Hopefully your sarcasm detector is beeping for all its life right now. The believers in MAP’s will try and have you believe that traffic = sales. Any...

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A Listing Of Lottery Scams To Avoid

Posted by on Jun 28, 2012 in Warnings, Warnings, Alerts, & Hot Topics | 0 comments

Listing Courtesy of Fraud Watch International: http://www.fraudwatchinternational.com/: LOTTERY SCAMS: It is important to note that some company and individual names listed here may be genuine. This is a list of names that are used by lottery scam artists – please understand that scam artists may use genuine names in an attempt to make themselves look legitimate, when in fact they are not. LOTTERY, SWEEPSTAKES AND PRIZE SCAMS as of April 15, 2018: A Absolutely Famous Lottery International AC Lotto AccuLotto.com International ACCULOTTO ONLINE INTERNATIONAL E-MAIL LOTTERY Ace Capital International Lottery (also refers to Ocean Blue Lottery International) Adexec Investerings Firma AFRIC Credit Commission Lottery AFRO-Asia Lottery Afro Asian Sweepstakes Lottery Afro Europe, Noordeinde The Netherlands Afro Euro-Sweepstake Lottery Al Goldino Marketing Lottery Company S.A Madrid – Spain Alexis Corporation Canada (telemarketing) Algamene Sweepstakes and Lottery Algol Alliance Lotto. BV Alpha Lottery International All Lotto ALLFLEX INTERNATIONAL LOTTERY PRPRIZE AWARDDEPT.HOLLAND Alliance Lottery International Allied Trust Agency AllLotto UK Allstar Lottery Program Alpha Lottery International American Sweepstake Lottery American Sweepstakes Commision American Sweepstakes Commission An Post International Lottery Company AOL Grand Promotion APPLE LOTTERY, UK Arbeiter-Samariter-Bund Deutschland e.V. Arlimbow (also known as Federation Internationale d’Affirmation de Gains FIAG) Arnouts Treasure Lynex Lottery Asea Foundation International Assurance E-mail Lottery International Program ATC Consumer Payment Services ATL Enterprises, Inc. ATL Payment Solution Atlantic Lottery Atlantic Lottery organization Atlantics Promo International Australian Government / australia lotto office AUSSIE INTERNATIONAL SWEEPSTAKES AUSTRALIAN CASH-OUT LOTTO BV / The National Lottery / BRITISH ONLINE LOTTERY Australian International Lottery Australian International Lottery Agency Australian International Winners Group the Australian Lottery AUSTRALIAN LOTTERY COMAPNY AUSTRALIA LOTTERY INC. Australia Lotto Lottery Inc. Australia Lotto Lottery Inc. – Australian Lottery Bonanza Australian Lotto Inc. Australian Online Lottery Auto Mall International Awards Allocation Bureau Awards Clearing House Aventis Lotto Awed International Lotto.BV Promo     B Bank Giro Loterij Spel Bank GIRO Loterij International Promotion Program Belgium National Lottery (BNL) Belove Internet Lottery Promotions International Best International Better Tomorrow Lotto Inc BIGCHANCE LOTTERY LTD BigLotto.com (internet site, also known as Big International ) BIAG International Bureau of Prize Distribution Bingo Easter Lotto Program Bingo Loterij BINGO LOTERIJ AGENCY BINGO LOTERIJ INTERNATIONAL.NL Bingo Netherlands Sweepstake Lottery Blue Fountain Lottery International BONANZA 2006 BONDSOFTWARE INTERNATIONAL LOTTERY BONO LOTTERY E-MAIL LOTTERY INTERNATIONAL BonoLotto Lottery Bono Lotto/ Primitiva Bonus Lottery Bounty International Lottery Agency Boxlotto Promotional Lottery Program sponsored by European Lotteries British Airways Courier Service Lottery Brittish Columbia Lottery Corporation British Gaming Board E-Lottery Promotions British International E-Lottery Promotion British International Lottery and Sweepstake British Lottery International British Lottery International programs BRITISH LOTTO PLUS BRITISH NATIONAL LOTTERY International Lottery Programs BRITISH ONLINE LOTTERY / AUSTRALIAN CASH-OUT LOTTO BV / The National Lottery British Promotional Sweepstakes British...

