The United States government has recently announced a substantial reward of up to $5 million for any information leading to the arrest of Ruja Ignatova, the founder of OneCoin. This development comes as part of a joint investigation conducted by Bulgarian and American authorities into a large-scale financial fraud and money laundering scheme. One Of…
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The U.S. government has announced a $5 million reward for information leading to the arrest or conviction of Ruja Ignatova, the Onecoin co-founder who is wanted for orchestrating one of the largest global fraud schemes. Ignatova has been a fugitive since 2017 after Onecoin defrauded investors of over $4 billion. US Offers $5 Million Reward…
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Irina Dilkinska, former atty of the infamous OneCoin cryptocurrency scam, was sentenced to 4 years in jail on Wednesday. Dilkinska pled guilty last year for her role in helping launder $4 billion crypto fraud scheme in 2019. The co-conspirator has become the latest to receive a prison term in the multibillion-dollar crypto pyramid scheme. The…
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A residential property in Wellington, New Zealand and more than $282,000 belonging to an adviser of Onecoin mastermind Ruja Ignatova was recently seized by the police. Detective Inspector Christiaan Barnard said his organization has no reason to believe that Onecoin masterminds are hiding in New Zealand. Property Purchased by Third Party The police in New…
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Irina Dilkinska, the head of legal and compliance at Onecoin, has pleaded guilty to “wire fraud and money laundering charges.” The charges against Dilkinska relate to her role in organizing the transfer of $110 million in fraudulently obtained funds to a Cayman Islands entity. The $110 Million Transfer to a Cayman Islands Entity Irina Dilkinska,…
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The former head of legal and compliance at OneCoin faces up to 10 years in prison for her role in the $4 billion crypto trading scheme. The former compliance chief of OneCoin — a 2015 crypto scheme that defrauded investors out of $4 billion — has pleaded guilty to wire fraud and money laundering charges…
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A livestream in which Ben “Bitboy” Armstrong is hunting down his allegedly stolen Lamborghini ends up with the crypto influencer arrested. In other news this week, Rich Dad Poor Dad author Robert Kiyosaki says to purchase bitcoin before markets crash, and U.S. lawmakers push SEC Chair Gary Gensler to approve spot Bitcoin exchange-traded products “immediately.”…
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A London-headquartered law firm is preparing a lawsuit against the fugitive mastermind of the Onecoin crypto pyramid scheme, ‘Cryptoqueen’ Ruja Ignatova. Its lawyers intend to file a class action suit in the United Kingdom’s High Court, the British press revealed. Fugitive Cryptoqueen May Face U.K. High Court Lawsuit Over Investor Losses Mishcon de Reya, the…
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A judge in the U.S. has rejected a request by a lawyer who laundered $400 million from the Onecoin crypto pyramid to have a new trial. The ruling clears the path for sentencing 54-year-old Mark Scott despite a key prosecution witness admittedly lying in court. Judge Not Convinced in Onecoin Lawyer’s Innocence Despite Lies Told…
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One of the founders of the crypto pyramid Onecoin, British and Swedish national Karl Greenwood, has been sentenced to 20 years in prison in the United States. Greenwood was the architect of the scam’s multi-level marketing structure and served as Onecoin’s global master distributor. Cryptoqueen Ruja Ignatova’s Business Partner Gets Lengthy Sentence for Onecoin Role…
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