OneCoin

OneCoin cash launderer Mark Scott has been launched from jail. The choice was made on the premise of Scott’s present medical situation and issues over the coronavirus pandemic. Scott’s earlier bail circumstances noticed him held at Miami FDC. Following the March thirtieth order, Scott (proper) can be topic to twenty-four hour dwelling incarceration at his […]

In his witness testimony at Mark Scott’s trial, Konstantin Ignatov claimed OneCoin took in over $2 billion. In January 2019, US authorities pegged OneCoin losses at over $4 billion. That cash needed to go someplace. In the present day we study precisely how Mark Scott shuffled a whole bunch of hundreds of thousands of euros

Over the weekend OneCoin’s Konstantin Ignatov was launched from jail. Conversely however for an unrelated purpose, Mark Scott returned to jail. I hoped we’d get a case docket replace at this time however doesn’t appear like that’s going to occur. In keeping with the Federal Burea of Prisons inmate search, Konstantin Ignatov was launched on

Mark Scott’s trial noticed FBI Particular Agent Shimko take to the stand. As revealed in Particular Agent Shimko’s cross-examination, the primary recognized OneCoin arrest by US authorities was mid September 2017. Particular Agent Shimko was assigned to the FBI’s OneCoin investigation in September 2017. To this point US authorities haven’t revealed when precisely they started

On paper OneCoin by no means formally operated within the US. Unofficially US traders had been being fed the identical lies and inspired to enroll. Spearheading these efforts had been Maurice Katz and Sal Leto. Katz and Leto hosted numerous OneCoin occasions throughout the US, with the help of native promoters. One such occasion was

If you happen to ever puzzled what daily life was like in a $4 billion greenback Ponzi scheme, Konstantin Ignatov’s witness testimony might be your finest wager. BehindMLM reader WhistleBlowerFin has graciously made accessible transcripts from Scott’s trial late final 12 months. Along with his pre-trial testimony and reside reporting from the Interior Metropolis Press,

Convicted OneCoin cash launderer Mark Scott is dealing with disbarment. In line with a report from the Miami Herald, Scott has been suspended from practising regulation as of final Wednesday. The Miami Herald’s report could be verified in opposition to Scott’s Florida Bar disciplinary motion web page, which hyperlinks to a Feb third Supreme Court

A brand new entry on Mark Scott’s OneCoin case docket suggests he is likely to be going through new expenses. On March 2nd the DOJ filed an endorsed letter with the court docket. Within the letter, the DOJ request an adjournment of the change of plea management date on this matter that’s at the moment

ePayments Methods is among the UK’s largest digital funds firms. Effectively, it was… till the FCA unexpectedly shut it down on February eleventh. Together with the shutdown got here a freeze order, trapping what’s believed to be over £100 million in consumer funds. Oh, and did I point out there’s a particularly attention-grabbing tie to

New Zealand’s Commerce Fee has introduced it is not going to proceed with an investigation into OneCoin. The Monetary Markets Authority was the primary New Zealand regulator to difficulty a OneCoin warning again in 2018. Someday in 2019 New Zealand police filed a report with the Commerce Fee, detailing OneCoin associated fraud. The Commerce Fee