Konstantin Ignatov released, Mark Scott returns to prison

Mar.17, 2020 in OneCoin, regulation

Over the weekend OneCoin’s Konstantin Ignatov was released from prison. Conversely but for an unrelated reason, Mark Scott returned to prison.

I was hoping we’d get a case docket update today but doesn’t look like that’s going to happen.

According to the Federal Burea of Prisons inmate search, Konstantin Ignatov was released on March 13th.

It’s important to note that this doesn’t mean US authorities have released Ignatov out into the wild.

Ignatov is facing ninety years in prison and has reached a plea deal with the DOJ.

He’s going into witness protection at some point but it’s unclear whether his recent release is a precursor to that, or whether Ignatov is being moved somewhere else.

Mark Scott has landed himself back in prison following bail conditions violations.

Inner City Press report Scott dined out and was spending money stashed in Cayman Islands accounts.

As of yet there’s no entries on Scott’s OneCoin case docket regarding his reincarceration.

Inner City Press have also surmised that Ignatov was released following a non-public sentencing hearing. I can’t verify that at this time.

Pending any further docket updates throughout the week, stay tuned…

Update July 18th 2020 – As per a July 8th hearing, Konstantin Ignatov’s sentencing hearing has been delayed until November 11th, 2020.

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36 Comments on “Konstantin Ignatov released, Mark Scott returns to prison”

Niente

Mar 17th, 2020 at 3:23 pm (Q)

If there were any OC/OL Facebooks groups still alive, they would surely say: “OUR CAPTAIN IS FREE!”

Rocky

Mar 17th, 2020 at 5:06 pm (Q)

Oh, Niente, they are. Sickening

Semjon

Mar 19th, 2020 at 8:58 pm (Q)

Niente:
If there were any OC/OL Facebooks groups still alive, they would surely say: “OUR CAPTAIN IS FREE!”

This points to one of the reasons why I think it would be strange if Konstantin was really freed — namely that the “economic danger” argument the prosecutors raised against his bail release last summer still holds:

The defendant’s efforts to further expand OneCoin’s business in the United States just before he was arrested in March 2019 and OneCoin Ltd.’s efforts to cast doubt on the charges as the fraud scheme continues to operate suggests that the defendant’s release would seriously jeopardize the economic safety of the community.

Even under strict bail conditions, the defendant could surreptitiously continue his marketing efforts in support of OneCoin Ltd., especially with cooperative monitoring guards.

Moreover, the very fact of his release, would likely further embolden OneCoin Ltd. and its promoters, providing fodder for a false narrative to additional victims that the defendant and OneCoin have been exonerated.

Timothy Curry

Mar 24th, 2020 at 11:18 pm (Q)

On March 23, 2020, the US Government filed a document with the New York Southern District Court, detailing why Scott’s motion has to be denied.

Some assertive recount and overview detailed here:

financefeeds.com/us-govt-argues-onecoin-co-conspirator-not-acquitted/

Mar 24th, 2020 at 11:42 pm (Q)

Thanks Tim, if it’s on Pacer I’ll get stuck into it tomorrow.

Semjon

Mar 25th, 2020 at 12:35 am (Q)

Oz:
Thanks Tim, if it’s on Pacer I’ll get stuck into it tomorrow.

courtlistener.com/recap/gov.uscourts.nysd.482287/gov.uscourts.nysd.482287.244.0.pdf

With quick look there doesn’t seem to be anything really new, but the document contains excellent summaries of the incriminating stuff that was brought up in the trial process against OneCoin and Scott.

Mar 25th, 2020 at 7:36 am (Q)

Thanks for that Semjon. And I agree, it’s a well put together summary.

I’ll be skipping it for news but it’s worth a read for anyone looking for a complete timeline of Scott’s fraud.

Semjon

Mar 26th, 2020 at 11:04 pm (Q)

New filing from Mark S Scott’s defense, a motion to reconsider the remand order:

courtlistener.com/recap/gov.uscourts.nysd.482287/gov.uscourts.nysd.482287.245.0.pdf

It seems that Scott is alleged to have continued his deceitful behaviour, including defrauding a person who provided funds for his original bail bond and selling assets that are under restraining order. The Government apparently feared flight risk too. (There is probably more to the story, as the Government’s full position can’t be derived from Scott’s filing.)

