OneCoin

OneCoin cash launderer David Pike has been sentenced to 2 years probation. Pike’s sentencing listening to was lined by Interior Metropolis Press, with Matthew Lee reporting from the courtroom. As per Lee’s report, prosecutors submitted a six to 12 month sentencing guideline. Pike’s protection legal professional requested a non-incarceratory sentence. Decide Ramos sentenced Pike to […]

OneCoin co-founder Sebastian Greenwood has fired his attorneys on the eve of a pretrial convention. In a submitting requesting permission to withdraw from the case, Greenwood’s former legal professional claims he’s “dealing with extraordinary publicity”. Greenwood’s new legal professional filed an look on February twentieth. His prior legal professional filed for withdrawal on February twenty

Luca Di Donna, an Italian lawyer with ties to former Prime Minister Giuseppe Conte, is beneath investigation for OneCoin cash laundering. Di Donna (proper) stands accused of overseeing a number of Italian firms, by way of which he collected practically €700,000 EUR in charges. The charges have been paid by “Bulgarian firms”, working as fronts

The previous head of OneCoin recruitment in Uganda has been arrested. The Felony Investigations Division arrested John Mwambusya on January thirtieth. Mwambusya stands accused of stealing greater than $850,000 from over one thousand Ugandans. Based on Ugandan authorities, Mwambusya (proper) ran his OneCoin enterprise by means of Crypto Bridge African Restricted. Mwambusya, who additionally goes

Two days in the past Frank Schneider misplaced his extradition attraction. The choice, handed down by the Nancy Appeals Courtroom, supplies perception into Schneider’s US indictment. Schneider (proper) has been indicted on an unknown variety of counts for conspiracy to commit digital fraud; and conspiracy to launder cash. Particular acts cited within the Nancy choice

The Nancy Appeals Courtroom has authorized Frank Schneider’s extradition. Following preliminary granting to Schneider’s extradition, he filed an attraction final July. Schneider’s authorized workforce argued that, if extradited to the US, Schneider could be denied “elementary rights”. The Nancy Appeals Courtroom rejected this argument. In response to Schneider’s attraction being rejected, the Luxembourg Occasions studies

The “mastermind” behind OneCoin recruitment in Thailand has been arrested, once more. Mana Jumuang (aka Mr. Kay), was first arrested on prices of fraud in 2019. Following OneCoin’s collapse in early 2017, traders in Thailand started submitting complaints with native authorities. This led to Jumuang’s arrest in late 2019. Upon being introduced to court docket,