One of the more endearing mysteries surrounding OneCoin is fate of its two short-lived CEOs; Pierre Arens and Pablo Munoz.

With input from a OneCoin insider, today we go behind the scenes to shed light on their abrupt departures.

Both Pablo Munoz and Pierre Arens were “outside recruits”.

They were figureheads recruited from legitimate companies with established reputations.

They were there to make the thing look legitimate.

Pablo Munoz was appointed OneCoin’s CEO in late 2016.

Munoz once held an executive position at Avon and… well, that’s really all anyone seemed to know about him professionally.

Munoz, a US citizen, operated out of Florida and apparently

is one of the most unpleasant people you could ever meet.  He insisted on flying First Class everywhere.

Beyond appearing in a few marketing videos targeting South America, publicly Munoz didn’t do much for OneCoin.

Apart from the whole “being associated with a Ponzi scheme” reputation killer, it was a good deal for Munoz.

Munoz’s OneCoin CEO stint reportedly saw him sign a €2.5 million EUR a year contract.

On May 7th, 2017, OneCoin held a marketing event in Macau.

Munoz was supposed to speak at the event but failed to show up.

In the lead up to the Macau event, The Gerlach Report claimed Chinese authorities were looking to make arrests at the event.

This was later proven to be a
fabrication on The Gerlach Report’s behalf
.

At the time though Pablo Munoz was none the wise, and purportedly terrified by the possibility of his arrest.

It spooked Munoz to such an extent, and I am not making this up, he faked having had a traffic accident with a cement truck on the way to the airport in Florida!

He claimed he couldn’t walk, etc.

The photo he sent of the “accident” was quickly found on Google Images where he lifted it.

Munoz failing to show at the Macau event signaled the end of his tenure at OneCoin.

As far as I know Munoz was paid out for the rest of 2.5 million EUR contract. After which he ‘
was allowed to fade away
‘ quietly.

OneCoin never publicly addressed what happened to Munoz.

I think he knew everything looking back. And he’s a US citizen and resident.

At the Macau event Munoz was supposed to attend, Pierre “Pitt” Arens was named OneCoin’s new CEO.

Arens, a banker from Luxembourg nobody’d heard of, also didn’t have much of an impact at OneCoin.

Both Arens and Munoz realized very early on that Ruja was impossible to work for. They also both clashed with Irina (Dilkinska).

Both were surprised that they couldn’t get anything answered.

Again, beyond appearing in a few OneCoin marketing videos, Arens didn’t appear to do much for OneCoin publicly.

Arens was clueless.  He delegated everything.

Irina eventually refused to speak to him.  He’d appear on videos and at events and have his picture taken and that was about it.

He has quite a superiority complex.  I thought he seemed to resent being this successful Luxembourg banker and having to report to Bulgarians.

He’d

🤖 Quick Answer

Who were Pablo Munoz and Pierre Arens in OneCoin?
Pablo Munoz and Pierre Arens were external recruits appointed as OneCoin CEOs to provide legitimacy to the cryptocurrency scheme. Munoz, a former Avon executive from Florida, served as CEO in late 2016, while Arens represented another figurehead with corporate background intended to enhance the company's credibility.

Why did OneCoin recruit external CEOs?
OneCoin deliberately hired executives from established legitimate companies to create an appearance of legitimacy and professional management. These outside recruits served as figureheads designed to make the fraudulent scheme appear credible to potential investors and stakeholders.

What was known about Pablo Munoz's professional background?
Pablo Munoz previously held an executive position at Avon Products. Limited professional information was publicly available about him beyond this role. He was a US citizen

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