In addition, Scott uses the coronavirus situation as one of the arguments to reconsider his imprisonment.

Mar 27th, 2020 at 8:24 am (Q)

DOJ has to file a response by the end of Friday. Going to hold off until I see what they have to say.

Hearing on the matter is scheduled for Monday 30th.

I’m assuming the blacked out bit probably refers to specific conditions inside the facility (maybe specific prisoners)?

edit: read a littler further down, the blackouts appear to pertain to Scott’s medical condition(s).

#10

Karma

Mar 27th, 2020 at 10:51 pm (Q)

It is bazar how Mark s Scott is still able to spend onecoin money.

Back in December 2019 his credit card bill on Amex was over $120,000 with shipping at Cartier for several $$$$ of dollar. A Purchase at Hermes for a crocodile Hermes bag and other things for over $90,000.
Dinner for his wife Lidia kolesnikova at steakhouse for serval thousand if dollars.

How was he still able to use stolen onecoin money.

Even the letter from a contractor looks like Mark s Scott wrote it. Nobody would do work without getting paid. There is something very fishy about it.

I am sure he made some kind of deal with the contractor in order to have him signed the letter.

Ms Halle was a previews client and sure enough he offered her something for the bond.

He is a smart lawyer so for him not knowing not the sell seized assisted is bullshit.

From information I got he was still paying alimony to his ex wife until nov 2015. He bought his apt 1.580,000 $ in coral gables Fl 2015 a year later that apt is mortgages free.

I am sure he still has money outside if the country under his mothers name in Germany or under his wife’s name kolesnikova in Russia or some where else.

How is paying for his legal team which charges an hour $750 an hour or even more.

#11

Semjon

Mar 28th, 2020 at 4:45 am (Q)

Some details are apparently already revealed in the court transcript (courtlistener.com/recap/gov.uscourts.nysd.482287/gov.uscourts.nysd.482287.209.0.pdf) of the last trial day.

Important context for Scott’s deceitful behaviour is that the Feds have been able trace only about half of Scott’s ill-gotten $50 million OneCoin wealth, so Scott still has tens of millions of criminal loot hidden somewhere:

THE COURT: What percentage of that were you able to either seize or track?

MR. DiMASE: I think it might be in the ballpark of half. Between — but some of it has been seized in terms of bank accounts, some has been seized in terms of property purchased with criminal proceeds such as Porsches, houses.

My ballpark estimate is somewhere in the ballpark of 25 million.

Scott used James Nobles, a (now former) lawyer of his defense team, to launder some more OneCoin criminal proceeds while on bail, because he thought that the Government was not up to his game:

Mr. Scott, after he was arrested in this case, sent $1.75 million to an attorney who is no longer on the defense team. And he claimed in the paperwork that he provided the
banks that that was for a legal retainer, the entire $1.75 million. The government subsequently restrained that money.

He then sent another approximately million dollars through that same attorney’s accounts, and then had it sent back to him on the other end, which is very reminiscent of some of the conduct that was the subject of this trial, the use of escrow accounts to hide the illegal source of funds.

So perhaps the transactions regarding the Dale Avenue property renovation are same kind of money laundering scheme?

Some light is also shed on the story of Scott’s Porsche sale that the recent court filings are talking about.

The Government learned about it only at the last moments of the trial, because a Suspicious Activity Report was filed:

But, more to the point, in April of this year, Mr. Scott began negotiating the sale of a Porsche.

The government sought the seizure of three Porsches. When Mr. Scott was arrested, one of those Porsches was seized.

Within a month of his arrest, a second Porsche was seized from a dealership where the car was still being held by the dealer. And the government is now in possession of those two vehicles.

The third car, which is the subject of a seizure warrant that was provided to the defendant in discovery in October of 2018, was sold by the defendant earlier this year, even though he had the seizure warrant that showed that it was subject to seizure by the government.

The government found out about this last night from a SAR — from a filing that was made by a bank. And we now have reason to believe he knowingly violated an order of the court by dissipating an asset that he knew was the subject of a seizure warrant.

Selling it to use the funds for himself. He earned $250,000 for that Porsche. And he appears to have used it for a variety of different expenses, including to pay credit cards, for personal expenses, and other things.

