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OneCoin – Croation President no Show
Yesterday the Congress of South East European Women Business owners held their yearly event in the Croatian capital of Zagreb.
As part of a sponsorship arrangement the Ministry of Economy, Service and Trade and Congress organizers, Croatian President Kolinda Grabar-Kitarović and Deputy Prime-Minister Martina Dalic were scheduled to speak at the event.
On the day of the event it was announced Grabar-Kitarović and Dalic had actually cancelled their respective appearances.
In addition to the Croatian federal government, OneCoin was also a main sponsor of the occasion.
The Presidential Office’s decision to pull the President’s appearance was most likely influenced by a financial investment warning issued by the Croatian National Count on March 7th.
Via press-release, the Croatian National Bank warned customers that OneCoin was not licensed to operate in Croatia, nor was the company regulated. The bank also indicated a number of regulatory warnings from surrounding European nations.
When Croatian press queried the Presidential Workplace on the President Grabar-Kitarović (best) and Deputy Prime-Minister Dalic’s no-show, OneCoin was mentioned as the sole factor.
At the time we settled on sponsorship, we were not familiar with that OneCoin was the basic sponsor of the Congress.
The minute we found out about the basic sponsor and problems related to OneCoin, Deputy Prime Minister Martina Dalić canceled their involvement.
President Grabar-Kitarović, who was scheduled to speak at 9:50 am, also didn’t attend. The Presidential Workplace also confirmed the sponsorship deal did not consist of financial support.
As far as I can tell the Congress occasion otherwise proceeded as prepared. Far there’s been radio silence on the Congress website and Facebook page.
OneCoin Creator Ruja Ignatova had initially been offered time to speak at the event in exchange for sponsorship, however following an internal examination Ignatova was dropped.
What does it cost? stolen Ponzi loan OneCoin paid on the proviso Ignatova (right) would get to promote OneCoin on phase is uncertain. It has actually considering that appeared that a group of OneCoin affiliates had prepared to host a recruitment booth at the event.
Regardless of successfully prohibiting Ignatova from the occasion, it seems Congress organizers kept OneCoin’s sponsorship funds. This saw OneCoin’s logo design plainly displayed on the occasion phase, possibly producing a PR catastrophe for the Croatian Presidential Workplace.
OneCoin financial investment alerting released by Croatian National Bank
March 8, 2017
South East European Women Entrepreneurs drop Ignatova
March 5, 2017
OneCoin investment alerting issued by Bank of Hungary
June 11, 2015
Bulgarian FSC regulator concerns Onecoin caution
October 5, 2015
OneCoin under regulative examination in Germany
June 5, 2016
OneCoin cancel United States Las Vegas event
October 7, 2015
13 Comments on “Croatian President a no-show at OneCoin sponsored event”
Mar 9th, 2017 at 6:28 pm (Q).
oz: As far as I can tell the Congress occasion otherwise went ahead as planned. So far there’s been radio silence on the Congress site and Facebook page.
inning accordance with a short article released by index.hr a few hours ago, the head of the ladies’s congress, croatia, provided a statement safeguarding their approval of onecoin sponsorship.
Sanela Dropulić of the ladies’s congress apparently mentioned [my interpretation of the google translated short article] that though onecoin was an alleged scam, nothing had actually been shown versus it, and their dealing with the congress had actually been legal and transparent. She specified that though the mayor of Zangreb, Croatia, had legal cases against him, the congress had actually dealt with him too, and this resembled their approval of Onecoin sponsorship.
Well, somebody should ask Dropulic, that if she believed onecoin was ‘innocent till proven guilty’, why didn’t she permit ruja ignatova to speak at the event?
seem like a half baked cover of a reason to me!
Google equate from Croatian, Sanela Dropulic:.
OneCoin at that time did not have any judgment on the credibility of all media labels, as neither now, nor the majority of the processes that form part of the concern.
Rightly have asked us why we believe the claims that were not even in court, nor are they to blame the media crucified for ever lawfully guilty. For those who wish to keep law and legal postulates, enough.
Immediately after that is the City of Zagreb we started the joint activities of preparing the Congress business owners in Southeast Europe. And this at a time when the Mayor Milan Bandic was and still is in a number of claims. Does this mean that we were not enabled even with the City of Zagreb to work together?
