According to the Central Bank of Samoa, two large churches and some Money Transfer Operators in Samoa have used the OneCoin operations.
CBS said it recently received a spontaneous intelligence report from the New Zealand Financial Intelligence Unit (NZFIU) regarding the OneCoin operations.
The report said OneCoin is labelled as a “Hybrid Ponzi-Pyramid Scheme” because the scam contains ingredients of both types of scams – Ponzi Scheme and Pyramid Scheme.
