Polish Regulator Issues Pyramid Scheme Warning About OneCoin

OneCoin ReviewLately, this business opportunity has been getting a lot of hype on the internet.

People are hyping OneCoin all over the place, including a lot of social media.

Has someone already pitched OneCoin to you?

The first thing I want to tell you is that I am NOT promoting this business in any way.

I have complied all the facts about it in my OneCoin Review so you can discover the truth for yourself!

Have you hear that OneCoin is a scam?

That OneCoin can’t deliver on it’s promises?

I will tell you all about it in my Review of OneCoin.

Let’s get started.

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Exactly what is OneCoin?

Just about one year ago, the Ministry of Justice in Poland was the recipient of a public inquiry that was focused on OneCoin.

In this inquiry, the question came up as to wether or not OneCoin was breaking any laws that were established in Poland.

A new investigation was launched looking into OneCoin following this, and it was conducted by the National Prosecutor’s Office. When this happened, the NPO discovered possible breaches of “unfair market practices.”

The results of this investigation were soon sent to the Office of Competition and Consumer Protection (also referred to as UOPKiK), and earlier this week, this organization announced that it had come up with a conclusion for its own investigation that was being conducted.

UOKiK has been investigating OneCoin for a whole year, and it ultimately discovered OneCoin to be that of a pyramid scheme.

UOKiK’s President, Mark Niechiala, issued a full description for the setup of OneCoin on September 12, 2017, saying that:

“Every consumer who persuades other people to buy educational packages os rewarded appropriately — a hierarchical structure is created, where payouts are possible, as long as new participants continue to be recruited.

OneCoin Scam

UOKiK warns: the system developed by OneLife Network could be a pyramid scheme because:

-The consumer buys the education package in return for material gain;

-These benefits are based on the introduction of other people into a system operates by OneLife Network.”

Following this, Niechiala then continues to say that companies that operate similarly to OneCoin  use “illegal practices” and “may expose a wide circle of consumers to significant financial losses.”

Niechiala concludes with:

“There is a particularly well-founded suspicious that the system run and Propagated by OneLife Network Network Ltd. based in Belize City (Belize)…is a prohibited promotional system.”

In Poland, pyramid schemes are entirely illegal, but even so, it’s unclear as to where or not UOKiK will take further action to get OneCoin to shut down.

Lastly, another investigation report that was also recently used says that proceedings that will be against OneCoin and the OneLife Network are “in progress.”

This story likely still has a ways to go before we come to a final conclusion, so I’ll be sure to keep you updated as I learn more.

 

Is OneCoin Truly A Scam?

If you’ve been doing your research on OneCoin, you may have heard from some people that it’s a scam, and from other’s that it’s totally legit.

After reading my review, you might not be sure for yourself.

So, what’s really going on here?

Is OneCoin a scam, or can you make a legit business with it?

To be honest, I am not sure OneCoin is a complete scam.

However, I did find a few things to be aware of before you join, which will help you to be successful if you join.

Also, see below for help with making money online.

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Read Here For My OneCoin Conclusion!

I hope you have gained a lot of value from my OneCoin Review.

I have found other reviews are scant on details, so I wanted to make sure you had everything you need here.

If you do decide to move forward with OneCoin, I think the info I have given here will help you.

Moving forward, you need to take care of marketing yourself, which you can learn how to do with my free training. Click below.

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