OneCoin’s Christopher Hamilton a step closer to US extradition


OneCoin cash launderer Christopher Hamilton can be extradited from the UK to the US.

Hamilton misplaced his bid to keep away from extradition on Tuesday. The court docket rejected Hamilton’s assertion that, as a result of a lot of the fraud he dedicated occurred exterior of the US, that he ought to face trial within the UK.

Additional tipping the scales in direction of extradition, as reported by Law360 (paywalled), is that the UK has proven little interest in prosecuting OneCoin scammers;

Choose Rimmer famous that The Metropolis of London Police dropped their investigation into OneCoin in 2019 and “there seems to be no indication, nonetheless much less certainty, of a prosecution right here within the U.Okay.”

“Wherever victims are primarily based, it’s of their pursuits for perpetrators concerned to be prosecuted quite than to not be,” Choose Rimmer wrote. “This issue weighs in favor of extradition.”

Hamilton has the appropriate to attraction, after which the choice nonetheless must be signed off on by the UK’s Secretary of State.

Hamilton’s accomplice in crime, Robert McDonald, averted extradition on humanitarian grounds.

The decide dominated in favor of McDonald and located that extraditing him would unfairly infringe his human proper to respect for household life.

McDonald is the carer for his “extraordinarily unwell” spouse who suffers from progressive a number of sclerosis, and has expressed “clear and real suicidal intent, within the occasion he had been to be extradited,” the judgment reads.

Once more, given the UK has proven little interest in prosecuting OneCoin scammers, I assume this implies McDonald will get off scot-free.

On McDonald, Choose Rimmer famous;

There isn’t any obvious proof of financial achieve by Robert MacDonald (or indications e.g. resembling a lavish way of life).

Particulars of the felony case Christopher Hamilton is dealing with within the US have but to be made public. I’m assuming Hamilton’s indictment is sealed, pending precise extradition to the US.

Hamilton is believed to assisted OneCoin with laundering £75 million GBP. Hamilton laundered the funds via Viola Cash, a UK shell firm Hamilton additionally laundered OmegaPro Ponzi funds via.

As of but Hamilton hasn’t filed an attraction. If he does, how lengthy that can take to play out and/or the Secretary of State signing off after, is unclear.