This does not intend, nor more to explain the function OneCoin in sponsorship which is totally transparent, both sides examined by a lawyer and as such is entirely finished with all arrangements of law and equally agreed cooperation.
Media speculation and unjustified and unnecessary linking our sponsors specifically the Congress President Kolinda Grabar Kitarovic and Deputy Prime Minister Martine Dalić utterly unnecessary, unsuitable and with the goal of producing a scandal, where current, “according to a statement signed by Sanela Dropulić, head of the Virtual entrepreneurial.
We see a lot of advertising and posting with bitcoin and OneCoin on Facebook so we decided to take a closer look at the company and give a review. Seeing we focus business on Facebook and Facebook ads if we see something trending we like to report.
It is clear that in spite of the apparent experience of its management in developing tools to trick consumers into investing money, the claims made by this OneCoin scam are easily revealed as fabrication.
OneCoin’s style uses eminence and public presence to create an image of value and authenticity. The so-called ‘OneAwards’ claim to reward effective traders, who are invited to the organization’s award occasions. These occasions also function as fundraisers for the One World Foundation’s “tasks.”
” OneAwards incentivize the success stories. Other members will be inspired by your accomplishment– and recognize exactly what big opportunities One offers.”.
OneCoin – Dubai
It was the most recent event in Dubai that prompted James Dollahan to send his own advisory regarding OneCoin’s practices. Dollahan, who works for Filipino consulting firm Worldwide Top, confirmed to CoinTelegraph in emailed comments that a group of partners had attended the Dubai event, together with “roughly 3,000″ others. He explained:.
” They met with the owners and managers of Onecoin and yes, their behavior and things stated were simply as I had cautioned them about. Relating to technical questions, they were not detailed in their responses and much did not make sense to them based on what real crypto currencies are.”
OneCoins – Currency?
Inning accordance with OneCoin, 650,000 OneCoins as well as “50.000 money” of undetermined currency were contributed to the One World Foundation throughout the occasion.
Dollahan’s concern was ignited by a separate marketing stunt featuring Ignatova herself. An alleged interview was published on the front page of Forbes Bulgaria for its May 2015 issue, which OneCoin subsequently advertised on its website and distributed in paper form at the Dubai event.
While OneCoin refers to it as an “interview”, nevertheless, upon closer evaluation it becomes clear that the product is a paid ad. The cover published on OneCoin does not match that from Forbes’ own site. Dollahan flowed an e-mail exchange appearing to contain verification of the paid advertising campaign from Forbes, which is still being verified at the time of writing.
The One World Foundation, publicized as the primary spin-off of OneCoin, claims to help disadvantaged kids through donations collected by means of OneCoin’s operation and unique events.
Its site specifies it is “supporting” different organizations consisting of One Laptop per Kid and Seva, however offers no info about how exactly it does so. A ticker on the homepage states at the time of composing that 73 children have been “assisted,” yet again no additional information is supplied.
The Structure also mentions its mission is to “empower children and youth to learn about today’ seconomy. To make them responsible grownups, who comprehend loan and who can develop a prosperous life.” It is unclear how these objectives are being satisfied by the alleged assistance.
OneCoin’s evident partner, Aurum Coin, on the other hand has seen little activity given that November 2014, with Bitcointalk debate highlighting the lack of backed-up claims and abundant scam reports.
Glaring fine print.
OneCoin is variously stated to be registered in Gibraltar and Ignatova’s alleged home nation of Bulgaria. Regardless of its base, however, it is conspicuous that the USA is amongst the “restricted” countries with the website stating:.
” Marketing Partner Applications may not be accepted from residents within these areas, or there may be limited payment choices available.”.
In its evaluation of OneCoin, MLM news, blog commentary and examines suggests that this is because “OneCoin would quickly fall nasty of SEC guideline worrying the offering of unregistered securities.”.
Exactly what makes OneCoin more than likely to be pure fabrication is nonetheless a basic fact. Nowhere on resources such as CoinMarketCap is OneCoin to be discovered. No info regarding its technical requirements can be easily discovered and is impossible to verify.
CoinTelegraph would recommend to readers that they do not commence dealings with OneCoin, its spin-offs or partners. Similarly, any other tasks linked to the actors mentioned in this article needs to be avoided at all expenses.