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This was such a good podcast as long as you are ok with a bit of the journalists inserting their research process into things. They went to Uganda where OneCoi
by handmodel 5y ago
This was such a good podcast as long as you are ok with a bit of the journalists inserting their research process into things.
They went to Uganda where OneCoin was big. They had created a MLM type system there where they got the local priests to give sermons on why it was good. They interviewed people who sold their livestock - even though they didn't own a computer or cell phone so had no idea what it was - for a few hundred dollars to invest.
It was also highly marketed in the Arab world where it was marketed specifically towards people who can't invest in companies that have interest on loans.
Truly a wild scheme.
- hnzix 5y agoThe Wig punched himself through a couple of African backwaters and felt like a shark cruising a swimming pool thick with caviar. Not that any one of those tasty tiny eggs amounted to much, but you could just open wide and scoop, and it was easy and filling and it added up. The Wig worked the Africans for a week, incidentally bringing about the collapse of at least three governments and causing untold human suffering. At the end of his week, fat with the cream of several million laughably tiny bank accounts, he retired.