Poland Issues Warning To OneCoin, DasCoin, And Others
OneCoin has been getting a lot of attention on the web lately.
Because there is so much hype, a lot of network marketers are trying to sell this opportunity all over the place, including all over social media.
I want to let you all know that I am NOT in any way promoting or selling OneCoin.
I have simply gathered for you all the facts in this OneCoin Review in order for you to make a proper decision about it.
So, is it true? Is OneCoin a scam?
Can it really help you build an online empire?
Let’s carry on with the review.
What Is OneCoin?
Over in Poland, serious actions are being taken against a variety of schemes and scams that live in the MLM underbelly.
Poland’s Office of Competition and Consumer Protection, also referred to as the UOKiK, has now sent out scam warnings to the following MLM schemes:
- Questra World/Atlantic Global Asset Management
The warning went out on December 18, and the leader of this is Marek Niechciala.
Niechciala took regulatory action against MLM underbelly scams earlier this year, and this seems to be their last attempt at going after these companies before 2017 is officially over.
Going through the companies that received warnings, they go as follows:
“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.”
“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”.
You really do not know what DasCoin is, so consumers are paying money for something they do not have.”
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.”
Questra 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).”
“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.”
“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.”
Lastly, Niechciala also took this time to address the general issues that surround MLM opportunities operating as Ponzi and pyramid schemes:
“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.”
If you live in Poland and you’ve come across an opportunity that you believe is operating within the MLM underbelly, you’re instructed to file an official fraud report with the local law enforcement branch in your area.
Is OneCoin A Scam?
Have you heard from a friend that OneCoin is a scam?
Based on this review, it might be hard to tell.
What exactly is the truth about OneCoin – is it a scam or legit?
Good news – OneCoin is not really a scam.
But, be sure to take a look at the conclusion, because there are some things you should be aware of.
This is how you will build a successful in your business.
Let me help you make more money.
OneCoin Review Conclusion
I sure hope that you have found my OneCoin review helpful for you.
Some other reviews have been pretty scant on details, and I wanted my OneCoin review to have all the information for you.
If you decide to carry forward with OneCoin, make sure you make the most out of it and learn how to market yourself online.
Click to get my free training that shows you how.