Embattled pseudo-crypto ponzi scam, OneCoin, has a lot to answer for, now allegedly including the ‘compromise’ of Samoa’s financial system. This is according to the country’s Central Bank, which is investigating two Samoan churches for money laundering over OneCoin.


OneCoin To Ruin Them All

The probe commenced following intelligence from New Zealand police, suggesting that OneCoin had funneled millions of dollars into Samoa. The report claimed that OneCoin had used two Samoan churches with branches in Australia and New Zealand to achieve this.

The Central Bank’s acting-governor, Gilbert Wongsin, said hundreds of Samoans had invested in OneCoin. The investigation will seek to establish whether the churches (Samoa Worship Centre and the Samoan Independent Seventh Day Adventist Church) breached local anti-money-laundering regulations.

We Never Done Wrong, Honest To God

Josh Seiuli, a pastor with Samoa Worship Centre in the capital Apia, said around 500 parishioners had invested in OneCoin. However, he claimed that…

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Source: https://thebitcoinnews.com/onecoin-compromised-samoas-financial-system-churches-investigated-for-money-laundering/