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The Onecoin Scam – Sebastian Greenwood and the Great Crypto Pyramid - Nord News
The Onecoin Scam – Sebastian Greenwood and the Great Crypto Pyramid

The Onecoin Scam – Sebastian Greenwood and the Great Crypto Pyramid

In this week’s P3 Krim, we tell you about a giant lifestyle company connected to a cryptocurrency that never actually existed, but instead turned out to be a classic pyramid scheme.

It concerns the tangle surrounding the cryptocurrency onecoin, where scores of people have been cheated, including tens of thousands in Sweden. In onecoin’s case, it’s also a bit special for the cryptocurrency, the one that everyone bought into, never really existed.

One of those suspected of having been behind the scam is Swedish Sebastian Greenwood.

He has been charged with money laundering, IT fraud, IT fraud, investment fraud and investment fraud. He risks a prison sentence of between 20 and 90 years. Greenwood was arrested in Thailand in 2018 and is in custody in the United States awaiting trial.

Cast:

*Anna Lioufas, criminologist and has worked with fraud at the police

*Josefin Aronsson, investigator at the Gambling Inspectorate

Host:

Evalisa Wallin

Viktor Ahldén

Reporter: Jill Eriksson

Producer: Linus Lindahl

Recordist: Johan Hörnqvist

Contact: p3krim@sverigesradio.se

Tip phone & Signal: 0734-61 29 15

Source: ICELAND NEWS


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