Laurent Loius was a member of the Belgian Chamber of Representatives from 2010 to 2014.

In 2014
Louis
received a suspended sentence ‘
for slander relating to accusations of pedophilia he had made against public figures’.

In 2015 Louis was banned from running for office for six years.

Earlier this year Louis began promoting OneCoin, which eventually prompted a criminal investigation by Belgian authorities.

That investigation yesterday culminated in a criminal complaint filed against Louis.

Laurent Louis (right) is suspected by authorities of being a major OneCoin promoter in Belgium.

Authorities
estimate
Louis has generated over 2 million Euros revenue for OneCoin. Personally Louis is believed to have pocketed 100,00 to 200,000 Euro in referral commissions.

The Public Prosecutor’s Office alleges Louis created his OneCoin downline by pitching the scam to his electorate.

Louis has been formally charged with pyramid selling, fraud, money laundering and violation of common and banking laws.

In about 8 months Louis has scammed 2000 to 3000 locals. Some are reported to have handed over their life savings.

Earlier this year Belgium’s Financial Services and Markets Authority regulator
issued a warning against OneCoin
. In the absence of victim complaints however, there was little else they could do.

The criminal investigation into Louis’ involvement in OneCoin was initiated following a complaint filed by a victim. How much money the victim lost is unknown.

OneCoin has been
unable to pay affiliates for months
. Outside of sporadic ROI payouts, the only money OneCoin affiliates are making is via the recruitment of new affiliate investors.

Whether this will see a formal criminal investigation into OneCoin by Belgian regulators remains to be seen.

Lawyers representing the Belgian victim hope that their client’s request means Belgian authorities ‘
will finally take notice of the issue of OneCoin in Belgium’
.

It’s really very urgent to put an end to this virtual scam given the extent it was able to spread across Belgium in these last few months.

An “impressive” amount of information was shared by the lawyers with Belgian authorities investigating the case.

Louis has not been taken into custody. He was scheduled to present a OneCoin promotional event today (Saturday).

What Louis’ criminal complaint means for promotion of OneCoin in Belgium is unclear.


🤖 Quick Answer

Who is Laurent Louis and what are the criminal charges against him?
Laurent Louis, former Belgian Chamber of Representatives member (2010-2014), faces criminal charges for promoting OneCoin. Authorities estimate he generated over 2 million Euros in OneCoin revenue, personally earning 100,000-200,000 Euros in referral commissions. The investigation culminated in formal criminal complaints filed by Belgian authorities.

What is OneCoin and why is Louis's promotion problematic?
OneCoin is a cryptocurrency scheme that prompted a criminal investigation by Belgian authorities. Louis's active promotion of OneCoin as a political figure raised regulatory and consumer protection concerns, leading to his prosecution for facilitating what authorities considered a fraudulent investment scheme targeting Belgian citizens.

What is Louis's legal history prior to the OneCoin charges?
Louis received a suspended sentence in 2014 for slander related to pedophilia accusations


🔗 Related Articles

- Philip Han under criminal investigation, condo raided in Brazil
- Oscar Garcia providing payment processing to NextGen Ponzi
- Be Club under investigation in Denmark
- Be Review: Melius rebooted as subscription pyramid
- Kripto Future pyramid scheme warning issued in Russia