[Podcast] exclusive: One Coin, investigation into a sprawling cryptocurrency scam - Trends-Tendances - economic news in real time.

[Podcast] exclusive: One Coin, investigation into a sprawling cryptocurrency scam – Trends-Tendances – economic news in real time.

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Thousands of Belgian investors have placed their money in One Coin, a mysterious cryptocurrency. Most have lost everything in the adventure. Their retailer is a former federal deputy: Laurent Louis.

This is the story of a gigantic scam, with international ramifications. All over the world, men and women, lured by promises of easy money, have invested in One Coin. This attractive financial product presents itself as a revolutionary cryptocurrency, an investment with maddening returns. But the reality is quite different.

Duped by ingenious sellers, most buyers have lost all of the money invested. This modern, extremely sophisticated scam has claimed hundreds of thousands of victims worldwide. The losses amount to billions of euros!

Former MP Laurent Louis involved in the scandal

The scandal does not spare Belgium. Thousands of Belgian investors have bought One Coin. Many of them did so on the advice of a public figure: former federal deputy Laurent Louis.

For a year, I investigated the heart of the sprawling One Coin network. I have met many victims, who have sometimes swallowed up astronomical sums in this risky adventure. I was able to access confidential documents and exchanges. I infiltrated WhatsApp groups promoting One Coin. I went up the Belgian track, which leads directly to Laurent Louis.

The coronavirus, this business opportunity

All this in the midst of the coronavirus crisis. This unstable and distressing period, the former parliamentarian has indeed transformed into a real business opportunity, the ideal time to showcase his favorite investment product: the One Coin.

Discover One Coin, The Network, your new investigative podcast in six episodes.

This is the story of a gigantic scam, with international ramifications. All over the world, men and women, lured by promises of easy money, have invested in One Coin. This attractive financial product presents itself as a revolutionary cryptocurrency, an investment with maddening returns. But the reality is quite different. Duped by ingenious sellers, most buyers have lost all of the money invested. This modern, extremely sophisticated scam has claimed hundreds of thousands of victims worldwide. Losses amount to billions of euros! Former MP Laurent Louis involved in the scandal The scandal has not spared Belgium. Thousands of Belgian investors have bought One Coin. Many of them did so on the advice of a public figure: former federal deputy Laurent Louis. For a year, I investigated the heart of the sprawling One Coin network. I have met many victims, who have sometimes swallowed up astronomical sums in this risky adventure. I was able to access confidential documents and exchanges. I infiltrated WhatsApp groups promoting One Coin. I went up the Belgian track, which leads directly to Laurent Louis. The coronavirus, this business opportunity All this in the midst of the coronavirus crisis. This unstable and distressing period, the former parliamentarian has indeed transformed it into a real business opportunity, the ideal time to showcase his favorite investment product: the One Coin. Discover One Coin, The Network, your new podcast investigation in six episodes.

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