on March 8, 2020, Mirror once again brought to the attention of its readers, the two-time scammers Moyn and Monir Islam, who are back at it, with a new OneCoin-like scheme known as Melius, that they claim will make the most millionaires.

The two London-based brothers are best known for their shady inspirational quotes, flashy dressing and showing off their wealth. They used the classic eye and ear appeal in the past to lure in people to invest in OneCoin’s parent business, OneLife, whose website is currently flagged as a phishing link.

OneCoin’s Bubble Burst and cost Investors Billions of Pounds in Losses

The Melius get-rich-quick scheme is not the first time the Islam bothers have been perpetuating such schemes.

The pair first promoted OneCoin, claiming that it would create 300 millionaires in only one year. The lie that fell apart, causing huge losses to a lot of clueless and enthusiastic investors and put OneCoin founder Ruja Ignatov on the run from the authorities in the US and Europe.

According to the FBI’s Assistant Director William Sweeny, OneCoin is worthless. He said:

“In fact, the only ones who stood to benefit from its existence were its founders and co-conspirators.”

On March 8, 2018, Manhattan US Attorney announced charges against one of the co-conspirators and Ruja’s brother Konstantin Ignatov, who was arrested at the Los Angeles International Airport. Manhattan U.s attorney Geoffrey Berman stated:

“As alleged, these defendants created a multibillion-dollar ‘cryptocurrency’ company based completely on lies and deceit. They promised significant returns and minimal risk, but, as alleged, this business was a pyramid scheme based on smoke and mirrors more than zeros and ones.”

The Islam Brothers Reappeared, This Time Promoting “Wearable Technology”

They claimed that Gizmos, the wearable technology, could measure things like the heartbeat when strapped on the wrist. In mass rallies, Moyn and Monir did not try to sell the devices. Instead, they convinced people they would earn money by joining and getting others to join too.

In one rally, Moyn said, “Can we be at least worth £2billion by 2020. Absolutely yes, if not more.”

The devices were produced by US-based companies, World Media and Technology, and not only did they never come anywhere close to making £2 billion, but the devices are also hardly traceable in the market today.

Melius Sounds like Just the Right Name for Yet another Con

Melius passes off as a software selling business called IGoTrade that will help people to make money from foreign exchanges and cryptocurrency markets. Monir, the “Chief Visionary Officer” now claims:

“Every time you refer customers or a distributor who buys a subscription, you earn a commission.”

Melius promises 20% of the amount paid by new successful recruits and 10% from when they make their own recruits. Monir goes on:

“December 31, 2022, this will be a billionaire company. This company is going to produce more millionaires than any company that I know of.”

Melius also tries to associate itself with major famous brands by mentioning companies like Google, Netflix, Facebook, Uber, and Alibaba. In a video advert, a third brother, Ehsaan Islam says;