OneCoin

US authorities have arrested a second OneCoin cash launderer, David R. Pike. Pike labored with convicted OneCoin cash launderer Mark S. Scott. He was apprehended after mendacity to federal brokers about laundered OneCoin cash. Final December David Pike attended a gathering with FBI, IRS and DOJ. Throughout the assembly Pike was queried on $400 million […]

In a verdict that can possible shock nobody, a jury has discovered Mark Scott responsible of laundering cash for OneCoin. Early on within the trial it turned obvious not a lot whether or not Scott (proper) could be discovered responsible, however how responsible. To that finish Scott’s protection crew put forth his ignorance of OneCoin’s

A secretly recorded dialog between Ruja Ignatova and Gilbert Armenta, her boyfriend, underscores hyperlinks between OneCoin and arranged crime. As a part of his testimony earlier this month, Konstantin Ignatov (proper) recognized Gilbert Armenta as a serious participant in OneCoin’s cash laundering operations. He additionally cited Armenta as his sister Ruja’s boyfriend. Each Ruja Ignatova

Courtesy of Matthew Russell Lee from the Internal Metropolis Press, particulars of Konstantin Ignatov’s responsible plea have been made public. That Ignatov was cooperating with the DOJ was revealed throughout the early days of Mark Scott’s felony trial. It was assumed Ignatov had additionally reached a plea settlement, however particulars weren’t publicly obtainable. Reporter Matthew

The DOJ has filed a letter requesting a number of communications be admitted as proof, on the grounds they show Mark Scott knew OneCoin was fraudulent. The communications in query are correspondence between Scott and “financial institution and different suppliers”. Banks and different suppliers grew to become suspicious of each OneCoin and the Fenero Funds,

Mark Scott’s OneCoin trial is happening over the subsequent few weeks. The spotlight of proceedings to this point has been Ruja Ignatova’s brother, Konstantin Ignatov, trotted out as a cooperating witness. Ignatov’s testimony, yesterday specifically, has supplied us with a couple of attention-grabbing bombshells. As is more likely to be the case all through Mark

Konstantin Ignatov has appeared as a witness for the DOJ. Examination by prosecutors spanned questions on his involvement in OneCoin, working beneath his sister, Ruja Ignatova, and Mark Scott’s go to to the Sofia head workplace. Konstantin (proper) appeared for the DOJ as a cooperating witness in jail blues. Ignatov is at the moment being

The DOJ has hit again at Mark Scott’s motions in limine, labeling them a clear try to whitewash the trial of the defendant’s felony conduct and curtail considerably the Authorities’s means to introduce related proof. Under are the principle arguments Scott’s legal professional put forth that the DOJ object to. Referring to individuals who have

Mark Scott’s legal professional has put ahead the extraordinary argument that mendacity to banks isn’t financial institution fraud. The declare was made in an October twenty third letter to the court docket, relating to the DOJ’s request to cost Mark Scott with financial institution fraud. Scott was indicted on financial institution fraud by way of

Each Mark Scott and DOJ have filed their respective motions in limine, in preparation for Scott’s November 4th trial date. Perusal of the motions suggests Scott’s protection will rely closely on suppression and straw clutching. Mark Scott’s protection motions in limine was filed on October 18th. In abstract, Scott (proper, along with his spouse) put