OneCoin Promoter Murdered in Mexico
Two men promoting a cryptocurrency scam were found suffocated and stuffed into suitcases in a vacant lot in Mazatlan, Mexico. Oscar Brito Ibarra and Ignacio Ibarra, both OneCoin affiliates, were killed in what Mexican authorities are investigating as a homicide.
The bodies tell a story of desperation and fraud that spiraled into violence across Latin America.
Brito was a 28-year-old waiter living with his parents in Chile when he got pulled into MLM schemes in late 2017. He started with forex trading before signing up as a OneCoin affiliate sometime that year—long after OneCoin's Ponzi scheme had already collapsed. By 2017, the operation was nothing but a pyramid recruitment machine. Brito had to convince people to invest in a dead ecommerce platform called DealShaker while pushing the fake currency.
He teamed up with other Chilean OneCoin promoters and took the scam across Argentina, Brazil, and Colombia. As 2019 wore on, recruitment dried up. Brito needed a new angle.
That's when he discovered the Latin American Automotive Marketing Company, or CLA. The outfit operated in Argentina and Colombia with a simple pitch: send cryptocurrency, buy a car at a discount. Brito traveled to Argentina to meet CLA representative Cristian Cabrera. The plan was to get CLA to accept OneCoin and promote itself through DealShaker.
By February 2020, Cabrera and Ignacio Ibarra flew to Chile to launch the scheme. They offered Toyota cars and trucks for $1,000 upfront, then demanded another $400 in "patent registration fees." Investors were told the rest would be paid in cryptocurrency at a reduced price thanks to the OneCoin system. Brito became the local face of CLA, giving the scam credibility among Chilean OneCoin promoters.
The promotion ended March 1st. A week later, Brito traveled to Mexico to visit CLA's headquarters.
By then, the scheme was falling apart elsewhere. In Argentina, 140 people reported being scammed by CLA. One victim, speaking anonymously to La Tercera, estimated they collectively lost nearly $400,000. They're building a case to prosecute.
Across Colombia, OneCoin affiliates were growing suspicious of CLA. YouTube posts from promoters like Aldo Leguizamón show infighting over who had exclusive rights to recruit for the scheme.
Brito's trip to Mexico in March 2020 was likely his last attempt to salvage the operation. Instead, he and Ibarra ended up dead, suffocated and discarded like the worthless promises they'd been selling.
The case remains under investigation.
🤖 Quick Answer
What happened to Oscar Brito Ibarra and Ignacio Ibarra in Mexico?Oscar Brito Ibarra and Ignacio Ibarra, both OneCoin cryptocurrency scheme affiliates, were found suffocated and stuffed into suitcases in a vacant lot in Mazatlan, Mexico. Mexican authorities are investigating their deaths as homicides, representing a violent conclusion to their involvement in the collapsed MLM pyramid scheme.
Who was Oscar Brito Ibarra and how did he become involved in OneCoin?
Oscar Brito Ibarra was a 28-year-old Chilean waiter living with his parents who became involved in multilevel marketing schemes in late 2017. He initially participated in forex trading before registering as a OneCoin affiliate, despite the scheme having already collapsed into a pyramid recruitment operation by that time.
**What was the nature of the OneCoin scheme
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