What is onecoin and legiminate?

OneCoin is a scam. A lot of claims around OneCoin are false, e.g. claim that it is a cryptocurrency like BitCoin.

A background marked by awful acting

OneCoin's Founder, Owner and Chief Operating Officer 'Dr. Ruja Ignatova' is the subject of a large group of cases apparently intended to exhibit understanding and business intuition. Data transferred to OneCoin.eu states that she got degrees from the University of Oxford and Konstanz, and is the previous CEO of Bulgarian private venture firm CSIF.

On the off chance that the resume accessible at OneCoin is to be taken as official data, it is remarkable that cases made somewhere else are not imitated in the report. Ignatova's interest in a Harvard arranging course is just said on the One World Foundation site regardless of a sweep being available in the resume.

Likewise working for OneCoin in different limits are Sebastian Greenwood and Nigel Allan, both of whom have been associated with trick operations previously.

Greenwood beforehand worked with dead fraudulent business model Unaico, whose exercises were the subject of a notice from Pakistan's Securities and Exchanges Commission. The notice refered to "unlawful multi-level showcasing" hones and exhorted customers "to cease from contributing/managing in these purported lucrative business plans, propelled by the Company."
Novice double dealing

Obviously notwithstanding the clear understanding of its authority in making devices to con buyers into contributing cash, the cases made by OneCoin are effectively uncovered as creation.

OneCoin's style utilizes notoriety and open nearness to make a picture of significance and authenticity. The supposed 'OneAwards' claim to compensate fruitful brokers, who are welcome to the association's honor occasions. These occasions likewise twofold as pledge drives for the One World Foundation's "ventures."

False companions

The One World Foundation, advertised as the primary turn off of OneCoin, cases to help burdened kids through gifts assembled by means of OneCoin's operation and extraordinary occasions.

Its site states it is "supporting" different associations including One Laptop for every Child and Seva, yet gives no data about how precisely it does as such. A ticker on the landing page states at the season of composing that 73 kids have been "helped," once more no additional data is given.