Scott knew that the Government was looking for the third Porsche in order to seize it, but he sold it nevertheless, and bought a new one for himself:

For what it’s worth, the government attempted to find it, through an EZ Pass lookup, through license plate reader lookups, we attempted to find this vehicle.

He had it all along. He had it the day he got this and then he sold it for $250,000.

And here is the kicker. Mr. Scott put a $25,000 deposit on another Porsche with that money. That’s what he did.

He went to Braman Motorcars where he got the other Porsches, and he put a $25,000 deposit on a more expensive Porsche. So the idea he needs it to pay his expenses and that’s the only reason he did it is also undermined by the evidence here.

These OneCoin “moneymen” are truly incredible breed of people.

#12

Mar 28th, 2020 at 10:23 am (Q)

@Karma

Even the letter from a contractor looks like Mark s Scott wrote it. Nobody would do work without getting paid. There is something very fishy about it.

This is from the DOJ’s response:

Scott mortgaged the 31 Dale Property—which he had also purchased with OneCoin proceeds, and which was also subject to the Forfeiture BOP—to a creditor, specifically, a contracting business performing work on the 31 Dale Property.

Unless I’m missing something Scott conveniently left this out of his motion.

Hearing is scheduled for 10am Monday, waiting for that decision before I publish anything.

#13

Semjon

Mar 28th, 2020 at 11:11 pm (Q)

Unless I’m missing something Scott conveniently left this out of his motion.

It’s pretty incredible, because the 31 Dale Avenue purchase was brought up in the trial too:

Q. Let’s turn now to 2617-D. What is this house?

A. This chart illustrates a property also owned by Mr. Scott located at 31 Dale Avenue in Hyannis Port, Massachusetts. Also in the Cape Cod vicinity.

Q. When was it purchased?

A. This property was purchased September 20, 2017, in the amount of $3,765,000.

Q. Where did that money, according to your tracing, where did it come from and where did it go?

A. The funds for this property came from two of the intermediary accounts, one in the name of Fenero Trading Holding ending in 4760, and which transferred to Nicole Huesmann’s account of $250,000. And the second intermediary account held in DMS Cayman in the name of MSS International Consultants ending in 7100, made two separate transfers, one on July 14, 2017 in the amount of $2 million, and the second transfer on August 17, 2017 in the amount of $1 million.

So, Nicole Huesmann’s account collectively received three million — $3.2 million into her account in three different transfers.

And once the money was in her IOLA account, there were four separate payments to facilitate the final payments for the 31 Dale Avenue.

Q. Those are the arrows?

A. Those are the arrows going out.

Q. To the right?

A. To the far right which includes the O’Neill Real Estate, Frank Horgan Insurance Agency, and John W. Kenney Client Trust account.

So Scott arranged a mortage for this property after the trial, in December 2019, according to the Exhibit D of his motion (courtlistener.com/recap/gov.uscourts.nysd.482287/gov.uscourts.nysd.482287.245.4.pdf).

There can be no excuses that he didn’t know — other than perhaps he was asleep during his own trial.

Interestingly, the exhibit document cites an opinion from the very O’Neill Real Estate Company Scott paid to facilitate the purchase in late 2017, saying the property is now worth $5.8 million — up from $3.8 million from when Scott bought it.

Conflict of interest? And could it really be true — has the Florida real estate market really boomed so much, especially if the property is also in bad need of renovation?

Now that Ms Halle has withdrawn from Scott’s bail bond arrangements, Scott is offering his 600 Coral Way property (courtlistener.com/recap/gov.uscourts.nysd.482287/gov.uscourts.nysd.482287.245.8.pdf) as the new bail bond security. What’s interesting is that the mortage of this property was paid with OneCoin criminal proceeds, according to court transcripts:

Q. Let’s now go to 2617-B. What is this chart?

A. This chart reflects transfers of money to pay off a mortgage for a condo owned by Mr. Scott located at 600 Coral Way, Unit 12, in Florida.

The property records reflect that there was a mortgage, and there was a mortgage for thispr operty and the purchase price was 1,580,000. And that occurred on January 14, 2015. And my review of the records shows that on October 16, 2016, that that — the existing mortgage was paid off in the amount of $1,794.66.

And further down below in the blue box shows where the source of funds to pay off that mortgage came from.

Q. Those were the two Bank of Ireland accounts in the name of Fenero Tradenext Holding?

A. Yes, so the two bank accounts, which is the one of the seven intermediary accounts that each transferred 500,000 in October 2016 to Nicole Huesmann’s account.

Q. After the second transfer, which was on October 17, two days later, October 19, the mortgage was paid off according to your analysis?

A. Yes, that’s correct.

Q. This house is in the name of who?

A. In Mark Scott. It is a condo.

Q. Was the mortgage in his name?

A. Yes.

So he is pretty much offering OneCoin criminal proceeds.

#14

Karma

Mar 31st, 2020 at 12:29 am (Q)

Mark s Scott is going to be released from prison. FDC Miami due to coronavirus infection law360.

I also think due to his fake medical condition!

#15

Semjon

Mar 31st, 2020 at 1:20 am (Q)

From the article:

“He is a sick individual — at greater risk of becoming seriously ill if he would contract the virus,” Judge Ramos said after a 40-minute telephonic bail hearing.

“There’s only so much social distancing that one can do when one is in prison.”

(…)

Scott was jailed after a friend, Marieta Halle, who had posted a $750,000 security on his behalf, told authorities she had lost confidence in him.

Scott will now secure his freedom by posting some $600,000 of equity in a property his family owns, Judge Ramos said.

The judge cited Scott’s heart health issues and an alleged lack of access to proper medicine in allowing him to leave FDC Miami, which currently is on lockdown and being manned by a “skeleton crew” amid the outbreak.

(…)

In another OneCoin development, Scott’s former business partner David R. Pike is expected to enter a guilty plea before Judge Ramos in coming weeks. Pike has an April 9 hearing control date.

(law360.com/articles/1258301)

#16

WhistleBlowerFin

Apr 7th, 2020 at 3:28 am (Q)

Konstantin Ignatov may not be in the MCC jail anymore, but he is certainly not free either.

Today the US Attourney office says Konstantin’s co-operation is “not yet complete”. The Government requests his sentencing date be adjourned for approximately 3 months.

courtlistener.com/docket/15688339/260/united-states-v-scott/

#17

PassingBy

Apr 7th, 2020 at 4:46 am (Q)

Inmates in the witness protection program (WITSEC) are kept in special prisons, which exist as physically separate facilities alongside 7 federal prisons. They are also removed from the publicly accessible locator system, if they were listed there before, which means they will appear marked as “released”.

The most likely location for Konstantin is still the same building. The WITSEC facility in New York, the first one that was created, is one floor in the MCC building (the other ones are separate buildings within the grounds of a larger prison).

If it wasn’t for OneCoin, I would never have learned about such things. Who says their claims about spreading education were bogus?

#18

Timothy Curry

Apr 7th, 2020 at 5:11 am (Q)

@PassingBy, Semjon, WhistleBlowerFin, and so so many other contributors whom I can’t possibly all name over the past 5 years (in addition to Oz, of course), I’v never said it before, but I just want to acknowledge now that you are all so freaking AWESOME and bring incredible value to these articles and discussions.

Thank you all for keeping it real and keeping it fascinating and intriguing, while we collectively work to eradicate, or at least bring these scammers and scams to justice! Kudos to you all!

#19

Apr 7th, 2020 at 10:12 am (Q)

Damn, another three months.

That change of plea transcript might be worth going over. I just checked and there’s no order yet.

Will check back at the end of the week to see if it’s been ordered unsealed and pull it up.

Still have the rest of the other filings to get through too.

#20

WhistleBlowerFin

Apr 10th, 2020 at 11:55 pm (Q)

US Government finally preparing to the Sebastian Greenwood trial.

Greenwood’s Indictment has been made public, and they are planning a pretrial conference.

The Pretrial conference was already scheduled for April 3th, but the Government requested adjournment due to the Government providing additional material to the defendant for review.

courtlistener.com/docket/17059467/265/united-states-v-scott/

courtlistener.com/docket/17059467/264/united-states-v-scott/

innercitypress.com/sdnypress7onecoinkonstantinxtend040720.html

#21

Apr 10th, 2020 at 11:58 pm (Q)

Finally. Will get into it first thing tomorrow morning!

