OneCoin, DasCoin, And Others Receive Warnings From Poland

OneCoin ReviewAll around the internet, OneCoin has been getting lots of buzz.

It would not surprise me if you told me you’ve heard of it, or someone has pitched it to you.

It’s also really popular on social media.

This first thing you should know is that I am NOT an affiliate or distributer for OneCoin.

Is OneCoin truly a scam?

Can you build a solid business with OneCoin?

I have gathered all the details about OneCoin so you can make an informed decision.

I’ll tell you everything you need to know in my Review Of OneCoin.

Let’s get started.

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What The Heck Is OneCoin?

The UOKiK, also known as Poland’s Office of Competition and Consumer Protection, has officially sent out scam warnings to a number of different MLM underbelly schemes.

UOKiK sent out these warnings on December 18, and they were published by President Marek Niechciala. Regulatory actions were taken by Niechciala earlier in the year, and this seems to be a final attempt to hit these schemes where it hurts before 2017 is over.

Companies that received warnings include OneCoin/OneLife, NetLeaders/DasCoin, FutureNet/FutureAdPro, Questra World/Atlantic Global Asset Management, Lyoness, and Recyclix.

Looking first at OneCoin/OneLife, Niechciala states:

“One Life Network from Belize – encourages you to buy an “education package” OneLife or OneAcademy, promises the opportunity to receive material benefits for introducing other people to the system.”

The UOKiK was previously looking into OneCoin earlier this year, as used October 31 to notify “the District Prosecutor’s Office in Warsaw [about] the possibility of [OneCoin] committing a crime” following an investigation that had taken place.

With NetLeaders/DasCoin:

“NetLeaders encourage investment which provides a license to manufacture DasCoin.

They promise quick profits. They also encourage people who have invested in DasCoin to encourage others and thus earn a living.

The cryptocurrency DasCoin does not exist , the organizers are just promising to start its “extraction”.

OneCoin Scam

You really do not know what DasCoin is, so consumers are paying money for something they do not have.”

UOKiK appears to have gotten suspicious of Net Leaders back in February of this year, and after an investigation into it, the possibility of a crime taking place was announced on June 28.

Moving over to FutureNet/FutureAdPro:

“These are portals offering, in exchange for a fee, the purchase of advertising packages.

According to the information on the company’s website, you must buy the package and persuade other people to participate.”

FutureNet and FutureAdPro were both discovered to be operating like pyramid schemes in February, and June 28 saw them claimed of committing a crime.

In regards to Quest World/Atlantic Global Asset Management:

“Questra World and Atlantic Global Asset Management offer purchase of investment packages, promise high profits and the opportunity to “earn” from selling companies and persuading other people (to join and invest).”

With Lyoness:

“Lyoness offers material benefits that depend on introducing other people to the program.

Earlier, the participant pays in advance for the purchase of vouchers or gift cards or makes purchases from business partners.”

Lyoness has been suspected of illegitimate operations since as far back as 2012, and despite going through numerous rebrands and relaunches, it’s still using its same general Ponzi model/

Lastly, there’s Recyclix:

“To join the system, the customer had to buy from Recyclix at least 100 kg of waste that the company was supposed to send for recycling, and the profit to divide between consumers.

Recyclix also offered money to persuade other people to participate in this transaction.”

Following these individual warnings, Marek Niechciala also issued a more general warning regarding the presence and operations of MLM opportunities.

It reads as follows:

“proceedings conducted by law enforcement authorities and the President of UOKiK may result in criminal charges or the issuing of decisions regarding infringement of collective consumer interests.

A pyramid scheme is as follows: you deposit money and recruit other people for which you are paid.

Payment comes from the payments of people you directly recruited and people who they further recruit.

In this way, you fund the pyramid and finance the person who recruited you.

However, after some time the system falls, because the funds you deposit are not invested in any assets and do not generate profits.

The funds are paid out to people in higher positions in the pyramid chain.

This system works as long as more money is paid in than is paid out, but for this to happen, the number of people participating in the pyramid must constantly and rapidly grow – and this is not possible.

Your money is gone. Contact with the owners is lost. You’ve lost.”

So, Is There A OneCoin Scam Going On?

Have you heard that OneCoin is a scam?

It’s hard to tell if this is true or not, because a lot of people are just trying to sell you something.

So, from reading this, is OneCoin a scam or is it legit?

I would say not exactly, but there are a few things to watch out for, find out what in the conclusion.

Learning about these things will make you successful – and see below for my FREE training on how to market yourself.

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Finally, My OneCoin Review And Conclusion!

 

Did you find this OneCoin Review useful?

I wanted to gather all the details for you, because I have noticed other OneCoin reviews have been scant on details.

If you decide to proceed with OneCoin, I want you to be successful.

Get my free training that teaches you my methods.

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