Finnish OneCoin scammer’s tax fraud trial begins today
A OneCoin scammer in Finland who dodged their taxes is facing trial today.
The unnamed man, along with four accomplices, was indicted on charges relating to tax fraud earlier this year.
The trial is taking place in Ostrobothnia District Court. Not sure how long Finnish criminal trials take or how much we’ll know till there’s a verdict.
The four accomplices, one of which was separately indicted on money laundering charges, are expected to face trial next year.
Both the tax fraud and money laundering indictments pertain to ill gotten gains obtained through the OneCoin Ponzi scheme.
Local authorities claim “tens of thousands of Finns” lost over €40 million euros through OneCoin.
Worldwide losses are pegged upwards of $4 billion USD.
Update 11th December – The unnamed OneCoin scammer received an eight month suspended sentence.