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 held on the Metropolitan Correction Middle, pending his personal felony trial.
Our supply for data inside Mark Scott’s trial is Matthew Russel Lee, reporting for the Internal Metropolis Press.
In line with Lee’s report Konstantin
described OneCoin as a multi degree advertising and marketing operation and recognized the Sophia headquarters the place Mark Scott visited.
We don’t have a transcript of the DOJ’s total line of questioning. What we do know nonetheless is questioning of Ignatov by the DOJ wrapped up right now.
Tomorrow Scott’s protection group could have entry to Ignatov for cross-examination.
In line with Lee, Scott’s lawyer intends to determine Ignatov himself was unaware OneCoin didn’t have a blockchain.
The implication being if Ruja Ignatova’s brother and performing OneCoin CEO didn’t know, how was Mark Scott to know.
I imagine this ties into intent. Mark Scott’s protection seems to be “OK I’d of lied to banks, however I wasn’t doing it to launder cash for OneCoin as a result of I knew it was a fraudulent firm”.
Konstantin Ignatov is going through a prolonged jail sentence if convicted. His look for the DOJ virtually confirms a plea deal in his personal case.
Sadly we’re prone to be ready a while earlier than the main points of that settlement are made public.
We’re additionally maintaining a watch out for Sebastian Greenwood.
As soon as once more, our due to Matthew Russel Lee of the Internal Metropolis Press for his protection.
Lee is masking the OneCoin trial stay from New York Each day. So you’ll want to tune in to the Internal Metropolis Press Twitter feed for particulars.
BehindMLM doesn’t have entry to the court docket however we’ll be reporting any important developments (courtesy of Lee’s reporting).