Twelve OneCoin promoters have been been convicted in a court in Cordoba, Argentina.

The promoters, aged 44 to 73, received prison sentences ranging from 3 to 9 years.

  1. Edgar Moreno (55, right) was sentenced to 6 years and 11 months;
  2. Ricardo Beretta (55) was sentenced to 7 years;
  3. Eduardo Alejandro Taylor (54) was sentenced to 9 years;
  4. Ariel Eduardo Morasut (47) was sentenced to 6 years and 11 months;
  5. Mariana Noel Lopez (44) was sentenced to 3 years and 10 months;
  6. Manuel Peralta Guevara (65) was sentenced to 8 years;
  7. Andres Matias “Gato” Lopez (42) was sentenced to 6 and a half years;
  8. Aldo Javier Leguizamon (57) received a 3 year suspended sentence;
  9. Nancy Diaz (66) received a 3 year suspended sentence;
  10. Monica Gabriela Blasco (58) was sentenced to 6 years and 11 months;
  11. Daniel “Pupi” Conaglia (45) was sentenced to 6 and a half years; and
  12. Adolfo Gustavo “Cachorro” Amuchastegui (73) was sentenced to 8 years in prison

A thirteenth defendant, Hernan Gabriel Pizarro (54), has appealed two court rulings. The outcome of Pizarro’s criminal proceedings remains pending.

Argentinian authorities first took action against OneCoin promoters back in 2020. In December 2020 eight arrests were made.

Two promoters, Adolfo Domínguez and Aldo Leguizamón, pled guilty and were sentenced to 3 years and 6 months and 4 years and 3 months respectively.

The Cordoba Complex Crimes Unit additionally indicted Konstantin Ignatov, Ruja Ignatova and José Gordo.

Konstantin Ignatov was sentenced to time served after pleading guilty to OneCoin criminal charges in the US in 2019.

In March 2024 Ignatov stated on social media that OneCoin was “the biggest mistake of his life”.

Ruja Ignatova, founder of OneCoin, has been indicted by US authorities and is a fugitive on the run.

Jose Gordo was a top promoter of and earner in OneCoin.

Gordo (right) was living in Spain but has since fled to Dubai. Gordo was appointed OneCoin’s Master Distributor of Latin America and Mexico after Sebastian Greenwood’s arrest.

In mid to late 2019 Gordo abandoned OneCoin. He resurfaced as a promoter of Apex International in October 2019.

Apex International was a short-lived Ponzi spinoff of Kuvera Global.

In June 2020 Gordo joined Beyond Wealth, a reboot the Onyx Lifestyle Ponzi scheme.

BehindMLM last came across Gordo in connection with the collapsed Xera Pro mega Ponzi in 2024.

Ignatov, Ignatova and Gordo remain fugitives wanted by Argentinian authorities.