According to an article in the Sofia Globe, a Bulgarian newspaper:
Bulgaria’s Special Prosecutor’s Office said on January 19 that it was involved in an international operation to neutralise a large-scale pyramid structure involving commercial fraud, multi-level marketing and money laundering through the creation and distribution of OneCoin.
OneCoin, which has an office in Sofia, describes itself as a virtual currency. In September 2016, it was the subject of a warning by the UK Financial Conduct Authority.
A statement by the Prosecutor’s Office said that prosecutors and investigators from the Special Prosecutor’s investigation unit, as well as officers from Bulgaria’s directorate against organised crime and the State Agency for National Security, were involved in the international investigation.
This was on the basis of an international legal assistance order from the Prosecutor’s Office in the German city of Bielefeld (North Rhine-Westphalia) which had arrived in October 2017.
Representatives of Eurojust and Europol are actively involved in the execution of the court order, the Prosecutor’s Office said.
Bielefeld prosecutors had asked the Bulgarian authorities to carry out specific procedural and investigative actions on the territory of Bulgaria vis-à-vis the Bulgarian company “One Network Services” EOOD and its affiliates, including two Bulgarian women with German citizenship.
Investigators had identified the
To tie in with #MicroBizMatters day, which took place earlier this month, business owners were being encouraged to provide tips which they felt could benefit others. Following on from the event itself, where I appeared on the Makers, Creators and Manufacturers panel, I thought it might be helpful to share some of my top tips
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The future is looking bright for UK SME (small and medium-sized enterprise) online retailers, with 70 per cent saying they experienced an uplift in sales in 2017 compared to the previous year and 74 per cent expressing confidence that sales will increase in 2018, according to a study commissioned by Royal Mail. The health and
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Youngevity International, Inc. (NASDAQ: YGYI), a leading omni-direct lifestyle company, today announced the hiring of Dr. Sharmila Chatterjee as the Managing Director for Russia and CIS countries.
Since 2004, Dr. Chatterjee has broad experience working as a Managing Director in Russia, Kazakhstan and Ukraine for direct selling companies and overseeing the different functional areas of business.
Dr Chatterjee also has extensive experience in developing new business, contributing to the growth of her previous company.
“We are thrilled to have Dr. Chatterjee join our team. Her previous successes and experience should help us address more of Russian’s $2 billion direct selling market.”
stated VP of International Sales & Operations, Luke Taffuri.
“She has been the Treasurer and an active member of the Russian DSA and has contributed to many articles pertaining to the retail and Direct Selling Industry in the local press.
Additionally she has supported many projects aimed at promoting entrepreneurship in Russia and charity programs that are affiliated with Olympic sportsmen. Our executive team all recognized her credentials, track record, experience, and knowledge of the direct selling business as the embodiment of the type of leadership qualities we sought for this extremely important position.”
Dr. Chatterjee stated, “I am very excited to have this opportunity
New research finds the UK’s SMEs are optimistic about the global economy and their role in it – and indicates that they are going ‘back to basics’ to unlock ambitious growth over the next 12 months. American Express has partnered with Oxford Economics to survey SMEs from around the globe, to understand the threats they
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Since joining Learning Enterprises Organisation Ltd (LEO), a global entrepreneurship training company and direct selling organisation, in September 2016, Dr Jacques Guy Tambo has proved himself to be an impressive leader, already reaching the rank of Senior Associate.
Through sheer commitment and hard work, he is making his mark as a pioneering LEO Member in the blossoming new market of Cameroon, and setting an example for budding entrepreneurs everywhere.
Based in Douala, in Cameroon, Central Africa, Dr Jacques Guy Tambo left behind a high-flying background as a CEO and company director, to find a strong sense of fulfilment by running his own successful LEO business.
With a particular passion for cryptocurrency, and the promising future he is convinced it holds, Dr Tambo was drawn to LEO, with its own cryptocurrency, LEOcoin, but also firmly believes in the valuable entrepreneurship educational opportunities the organisation offers. So, to discover more about this committed and inspirational direct selling professional, we asked him some incisive questions:
You have achieved so much since joining LEO – what would you say is the secret to your striking success?
My success is simply the result of hard work, a consistent focus on spreading the word about LEO’s wonderful products and, of course,
January is a funny time of the year for the small business owner. As they get back into the swing of things following the festive break there’s a sense of excitement for the new year ahead, but there’s also the prospect of a lot planning, dreaded tax returns and end of year figures to review.
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Starting a new business is an exciting, multifaceted process and will undoubtedly be planned with a strict budget in mind until an established enterprise, with a trusted reputation and reliable profit can be assured. From trying to promote your brand and securing sales to managing administrative and legislative issues, it’s absolutely essential to have the
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In 2005, Rick Jerrells was a top earner in another company and he was building relationships that would shape his future in Valentus.
Rick, Valentus CEO Dave Jordan and Valentus Blue Diamond Korey Johnson were three of the top earners in the company. Rick was impressed with the work ethic of both Dave and Korey, so when Dave asked Rick to join Valentus in 2014, Rick immediately jumped on board.
“I knew Dave had a lot of good connections and he was a great marketer, so I was excited to work with him,” Rick says. But beyond his experience with Dave, Rick’s experience in network marketing had laid a foundation for what he knew to look for in a direct sales company. His No. 1 requirement was simplicity.
“The business needs to be simple when you are running a home-based business,” Rick says.
The sampling program showcases the simplicity. Instead of asking someone to spend money on a product, people can sample the product and experience the benefits for themselves as well as taste the deliciousness. “The ease of the business makes it unique and much easier than a pill-or-potion type of company,” he says.
Rick builds his Valentus business through a DMO (Daily Method of
Having worked at the forefront of the graduate recruitment industry for a number of years, 2017 stood out as a year dominated by technology – and this will undoubtedly continue into 2018, too. This year, however, advancements in recruitment technology and the adoption of new strategies with different priorities will forever change the relationship between
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