Even because the OneCoin Ponzi scheme makes its method by way of the courts, a film about it’s now in improvement with a Titanic lead star.
As reported by Deadline, Kate Winslet has signed on to star and produce Faux!, a film based mostly on an unpublished e-book by Jen McAdam and Douglas Thompson. McAdam, a sufferer of the OneCoin scheme, shall be a producer on the movie.
Faux! shall be written and directed by Scott Z. Burns, who helmed The Report, a political drama based mostly on the CIA’s report on torture publish 9/11, and wrote the 2011 pandemic film Contagion, which additionally starred Winslet.
OneCoin was based in 2014 by Ruja Ignatova in Bulgaria. As Cointelegraph beforehand reported, OneCoin adopted the standard construction of a multilevel advertising and marketing scheme, however with a cryptocurrency twist. It promised OneCoin is the following Bitcoin although it wasn’t backed by a blockchain or a community. Regardless of a number of warnings from crypto trade insiders and authorities businesses, OneCoin continued to be fashionable, fostering an ‘us vs. them’ mentality.
McAdam, who began a assist group for OneCoin victims, advised Cointelegraph she and her family and friends invested and misplaced over 250,000 euros ($298,800) earlier than she realized its server was not a blockchain and couldn’t create crypto.
Ignatova was charged with wire fraud, securities fraud, and cash laundering on Might 7, however she has not been seen since 2017. Her brother Konstantin Ignatova, an govt in OneCoin, was charged with the identical in March. He has since agreed to testify towards his sister. Buyers have sued OneCoin for fraud alleging losses of as much as $5 billion.
Faux! will not be the primary art work impressed by the OneCoin scheme. A TV present based mostly on the British Broadcasting Company (BBC) podcast about Ignatova can be in improvement.
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