Quote from: AndyGreen on October 05, 2016, 02:49:21 AM

Quote from: robbo389 on October 04, 2016, 08:59:20 PM

The City of London Police are also investigating OneCoin along with a multitude of police forces from other countries. Dr Ruja will find it hard to flee if every country she runs to has her under investigation.

https://www.cryptocoinsnews.com/onecoin-claims-unaware-london-police-investigation/

Quote

As the UKs primary financial regulator, the Financial Conduct Authority (FCA) has previously granted licenses to the likes of bitcoin exchange and services Circle. Earlier this week, the regulator and authority issued a public statement, warning consumers against engaging or trading in OneCoin, an altcoin that has garnered controversy in the past.

OneCoin is widely seen as a fraudulent cryptocurrency scheme that purports itself to be a digital currency similar to bitcoin. In its warning, the FCA revealed the City of London Police were currently investigating the alleged scheme, advising consumers who believe they have been swindled to reach out to the National Fraud Centre.

ONECOIN OFFICIAL RESPONSE TO THE RECENT STATEMENT OF THE FINANCIAL CONDUCT AUTHORITY (FCA)
OneCoin is disappointed that the FCA has issued a statement without having first contacted the company. OneCoin has not been contacted by the City of London Police. No allegations of any wrongdoing have been put to OneCoin and the basis for and scope of any investigation has not been explained.

OneCoin is a global software and technology company, with offices in Bulgaria, Hong Kong and the United Arab Emirates, which has developed a cryptocurrency. It shares some features with other digital currencies, but has a unique centralised model, which includes maintaining a database record of each transaction and client and the implementation of Know-Your-Customer (KYC) rules. These measures help protect its clients.

OneCoin is committed to following good business practices and the relevant rules and regulations in the countries in which it operates. It will co-operate fully with the authorities in pursuit of this objective.

uhhhhhmmmmm whaaaaat ? Cheesy