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A Listing Of Fake Job (Money Mule) To Avoid

Posted by on Jun 28, 2012 in Warnings, Warnings, Alerts, & Hot Topics | 0 comments

List courtesy of Fraud Watch International: http://www.fraudwatchinternational.com/ WARNING: DO NOT FALL FOR ONE OF THESE JOB OFFERS OR YOU COULD LAND IN PRISON: The following is a partial list of Fake Jobs (Money Mules). These are jobs that ask you to act as their money transfer agent. To be a money transfer agent requires you to be approved by the Treasury Department, licensed, bonded and insured: 4U2Bid A & E Textile Co. Limited A T AND T WIRELESS TELECOMMUNICATION A.H.A INTERNATIONAL COMPANY LTD ABB (CHINA) INVESTMENT LTD ABBA QUEENS GATE CONCORDE HOTEL ABBOTS TEXTILE TECHNOLOGY GROUP LTD. UK Abyline Ackerman Group Plc ACTEXO TEXTILE (Company) LIMITED Action Planning International ActionAid International Adam Levell Adams Childrenswear Ltd ADRIENNE CHINN DESIGN COMPANY LTD LONDON Advanced Management Group Agricultural Research Institute of Northern Ireland ALIGARY FABRICS LTD UK Alistair Bromhead ALL ITEM SHIPPING AGENCY All Products Import & Export Alliance Management Company ALLIANCE TEXTILE & FABRICS Alpha Omega Quality Painting & Decorating Amagalerie American Deaf Foundation Anderson Textiles Limited Ann Stevenson AnnTextiles Anping Wire Mesh Co. ANTHONY HAINES (TEXTILES) LTD Antonis Papantoniou API – JOB for Canadians Apple Enterprise Sales Company Applied Materials Inc April Johnson Arcandor ARCHO Iron & Steel Co. ARGE Wanli Hydraulic/Chemicals Ltd ART LONDON LTD Ashley Furniture Company ASHLEY FURNITURE IND INC Asia Agricultural research Institute China ASIA TRADING COMPANY Asian Market Exchange Company ATLANTIC IMPORT AND EXPORT COMPANY AVEVA Group plc B & R Textile Company Baker’s Foods Limited Bamat Textiles industry Barry Travels and Tours Limited BASF Global Chemical Company Bate Cotton & Textile Trading Limited BBS Finance BEAUTY CONCEPT MODELS UK BEN FABRICS ENTERPRISES Benxi Steel Company Better Than Data Entry better-markets.com Betty Smith BHP Billiton Plc Bill Peters Bishopston Trading Co. LTD Bliss Arts UK Bob Ross Art Supplies BRAD & SONS CHARITY HOME Bradbury Crafts Holdings Ltd UK Brian Stewart Ltd BRIAN WILLIAMS FABRICS&TEXTILES Brisko Textiles & Fabrics British Antiques Ltd British Heart Foundation British petroleum Company Brown Bag Industries BROYHILL FURNITURE INDUSTRIES,INC Bueno Technology Co., Ltd Bunzl Textiles Company CALTEX GROUP LIMITED CARDINAL EXPONENTS FABRICS AND GALLERIES LTD CARE International UK CARIE TEXTILES FABRICS LTD.UK Carla Webb CARTHY INDUSTRIES CARTHY TEXTILES AND GALLERIES LTD CBH Qingdao Company Limited CG/Financial Service Group Champion Action Metallic Product Co.Ltd Chan Li CHAN MANUFACTURING Cheap Fabrics Cheap Fabrics of Windsor Limited CHEVRON COMPANIES CHI Companies Child Africa Charity Organization Children in Crisis Charity Organization CHINA ABRASIVES IMPORT AND EXPORT COMPANY China Crystal and Craft. China First Automobile Group Imp. & Exp. Corp China Import & Export Co, Ltd China Jewellery Company CHINA JEWELLERY TRADING COMPANY CHINA JEWELRY CORPORATION China Merchants Holdings (Intl) Company Limited (CMHI) China Metallurgical Import and Export Company China Metrological Export Company (CMEC)....

