There seems to be no end to the deluge of drama and intrigues surrounding OneCoin. The popular Ponzi scheme has demoted Kari Wahlroos, one of its principal officers.
Kari Wahlroos was one of the ‘shining lights’ of the controversial Ponzi scheme, OneCoin. A pseudo-digital currency that collects fiat currencies from its investors in exchange for marketing packages and tokens in the scheme.
Prior to joining OneCoin, Kari Wahlroos was the principal officer of Wellstar, another multi-level marketing scheme that wrestled with him when he decided to jump ship to OneCoin.
In an embarrassing manner to its once cherished employee, OneCoin said in a statement that:
Effective today, December 4, 2017, Mr. Kari Wahlroos, will no longer serve the role of OneLife Network European Ambassador.
This news follows a series of reports issued on his activities as an independent marketing associate.
Due to consistent miscommunication and misrepresentation of the OneLife Network operations and strategy, the management team of OneLife has taken the unfortunate decision to demote Mr. Wahlroos from all his activities and responsibilities for the Network.
The company has experienced serious legal consequences, following Mr. Wahlroos’ behavior on and off stage, indirectly damaging its credibility and reputation.
There are obvious cracks in the company’s management owing to the fact that the demotion of Kari was coming less than two months after OneCoin’s chief executive, Pierre Arens tendered his resignation in a confusing manner.
It is a possibility that Kari might throw in the towel and tender his resignation. This might expose the secrets of OneCoin and everything else the Ponzi scheme has refused to explain as there are fillers that Kari is aggrieved and might end up spilling the beans.
OneCoin has been banned by several countries because it is an outright fraud that has no relation to blockchain technology let alone having any similarities with Bitcoin.