Details of Konstantin Ignatov’s OneCoin guilty plea
Courtesy of Matthew Russell Lee from the Inner City Press, details of Konstantin Ignatov’s guilty plea have been made public.
That Ignatov was cooperating with the DOJ was revealed during the early days of Mark Scott’s criminal trial.
It was assumed Ignatov had also reached a plea agreement, but details weren’t publicly available.
Reporter Matthew Russell Lee managed to get a copy of Ignatov’s plea agreement and made it public.
As per Ignatov’s plea agreement, the four charges leveled against him total a potential ninety years imprisonment.
The agreement sees Ignatov admit forfeiture allegations in all four counts.
This will see Konstantin
forfeit to the United States … any and all property … the constitutes or is derived from proceeds traceable to (OneCoin related) offenses.
With respect to cooperation with the DOJ, Ignatov is required to
truthfully and completely disclose all information with respect to the activities of himself and others concerning all matter about which this Office (DOJ), the FBI, the IRS, and any other law enforcement agency requires of him.
The scope of Ignatov’s cooperation extends to attending any requested meetings, producing documents any other tangible evidence requested.
Ignatov’s testimony at Mark Scott’s trial is also part of the plea agreement.
The defendant … shall truthfully testify before the grand jury and at any trial and other curt proceeding with respect to any matters about which this Office may request his testimony.
Again underscoring OneCoin’s ties to organized crime, the plea agreement also makes reference to retaliatory violence.
It is understood that Ignatov’s truthful cooperation with this Office is likely to reveal activities of individuals who might use violence, force, and intimidation against Ignatov, his family, and loved ones.
Should Ignatov’s cooperation present a significant risk of physical harm, this Office, upon the written request of Ignatov, will take steps that it determines to be reasonable and necessary to attempt to ensure his safety and that of his family and loved ones.
It was disclosed in Ignatov’s release filings that he has a pregnant girlfriend. Presumably “family” above does not extend to Ignatov’s parents or his sister, Ruja.
“Steps” to ensure protection of Ignatov and his family include witness protection,
whereby Ignatov, his family, and loved ones, if approved, could be relocated under a new identity.
Who specifically might cause harm to Ignatov and his family is not disclosed.
Ignatov’s plea agreement was signed by himself and his attorney on October 4th.
I’m still on the road. Catching up where I can. Should be back in the office ~20th.
Mark Scott’s defense is arguing that Konstantin either lied or misremembered the events concerning Scott’s visit to the Sofia office, because emails indicate that Irina Dilkinska was not in Sofia at the time as Konstantin said she was:
Very strange if Konstantin lied or misremember this relatively unimportant detail because it could have dramatic consequences for him.
But then again, he is a lunkhead. 😉
BREAKING NEWS! It appears that Scott’s close partner David R Pike is now also arrested, and going for a trial:
No documents avalable on Courtlistener, but here is a peek: twitter.com/Karma39340512/status/1195280755724820480
Here is the David Pike Criminal Complaint document:
This is the proper court docket to follow:
Trying to set aside time to go through the Pike docs. Hopefully will get a minute or two tomorrow.
There must have been many others who have joined Igor Krnic in finally giving up with OneCoin as a result of Konstantin’s guilty plea and testimony, but the other common way of dealing with the troubling fact has been trying to neutralize it with idiotic conspiracy theories. Latest example of this comes from UK GLG member Brad Lindsey:
GLG member Affran Khan even invents claims that Konstantin was tortured in prison: youtu.be/TsmAgBLz6lA
Tomorrow the Finnish OneCoin TV program will be aired (interestingly, featuring Kari Wahlroos as a “OneCoin expert”), and Tommi Vuorinen already complains on his Facebook page that the upcoming massive negative covering of OneCoin on primetime TV will cause great upset and strife among Finnish members.
It even puts the health and lives of certain people in danger. He indicaes that the Finnish Broadcasting Company bears full responsibility if that happens.
OneCoin scammer Dallas Bayly claims:
The next biggest OL event is in Norway in December. The US and Norway have had an easy extradition treaty since 1977. Just sayin’…
The petition “Free Konstantin Ignatov” is incredibly successful. 😮 It was only launched four weeks ago and has already collected 19,547 signatures.
Is it just a rumor that the Exchange will start when 100,000 signatures are reached? 😉
When will this press release be updated by the scammers in Sofia?
We should only believe what is being distributed by the official side! Press and television often spread fake news – Donald Trump will confirm that! By the way, Martin Mayer from Vaduz too! 😛 Keyword: “Lying Press”
finally, the whole oc crackdown is here.
Udo Desppich in Dublin scamming for Wantage One staying at Radission Blue Dublin Airport visit required.
The mere fact this petition is still accepting signatures shows how ignorant these people truly are.
Despite all their conspiracy theories as to “why” Konstantin made his plea deal, the mere fact he has entered into a plea deal voids what this petition is all about.
Never mind that it would have had no bearing on his case even if he hadn’t pled guilty in a plea deal. But it looked impressive didn’t it (cough, cough).
They can’t even get all the members of the ONECOIN EXCHANGE/UPDATES OFFICIAL FB Page to sign this petition. So much for King Jayms and his brilliant idea.
19,547 is a actually a tiny amount when you’re claiming to have over 3,6 million enthusiastic members. One of the arguments the DoJ presented at the bail hearing is that this mess is ongoing.
