Friday, 26 April 2019
Yet another organization thought to be tied the multi-billion dollar cryptocurrency Ponzi scheme OneCoin has been uncovered. Central Bank of Samoa (CBS) has named the Samoa Worship Centre as being used as a front in the $3 billion OneCoin scam which promised unrealistic returns for investing in a fake cryptocurrency. According to CBS’ announcement, the church and its ministers promoted OneCoin to members of their congregation. Investigators believe that over NZ$3.5 million (US$2.3 million) has been transferred into the scammer’s accounts. Indeed, one person told local outlet RNZ Pacific, that OneCoin representatives pitched their product to the church. Several people,…
This story continues at The Next Web
