OneCoin Investors Arrested In Bangladesh For Fraud. In a previous post I reviewed the OneCoin ponzi scheme earlier and warned about it. Now Dhaka Metropolitan Police (DMP) Counter Terrorism Unit arrested two OneCoin investors in Bangladesh for having MLM fraud.
Officers of the DMP’s Counter Terrorism Unit, Cyber Security and Cyber Crime Intelligence agencies had been monitoring what they refer to as an “MLM fraud gang” for some time.
On June 15th at approximately 10pm, DMP officers arrested Nazrul Islam Mamun and Zahirul Islam Zahir. The all three suspects stand accused of promoting the OneCoin, Ilgamos and ImpaxGold Ponzi schemes.
DMP officers allege Mamun and Zahir, through promotion of OneCoin, Ilgamos and ImpaxGold, received “large sums of money” from the general public through deception.
Interrogation of the suspects revealed they accepted money from victims in exchange for IDs, which victims were told to “collect later”.
In schemes like OneCoin, Ilgamos and ImpaxGold, some initial members benefit, but at the bottom (of the scheme there are) a huge amount of financial losses.
Mamun and Zahir purportedly recruited their victims through hotel presentations. DMP officers claim hotel presentations are ‘renowned for providing the general public with false information about businesses‘.
DMP officers are claiming that ‘necessary measures are being taken to stop these sites‘. A case has been filed with Ramna Police Station for further investigation.