Scam Warning: Seti Moleli

  • Name: Seti Moleli
  • Company: Triple DZ
  • Location: Brisbane
  • ABN: 80 375 206 656

​Avoid doing business with Seti Moleli. He is affiliated with OneCoin, a known investment scam with links to organised crime​. The Australian Securities and Investments Commission​ (ASIC)​ has cautioned against doing business with OneCoin​ and its affiliated company OneLife. There have been​ ​over 160 arrests​ ​related to OneCoin globally​ and it is reported that OneCoin may have defrauded over $15 billion USD from investors. This warning aims to raise awareness in the Brisbane community of the risks associated with this scam.

OneCoin (also known as OneLife) operates a pyramid scheme that sells investment packages ​in an​ ​illegitimate cryptocurrency​​ by means of ​educational ​packages comprised of ​plagiarized​ content. Ruja Ignatova, the founder of OneCoin, disappeared in 2017 after purchasing an apartment beneath a United States cooperator and learning she was being investigated by the FBI (Inner City Press). Konstantin Ignatova, ​Ruja’s brother and ​former head of OneCoin, has ​​pled guilty to ​significant ​fraud charges in the United States and has admitted under oath that OneCoin is a fraudulent scheme (​Inner City Press​).

Seti Moleli is willfully selling OneCoin packages despite knowing it is a criminal enterprise. No​ formal​ charges are yet to be laid against him​ personally​. However, all verifiable evidence indicates he is ​contravening Australian law by promoting a pyramid scheme ​(Choice). In the event he has personally received payment on behalf of OneCoin​, as many affiliates have​​,​ he is also performing money laundering​ offenses​ for a criminal organisation​ (BehindMLM)​.

If you would like to know more about OneCoin, the following resources are available:

Close