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A Cancer In The Church

Posted by on Jun 28, 2012 in Warnings, Warnings, Alerts, & Hot Topics | 0 comments

Christians are being scammed out of their life savings like never before. We have a cancer in the body of Christ, and we must ERADICATE it. We have Christians who are being scammed in the name of God/Christ by people claiming to be Christians, by fellow Christians, and if that was not bad enough, by pastors, former pastors, deacons, and elders of the church. So how do those claiming to be Christians do this? By claiming to be one of us: Yes, we have wolves in sheep’s clothing among us. A conman on his death bed was asked how he was able to steal so much money. His answer may shock you. He said, “I joined a church.” When pressed as to why he replied: “I have instant trust and credibility. No one expects a fellow Christian to steal from them. They want to believe the investments are real, and they will buy any story I tell them as to why payments are delayed. Besides, Christians do not sue other Christians.” But what has been the most shocking to me has been the people who are running these illegal programs of late have been our pastors. People we have been taught to trust without question. Here’s what I am talking about: South Carolina St. Johns Reformed Episcopal Church in Charleston was built ten years before Abraham Lincoln was elected president and eleven years before the first shot of the civil war. Its pastor, Ronald E. Satterfield, 63, was charged with running a $5 million FOREX Ponzi from church property and elsewhere. In a Ponzi scheme “inspired by God,” a California man, an Oregon man and a pastor from Perris, CA were sentenced for running a Ponzi scheme that robbed 500 investors of $32 million in a fake gold mine scam. Attorney and Anglican bishop, Martin Sigillito, 62, of Webster Groves, MO, and two co-defendants were indicted for running a $52.5 million Ponzi scheme that ran for a decade. Leaders of Greater Ministries International, based in Tampa, Fla., defrauded thousands of people of half a billion dollars ($500 million) by promising to double money on investments that ministry officials said were blessed by God. Forest Lake preacher Neulan Midkiff got many of his friends, neighbors and congregants into a pyramid scheme that took in as much as $390 million. He also ran offshoots Central Financial Services and Joshua Tree Group that scammed 519 people from Minnesota and Louisiana of $30 million. Just the examples above total more than $1.1 billion. What is sad is that the list is much, much longer than this. But I hope you get the message. Not only are pastors, former pastors, deacons, and elders running...

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Mystery Shopper Scam

Posted by on Jun 28, 2012 in Warnings, Warnings, Alerts, & Hot Topics | 0 comments

There are several versions of the mystery shopper scam going around, and you need to be aware of them so you don’t become a victim. Before I go into the various versions of them, I want to make it clear that not all mystery shopper programs are scams. There are many reputable companies offering you the opportunity to do mystery shopping. You must check each company out before agreeing to perform this service. You must also know that a real mystery shopping program does not require you to pay any upfront fees to become a mystery shopper for them. Here are the mystery shopper scams: You receive an E-mail telling you of the opportunity to become a mystery shopper for their company. To qualify, you must fill out their simple questionnaire and return it to them for evaluation. If you are approved, they will contact you with their instructions. So you fill out their simple questionnaire and return it. Then you will receive an E-mail telling you that you have been accepted into their mystery shopper program. You will be receiving instructions for your first assignment shortly. The next day you receive either a UPS or a FedEx package that contains a U.S. Postal Money Order in the amount of $750.00 (This amount can vary). You are told to take the Postal Money Order to your bank and cash it. You are to spend the money in this manner. First you keep $50 for your time and trouble. You go to WalMart and spend $200 on merchandise. You are to “test” WalMart’s new wire service by wiring the company $500.00. During your visit you are to evaluate the employees: if you needed help how helpful and friendly were they, how long you waited in line, how friendly and helpful the cashier was in checking you out; the cleanliness of the restrooms, how clean was the store inside and out, were the isles cluttered with merchandise. All the typical duties a mystery shopper would be asked to perform. Here’s the catch: When you do a mystery shop for a real company, they never pay you upfront for your shopping trip. You have to complete the forms they send you, show copies of all receipts for anything purchased, and send it to them for processing. Then they pay you. The U.S. Postal Money Order they sent you is fake, but it will look like the real thing. They don’t want you going to the Post Office to cash it because they know the Post Office is looking for these fake Postal Money Orders. They also know it will take the bank about 3-5 working days before they discover the Postal Money...

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