This makes the petition counter-productive. Now that he’s pleaded guilty, it’s in another realm altogether.
If he’s turned state witness, you don’t want him back surely? Maybe OL really stands for “Only Lunkheads”.
OneCoin scammer Cordel KingJayms James from Trinidad and Tobago had the following goals:
The OneCoin scammers from Austria, whose names are unknown, have even formulated: “100,000 signatures within 24 hours!” 😀
There are still people buying OneCoin packages in Austria… UNBELIEVABLE! Martin Mayer a/k/a “MaMa” is on tour there to promote OneCoin.
After all the press coverage, i am wondering if the public prosecutor in Vienna is asleep on a wheel.
I doubt if he even knew anyone from OC was in town. Contact their office and tell them all about OC and the court trials.
Let them know that Martin Mayer/MaMa is doing presentations and still selling worthless packages. He might do something about it.
If no-one tells him about it there won’t be anything done.
Since OC hasn’t had bank accounts for years, I’ve often wondered how such continued selling works. I see only two possible ‘honest’ ways.
1. Mayer is getting cash from the buyers, and either transfers it to OC through some money transfer service like Western Union, or carries it to Sofia himself. (We know that even back when OC still had accounts, a lot of sales were in cash.)
2. The buyers pay it into a bank account controlled by Mayer personally, which the bank doesn’t know is linked to OC, and he then takes it out in cash to pass it on.
But who, exactly, at OC would he be giving the money too these days? (Perhaps it’s the guy with the UAZ van.) One alternative possibility which has occurred to me is that he, and others who continue to sell, simply pocket all the money themselves.
If you know the game is up, that might seem to make sense as a last-ditch effort to make some more money, before the total collapse.
You must hope you can keep the buyers off your back for a while, and that they don’t become too problematic when they finally realize the OC website doesn’t show anything in their name.
You of course also gamble on OC itself, or associated eastern European maffia goons, not coming after you.
How you’d avoid prosecution later on, when it’s really all over, is also a problem. But criminals are rarely good at such longer-term thinking.
I absolutely agree with you! Whereby I believe rather that point 2 applies!
Probably already years ago, the head scammers, who have long since left OneCoin/OneLife (see Gebrüder Steinkeller, Wahlroos, Deppisch and many others), put cash amounts they had received from their structures into their own pockets.
The past shows that crooks (OneCoin) are cheated by crooks (structural leaders)!
Yupp, a way around it is Giftcodes.
Use the monies looked in your Backoffice cashaccount=giftcodes.
sell someone a package and give them said giftcode.
Our use a 3dparty seller off giftcodes (this has bin a popular way for afew years) and get a cut that way.
I think it might be worthwhile to notice that Veselina Valkova has recently (in Spring this year?) enabled the members to buy gift codes with 100% ONEs — although with the rate 1 ONE = 0.5 EUR.
Here is a recent video of somebody doing it:
Correct me if I’m wrong, but I think it practically means that the promoters are able to turn their ponzi points to something directly useful to them.
It’s almost like a re-introduction of a ponzi element to the scam. If the promoters are able to sell their 100% ONE gift codes, they can pocket the full amount of the sales money.
This gives pretty good incentive to promote OneCoin for those who have massive amounts of useless ONEs on their accounts. This seems like a last-ditch effort to keep scam alive.
Speculative, but Sofia may nowadays get most of its revenues from the big promoters who arrange DS Expos and/or are obliged to bring in a portion of the cash from the more expensive packages they are allowed to sell (notice from the video above that the most expensive package thet a normal member is able to buy is 5530 EUR Tycoon).
btw, Has somone kept track of OneCoin’s BTC addresses? In this video a BTC wallet address is shown:
You can see that the wallet has received over 2000 BTCs in total:
Searching the OneCoin BTC wallet address brought me to this:
“Igor Krnic Bitcoin transactions OneCoin Educational Package”
It shows about 90 BTC (in today’s value would be around 600K Eur) worth of “education” purchases.
If that’s truly the summary Igor’s OneCoin investments, I can definately understand why he was so eager to conjure all those crazy excuses.
He couldn’t live with the fact that he lost that much money into a cynical scam, so he had to delude himself(and others) with all those fantasies. (I don’t know how his loss should ultimately be calculated, but during the 2018 price peak those 90 BTCs would have been valued 1,5 million EURs!)
Thanks for the responses everyone. I didn’t know about those gift codes. They do seem to solve the problem in my keeping-the-cash-for-uourself scenario: how to provide the mark with coins without passing on any of the money.
It’s hard to think of any reason for their existence, other than providing a way for recruiters with a large stash of coins to cash out.
The exact timing of their introduction could be interesting. The spring of this year suggests it could have been in response to Konstantin’s arrest.
That could go to prove that that was the point when the rats realized the ship was irreparably holed beneath the waterline, and began making preparations for leaving with as much loot as possible.
I mean, if I, as a mere onlooker, correctly predicted that after a short while in prison Konstantin would start singing like a canary (as they say in bad old gangster movies), the people who knew him personally must certainly have thought that.
You should not blaspheme over Igor Krnic. You’re stupid, I’m stupid, but Igor Krnic is a (self-proclaimed) CRYPTO EXPERT! 😛 Here’s a proof: