Reply to post: Re: Earned A Precarious Living By Taking In Each Others Laundry

OneCoin lawyer trial kicks off in NY as cryptocurrency founder remains on the lam

Southernboy

Re: Earned A Precarious Living By Taking In Each Others Laundry

Except it's not a simple as that.

It wasn't promoted as MLM - more like a revolution which would 'Bank the unbanked' - making it attractive to people who weren't financially literate and who were outside what we consider a normal banking system.

Coupled with the immense cult-like marketing and following it garnered, as is often the case, those least able to afford to lose money were drawn in and lost their houses (literally in some cases).

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