Stefan Sjodin won't give up. Five years after OneCoin's Ponzi scheme collapsed in 2017, the Swedish career scammer continues running the operation's MLM recruitment wing through a private Facebook group called OneCoin Scandinavia, now pivoting toward travel discounts, skincare products, and forex trading.

Sjodin claims he joined OneCoin in September 2014, putting him near the launch of what became a $4 billion fraud. With the scheme's founder now a five-year fugitive and most of the organization either on the run or hiding behind Bulgarian authorities, Sjodin manages what remains: a large group of disgruntled investors he keeps stringing along with promises of new revenue streams.

Last week, Sjodin announced the next phase. OneCoin's "restart" began October 1st. Within two months, he says, OneCoin Voyage will launch—a travel club designed to pull in friends, family, and anyone else connected to the OneCoin ecosystem. Members will pay for monthly, quarterly, semi-annual, or annual subscriptions split 50 percent in OneCoin cryptocurrency and 50 percent in fiat currency.

The pitch is aggressive: up to 90 percent discounts on hotel nights at 2.5 million properties worldwide, 80 percent off resorts and villas, 40 percent off flights, plus discounts on car rentals, cruises, and "experiences." The yearly membership includes Priority Pass benefits. For casual travelers, Sjodin suggests a one-month subscription. For frequent travelers, the twelve-month package allegedly covers costs quickly.

February brings two more additions. OneCoin Vita will sell high-end skincare products marketed as anti-aging treatments, purchased at market prices with 50 percent OneCoin and 50 percent euros. The same month, OneCoin Forex launches. Sjodin notes the CEO has been in the forex industry since 2014 and that test trading showed an 80 percent win rate. Subscribers receive daily trading signals requiring no prior knowledge. The pitch targets people who lost money on previous forex or crypto trades.

The playbook is familiar. OneCoin has always operated by cycling members through new products and services that supposedly generate returns while deepening their financial commitment to the ecosystem. Travel discounts, skincare, and forex trading are all legitimate businesses. OneCoin is not.

Sjodin's victims have already lost money on the original Ponzi scheme. Now he's asking them to lose more through these new ventures, each requiring them to convert remaining OneCoin holdings into yet another product or service. The structure remains unchanged from the original fraud: recruitment, promises of returns, and requests for more money.

OneCoin's collapse didn't stop it. It simply adapted. As long as Sjodin can keep victims convinced the next big thing will pay off, the machine keeps running.

🤖 Quick Answer

What is OneCoin's current operational status five years after its 2017 collapse?
OneCoin continues operating through informal channels despite its Ponzi scheme collapse. Swedish operative Stefan Sjodin manages recruitment activities via a private Facebook group called OneCoin Scandinavia, maintaining contact with disgruntled investors while pivoting toward new revenue streams including travel discounts, skincare products, and forex trading opportunities.

Who currently leads OneCoin's remaining operations?
Stefan Sjodin, a Swedish career scammer who joined OneCoin in September 2014, manages the organization's remaining MLM recruitment activities. With the original founder as a five-year fugitive and most organizational members either on the run or protected by Bulgarian authorities, Sjodin maintains control over a large investor base.

What new business ventures has OneCoin announced?
OneCoin announced a "restart" beginning October 1

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