Gilbert Armenta’s OneCoin fraud indictment

Gilbert Armenta, a resident of Florida, was a key figure in OneCoin’s money laundering operations. He has also been romantically linked to OneCoin’s founder, Ruja Ignatova. On September 12th, 2017, Armenta was indicted by a Grand Jury on three counts of extortion; conspiracy to commit extortion, attempted extortion and travel […]

Mind Capital & EXW illegal in Italy, websites blocked

Mind Capital and Exchange Wallet, both MLM Ponzi schemes, have been declared illegal in Italy. CONSOB, Italy’s top financial regulator, has ordered both company’s websites blocked. CONSOB identifies both Mind Capital (dba Mindcapital Ou) and Exchange Wallet (dba VivaExchange Ou) as “abusive financial intermediaries”. In a localized equivalent of securities […]