The Traderszone Network

Published in TZ Latest News 22 April, 2017 by The TZ Newswire Staff

BaFin bans German OneCoin partner, could fine it €1.5 mln

The German financial markets and services regulator BaFin said it has banned the local partner of the MLM fraud OneCoin – IMS International Marketing Services GmbH. In a statement on its site, the regulator said it has ordered IMS International Marketing Services GmbH to terminate the financial transaction business with OneCoin traders, effective immediately.

Furthermore, BaFin…

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