#22

WhistleBlowerFin

Apr 11th, 2020 at 12:55 am (Q)

Sebastian Greenwood’s pretrial is adjourned to June 3, 2020, at 10:00 AM, by Judge Ramos.

i.imgur.com/HcKXywW.png

#23

OneCon Squad Sofia

Apr 11th, 2020 at 12:55 am (Q)

WhistleBlowerFin:
US Government finally preparing to the Sebastian Greenwood trial.

Greenwood’s Indictment has been made public, and they are planning a pretrial conference.

WOW, thanks for this great news! Five Counts, good for life in prison, LOL

And it looks like the Order reveals hard proof that Greenwood is in custody indeed.

This is probably the correct InnerCityPress link:

innercitypress.com/sdnypress8onecoingreenwoodicp041020.html

#24

Semjon

Apr 11th, 2020 at 12:59 am (Q)

Doesn’t it sound like Sebastian Greenwood — following the footsteps of Gelbert Armenta — blew his co-operation deal with the Feds? Perhaps that’s why he or Armenta never testified in Mark Scott’s trial?

But it’s great news. Sebastian’s trial could provide an unprecedented behind-the-scenes look in the world of MLM criminals…

#25

Meatman

Apr 11th, 2020 at 3:43 am (Q)

Hope the like of Wahrloos, Alberts, Calina , Zafir ,deppish and all the European scum start to feel uneasy.

Wahrloos is now a Void 19 medical expert this scum need taking down.

#26

WhistleBlowerFin

Apr 11th, 2020 at 3:49 am (Q)

More info!

Sebastian Greenwood has been apparently sitting all the time in New York MCC, but registered to Bureau of Prisons with his first name “Karl”, which now appeared in the unsealed indictment!

i.imgur.com/nCN3AeH.jpg

i.imgur.com/gkj4nQ0.png

bop.gov/inmateloc/

#27

Apr 11th, 2020 at 9:14 am (Q)

There’s so much blocked out on the unseal request from the DOJ!

WE WANTS TO KNOW WHAT IT SEZ!

#28

WhistleBlowerFin

Apr 14th, 2020 at 2:51 am (Q)

November 18th of Mark Scott trial transcript was mistakenly restricted on PACER until now. Our friend Lynn called to the clerk, and it’s now available on PACER and mirrored on CourtListener!

courtlistener.com/docket/7829201/203/united-states-v-scott/

#29

Karma

Apr 18th, 2020 at 1:01 am (Q)

Mark is not that stupid with a law degree that he didn’t put money some where else like in Switzerland or Russia under his wife’s maiden name.

If the DOJ only find half of the 50 million he made where is the other half of the money.

Or he has it under his mother’s name some where in Europe. So some where 25 million is still missing and not seized by the DOJ.

How does Mark s Scott pay his expensive defense team?

#30

WhistleBlowerFin

Jul 8th, 2020 at 6:09 am (Q)

Konstantin’s sentencing seems to have been delayed once again. It’s not in the court schedule for Wednesday.

twitter.com/innercitypress/status/1280592125986512901

#31

WhistleBlowerFin

Jul 8th, 2020 at 7:03 am (Q)

At least 4 months delay asked by the Gov.

courtlistener.com/recap/gov.uscourts.nysd.516497/gov.uscourts.nysd.516497.300.0.pdf

Hopefully at least we will see Konstantin now in Greenwood trial.

#32

Jul 8th, 2020 at 8:58 am (Q)

Four months, damn. Love to know what’s going on behind closed doors.

#33

WhistleBlowerFin

Jul 10th, 2020 at 1:53 am (Q)

Konstantin Ignatov’s new sentencing control date is now November 11, 3:30pm.

courtlistener.com/docket/15688339/301/united-states-v-scott/

#34

Sep 29th, 2020 at 9:44 am (Q)

Four sealed documents filed on September 25th. Whee!

#35

scambuster789

Nov 10th, 2020 at 8:06 am (Q)

We are almost there no? 11th of November we should know more if again they don’t postpone or delay.

#36

Nov 10th, 2020 at 8:15 am (Q)

There’s a control hearing, Konstantin’s actual sentencing date is TBA.

https://behindmlm.com/companies/onecoin/onecoin-criminal-indictment-sentencing-dates/

Konstantin Ignatov released, Mark Scott returns to prison

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