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18 arrested in India for holding OneCoin “Ponzi scheme seminar”

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OneCoin affiliates looking to promote the Ponzi scheme in India held a recruitment seminar in Navi, Mumbai last Sunday. Unbeknownst to them, plain-clothes Mumbai police officers were in attendance. According to the officers in attendance, the scammers running the presentation boasted of local OneCoin affiliates earning between ₹500,000 and ₹1,000,000 INR ($7760 and $15,520 USD). [Continue reading...] Source: 18 arrested in India for holding OneCoin “Ponzi scheme seminar”

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