Whereas Onecoin’s crypto queen Ruja Ignatova stays at giant, U.S. resident Mark Scott is attempting to get his verdict acquitted after being accused of serving to Onecoin leaders, together with Ignatova, launder cash and commit fraud.
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NYSD prosecutors Cite Sturdy Proof In opposition to Lawyer Mark Scott
Filings from the New York Southern District Courtroom (NYSD) reveal that the federal authorities’s prosecutors will not be shopping for former lawyer Mark Scott’s story. Scott used to work for the legislation agency Locke Lord however has lately been tried for allegedly serving to Onecoin leaders launder $400 million within the British Virgin Islands. Ostensibly Scott labored with Ruja Ignatova in any other case often called the crypto queen and NYSD prosecutors allege he’s helped Onecoin associates since 2016. Final December Scott prolonged his movement to enchantment whereas being on home arrest and lately filed for an acquittal.
NYSD prosecutors responded to Scott’s current movement and so they have requested the decide to dismiss the case because of “overwhelming” proof towards him. Scott faces 50-years in jail for the fees and he will probably be stripped of his lawyer license as nicely. Federal prosecutors imagine Scott knew all concerning the fraud. The primary cost will hand down 20 years for conspiracy to commit cash laundering and Scott may stand up to 30 years in jail for the conspiracy to commit financial institution fraud. NYSD’s arguments towards Scott’s acquittal point out they’re assured Scott understood the funds he managed got here from the Onecoin Ponzi scheme.
Crypto Queen Stays On the Run
Each of Ruja Ignatova’s predominant companions have been arrested and are dealing with trial. Her brother Konstantin Ignatov was lately taken into custody in Los Angeles at LAX airport and the Sweden-based Sebastian Greenwood has been arrested as nicely. Mark Scott, Konstantin Ignatov, Sebastian Greenwood, and plenty of others are being charged with defrauding hundreds of thousands of Onecoin traders. In the meantime, the notorious crypto queen has been on the run for nicely over a yr and a half now and nobody’s fairly certain how lengthy Ignatova can stay on the lam.
What do you consider the lawyer Mark Scott and the way NYSD prosecutors say the proof towards him is “overwhelming”? Tell us within the feedback under.
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