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 Towards Lawyer Mark Scott
Filings from the New York Southern District Court docket (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 just 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 generally known as 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 just lately filed for an acquittal.
NYSD prosecutors responded to Scott’s latest movement they usually have requested the decide to dismiss the case attributable to “overwhelming” proof towards him. Scott faces 50-years in jail for the costs and he will probably be stripped of his lawyer license as effectively. 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 might 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 just lately taken into custody in Los Angeles at LAX airport and the Sweden-based Sebastian Greenwood has been arrested as effectively. Mark Scott, Konstantin Ignatov, Sebastian Greenwood, and lots of others are being charged with defrauding thousands and thousands of Onecoin buyers. In the meantime, the notorious crypto queen has been on the run for effectively over a yr and a half now and nobody’s fairly certain how lengthy Ignatova can stay on the lam.
What do you concentrate on 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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