Bank fraud added to Mark Scott’s OneCoin indictment
A superseding indictment has added one count of Conspiracy to Commit Bank Fraud against Mark Scott.
The superseding indictment was filed on October 3rd, a month shy of Scott’s November 4th trial.
As per the new count, the DOJ asserts Scott
and others known and unknown, willfully and knowingly did combine, conspire, confederate, and agree together and with each other to commit bank fraud.
It was a part and object of the conspiracy that Mark S. Scott … and other known and unknown, willfully and knowingly, would and did execute and attempt to execute a scheme and artifice to defraud a financial institution … and to obtain moneys, funds, credits, assets, securities, and other property owned by, and under the custody and control of, such financial institution, by means of false and fraudulent pretenses, representations, and promises.
The financial institution isn’t named in the indictment, but there’s a good chance it’s the Bank of Ireland.
Earlier this week the DOJ revealed they intend to present witness testimony from several Bank of Ireland employees.
If convicted of Conspiracy to Commit Bank Fraud, Scott faces a fine of up to $1 million and thirty years in prison.
Update 5th October 2019 – Mark Scotts’ arraignment has been scheduled for October 10th.
An October 4th Memo Endorsement advises that on the same date ‘the Court will also rule on the pending motions at the hearing.‘
This includes Scott’s suppression motion and DOJ’s request for permission to use CCTV for their Bank of Ireland witnesses.