OneCoin

On January twenty seventh OneCoin defendant Gilbert Armenta’s attorneys filed a Sentencing Memorandum. The submitting was closely redacted, prompting Inside Metropolis Press’ Matthew Lee to file a movement requesting entry to an unredacted model. On the request of the court docket, on February tenth Armenta’s attorneys clarified their place on the redactions. Recognizing that Mr. […]

Again in 2016 the Metropolis of London Police arrested Christopher Hamilton. Hamilton had been reported up for suspicious transactions by his financial institution. An investigation revealed the transactions had been tied to OneCoin. Together with Hamilton’s arrest, the CoLP additionally seized £30 million in checks, purportedly despatched to Hamilton by convicted OneCoin cash launderer Gilbert

Bulgarian authorities have raided the workplaces of the Nexo crypto Ponzi scheme. That itself is simply one other day in crypto however authorities are apparently alleging Nexo’s founders had ties to OneCoin. Nexo itself is your typical crypto “staking” Ponzi hiding behind an change. Nexo traders earn as much as 10% yearly on staked cryptocurrency.

Christopher Hamilton’s OneCoin cash laundering indictment has been unsealed. Initially filed again in March 2019, Hamilton’s indictment particulars two counts of fraud. As per his indictment, Hamilton labored with co-conspirator Robert MacDonald to launder over $100 million for OneCoin. Hamilton (proper) and MacDonald structured their transfers in such a method as to “conceal and disguise

Karl Sebastian Greenwood has pled responsible to OneCoin associated wire fraud and cash laundering fees. Greenwood (proper) was scheduled to face trial in Could 2023. Following submitting of a superseding indictment, which has not been made public, Greenwood (proper) opted to plead responsible. No plea deal was made with the DOJ. Greenwood’s case docket has

In what may be oblique affirmation Frank Schneider will likely be extradited to the US, the DOJ moved to unseal his indictment. The court docket granted the DOJ’s request on December fifth. Schneider (proper) was indicted by a Grand Jury in New York someday after 2019. The beforehand sealed indictment is just not dated so

In a shocking improvement, Luxembourg’s authorities has confirmed it won’t contest Frank Schneider’s extradition. As per a November seventh report from RTL; Luxembourg couldn’t stop the extradition of former SREL worker Frank Schneider to america. That is what each the Prime Minister and the judiciary say. The query of whether or not the federal government would

Following responsible pleas by two of the fourteen OneCoin defendants in Argentina, the pair have been sentenced to jail. Adolfo Domínguez and Aldo Leguizamón will serve three years and 6 months and 4 years and three months respectively. As reported by La Nacion on November seventh, Dominguez’s and Leguizamon’s responsible pleas noticed them freely and