Frank Schneider extradition decision pushed back to November
A French court’s decision on whether to grant Frank Schneider’s extradition has been pushed back to November 18th.
Schneider, a key figure in OneCoin’s money laundering activities and, at times, founder Ruja Ignatova’s right hand man, was arrested in France back in May.
Schneider (right) was apprehended on an international arrest warrant obtained by the FBI. US authorities are now seeking Schneider’s extradition.
As part of his appeal against extradition, Schneider’s legal team have filed a hundred page brief.
The court will examine the brief over the coming month and a half.
Schneider’s attorneys have also petitioned for his release. A decision on that request is expected in the next hour.
Update 20th November 2021 – Frank Schneider’s extradition to the US will now be decided on January 19th.
In the meantime French authorities have released Schneider to monitored home detention.
Update 19th January 2022 – Frank Schneider’s appeal has been denied.
Krstijan Krstic was a random criminal with access to millions of dollars. Serbia released him pending the conclusion of his US extradition, and he promptly fled.
Frank Schneider is a former spy master with government connections in Luxembourg. He has intelligence ties and probably access to god-tier sums of money.
If Schneider’s released that’s the last anyone will ever see of him again.
I know a decision is pending but is it too much to ask Europe stop fucking up these cases?
First you don’t do anything yourselves. Then when the US tries to clean up your multi-billion dollar Ponzi schemes, you can’t even secure the scammers once caught.
I suppose no other country is charging Schneider for his OneCoin Ponzi operations, and no other country probably have enough material to charge him for it, so my understanding is that he will just walk free unless he is extradited to US..
And that after working for the OneCoin Ponzi and Ruja, which has caused huge suffering all over the world, including Europe and of course also in France where tens of thousands of people who lost tens of millions euros minimum in this global fraud scheme.
That will be an embarrassment of epic levels if this guy walks free from the Nancy court.
I am not surprised. German newspapers regularly report on corruption and growing crime in Serbia in which the government is involved. An example:
But there is still a lot to do in Germany too. Two weeks ago there was a raid in the German Finance Ministry because our Finance Minister Olaf Scholz is doing too little against money laundering in Germany:
Read a comment in Twitter that suggested that Schneider’s arrest based likey on information learned by US from Konstantin cooperation. Perjury will impact that.
Schneider maybe buying time to see what happens in US first. Greenwood likely to got to trial and will not testify against Schneider.
Same for Scott, If he gets a new trial, which is likely, there will be no OneCoin insiders left to testify aginst him.
All what you say is speculative.
We know that since the Scott trial, the Govt has secured terabytes of data including millions of pages of emails and other information from the OneCoin operations.
Schneider maybe didn’t want to keep records, but luckily we have learned that Ruja was a completely opposite regarding that.
Second, there’s no Perjury established yet. Konstantin isn’t back at least in Bureau of Prisons jail. We just have to wait and see what happens with that.
I wouldn’t say it’s “likely” that Greenwood goes to trial, there’s overwhelming amount of incriminating data, and now he’d have a chance to make a deal and testify against Schneider.
Your assumption that there will be no other former OneCoin insiders left to testify, is certainly not set to the stone either as far as I know. Again, pretty much on the contrary, afaik there is..
By the way, Schneider wasn’t released to home incarceration yet. Decision on that will also take place later.
You cannot underestimate the anger former employees have right now.
There is no shortage of people who will testisfy and a mountain of data. If the US and China didn’t claim jurisdiction and act as regulators of last resort, imagine what these people would do with impunity.
Whatever K did, and I am living the consequences right now, he is not getting away with it and neither is anybody else
Frank Schneider has written new texts from jail.
In the preface of an article in which Frank tells the story of his arrest in English, the charges against him are mentioned in Luxembourgish:
If the 2014-2019 timespan isn’t an error, Frank was there from the very beginning of OneCoin and is likely a key mastermind of whole fraud itself — not just a money launderer & fixer & PR operative.
In a text published yesterday Frank comments his case:
Frank — a bit like Mark Scott now — is trying to tie the fate and basis of his case to the (reliability of) testimony of Konstantin Ignatov, but it’d clear from the Mark Scott trial alone that the Feds have electronic communications against him (and fellow Lux crook Karl Horsburgh).
And the 2014 as the beginning of his crimes doesn’t quite fit his spin that it’s all based on Konstantin’s unreliable stories.
Frank Schneider sounds like he is going a little stir crazy.
Firstly the US hasn’t already convicted Konstantin unjustly. They didn’t have to. He pleaded guilty. Can every dumbass involved in this whole thing process that. He pleaded guilty. The guy is as guilty as sin. The indictment makes that clear.
If Konstantin perjured, he’s screwed. It has no bearing on Frank.
Nb the indictment did not make ut clear that Iggie pleaded guilty, my bad, it made it inevitable. US versus Scott says everything and more.
Schneider sounds upset US prosecutors are have told a French Judge he’s guilty.
What other position were they going to put forth in support of extradition?
Intentionally misrepresenting extradition proceedings as the criminal trial that awaits you in the US is aimed at who?
The dumbasses still in OneCoin have no part in the extradition proceedings Frank. You’re pissing in the wind.
Ok if no further delays, today we will know if Schneider will be extradited to the US or will the criminal walk totally free..
Here’s an appetizer article from this morning which talks about Onecoin in Luxembourg, Schneider and Pitts Arens.
“Firing on a statue with a shotgun”?!
Is this person even sane?
Still no decision regarding Frank Schneider’s extradition.. Now the new date is January 19.
The Nancy court of appeals decided today that “Ruja’s right hand”, Frank Schneider, will be released on Monday to house arrest, without bail but with requirement to stay at home with an ankle bracelet monitoring, while waiting for the extradition decision on January 19.
Oh dear. I’d like to think this isn’t another Kristijan Krstic in the making but the dejavu is strong.
What’s the extradition policy between France and Luxembourg?