Frank Schneider’s extradition to the US is on hold, pending the outcome of an appeal.
A decision on Schneider’s extradition was supposed to have been made on Wednesday July 21st.
As reported by Luxembourg publication Wort, Schneider, anticipating his extradition, has filed an appeal with the Nancy Court of Appeal.
According to the terms of the decision, consulted by our colleagues from L’Est Républicain , the French judges wish “to obtain clarifications from the United States” on the rights which the former agent of the SREL would benefit from in the event of transfer overseas. Atlantic.
Schneider (right) was picked up by French authorities whilst on a leisure trip from neighboring Luxembourg in late April.
Schneider was an integral part of the OneCoin Ponzi money laundering network. He is believed to have been indicted and is likely facing a plethora of criminal charges in the US.
Schneider’s indictment is believed to be been filed under seal. It is unlikely details of the indictment will be made public until Schneider is in the custody of US authorities.
Pending submission of the requested clarifications from the FBI, a followup hearing has been scheduled for September 23rd.
In the meantime Schneider will remain in the custody of French authorities.
Update 20th November 2021 – Frank Schneider’s extradition to the US will now be decided on January 19th.
In the meantime French authorities have released Schneider to monitored home detention.
Update 19th January 2022 – Frank Schneider’s appeal has been denied.