Mark S. Scott’s $2.5 million OneCoin money laundering bond details


Mark S. Scott, the US-based lawyer who allegedly assisted OneCoin with laundering $400 million in stolen funds, has had his $2.5 million bond signed off on and paid.

Based on a September nineteenth filed bond settlement, Scott’s secured bond has been set at $2.5 million, $750,000 of which has been deposited as money.

As I perceive it, if Scott fails to stick to the bond settlement, he’ll be chargeable for the total $2.5 million quantity.

Co-signers on the bond settlement are Tony Selimi of Ohio and Edward Feenane of Florida. Their relationship to Scott is unclear.

Whereas launched beneath monitored home-detention, Scott

  1. is prohibited from violating federal, state or native legal guidelines;
  2. present a urine pattern and if optimistic, attend drug therapy;
  3. can’t possess firearms, harmful gadgets or “different weapons”;
  4. should cooperate within the assortment of a DNA pattern, if required and;
  5. should attend future court docket appearances

Scott’s passport has additionally been confiscated and he’s restricted to journey between Massachusetts, the southern and japanese districts of New York and the southern district of Florida.