Ruja ignatova 2020

Ruja Ignatova (Bulgarian: Ружа Игнатова) (born May 30, ) is a convicted Bulgarian This page was last edited on 26 October , at (UTC). Text is. September 7, Dr. Ruja Ignatova is a year-old Bulgarian woman who founded OneCoin with Sebastian Greenwood. Prior to being called the.

In she was awarded a doctorate in law from the University of Konstanz. What was the scam?

The price of OneCoin was displayed on a website. Ownership of the currency was stored on an ordinary database, rather than the ruja ignatova 2020 digital ledger underpinning other digital currencies. Those who wanted ruja ignatova 2020 withdraw their ruja ignatova 2020 were paid out of money flowing ruja ignatova 2020 — in other words, link was in effect a Ponzi scheme.

What happened next? Almost immediately after it began, OneCoin generated controversy with regulators around the world, who warned it could be a scam.

Dr Ruja Ignatova Very important New information News

Some likened the organisation to a cult. It was not until she mysteriously disappeared injust before she was ruja ignatova 2020 to give a talk, that the scheme started to unravel.

Ignatova is still wanted by the US Department of Justice. Her brother Konstantin was convicted of fraud and money laundering last year, along with a number of other people connected to the scheme.

Investors are unlikely to get much of it back. One big ruja ignatova 2020 flag was the use of multi-level marketing techniques, where investors were encouraged to recruit friends and family into the scheme by giving them a small commission based on ruja ruja ignatova 2020 2020 additional ruja ignatova 2020 that was invested.

Many of these commission payments were reinvested in OneCoin.

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