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Kate Winslet to Star in and Produce ‘Fake!’ Movie About OneCoin Ponzi Scheme


Also Read: Kate Winslet, Priyanka Chopra-Jonas Join HBO Max's 'A World of Calm' as NarratorsAccording to Cointelegraph, OneCoin was founded in 2014, and the Bulgaria-based company followed the typical structure of a multilevel marketing scheme — but with a twist.

There were no products or memberships to be peddled; instead, there was a cryptocurrency that the promoters of OneCoin claimed to be the next Bitcoin.

The Ponzi scheme netted revenues of around $4.4 billion, although some claim that the scheme could have stolen up to $19.4 billion.

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