Mark Scott released from prison over medical concerns
OneCoin money launderer Mark Scott has been released from prison.
The decision was made on the basis of Scott’s current medical condition and concerns over the coronavirus pandemic.
Scott’s previous bail conditions saw him held at Miami FDC. Following the March 30th order, Scott (right) will be subject to twenty-four hour home incarceration at his Coral Gables residence.
While locked down at home, Scott will be subject to location monitoring. He is
purchase or secure an iPhone with FaceTime capabilities for remote/virtual monitoring by Pretrial Services.
PreTrial Services will also be visiting Scott at home from time to time.
Scott is only permitted to leave the house “necessary medical services”.
Additionally, Scott and his wife are required to surrender current travel documents (namely their passports). They are also prohibited from applying for any new documents.
On March 30th the DOJ requested an additional bail condition be added;
In light of the ongoing economic danger that Scott poses to the community, the Government requests that the Court add an additional condition that Scott be required to obtain the approval of Pretrial Services before entering into any loan agreements or opening any other new lines of credit.
Scott’s attorney filed a response the same day advising they did not oppose the DOJ’s request.
To secure Scott’s compliance, a $2.5 million personal recognizance bond against the Coral Gables residence has been accepted.
The property was paid off with just over $1 million in stolen OneCoin investor funds. It is also already subject to forfeiture.
Considering these points, I found Scott being allowed to put the property up to secure his release an odd decision.
In their response to Scott’s “let me out of prison” motion, the DOJ thought so too.
In essence, Scott is asking the Court that to allow him to be released on a bond that is secured by a property that was paid for in substantial part with OneCoin victim proceeds.
This would be completely inappropriate and would give Scott no real incentive not to flee, given that the only resulting harm if he did flee would be the forfeiture of a property that was paid for by fraud scheme proceeds and is therefore subject to forfeiture as part of his sentence in this case.
The DOJ also argued Scott was still very much a flight risk.
Scott, who faces a Guidelines sentence of 50 years’ imprisonment, is a dual German citizen.
If Scott flees to Germany to avoid sentencing in this case, Scott cannot be extradited.
Scott’s previous bail condition violations were also brought up;
While released on bail, in or about July 2019, Scott sold a 2016 Porsche (the “2016 Porsche”) for $250,000.
Scott did so with full knowledge that he had purchased the 2016 Porsche with OneCoin victim money and that the 2016 Porsche was subject to both a seizure warrant— which was produced to the defendant in discovery in October 2018—and a Forfeiture Bill of Particulars (the “Forfeiture BOP”) —which was filed with the Court and served on the defendant in February 2019.
While released on bail Scott also used $300,000 in OneCoin victim proceeds that were subject to a restraining order to pay for renovations to his (Massachusetts) property.
Furthermore, Scott mortgaged the (Massachusetts) 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 (Massachusetts) Property.
Scott has also lost the trust of Marieta Halle, who had previously put up $750,000 as a security for Scott’s initial bond.
Scott is alleged to have defrauded Halle out of another $500,000. To secure the $500,000 loan, Scott offered to mortgage yet another property, also purchased with OneCoin funds and subject to forfeiture.
Scott was supposed to repay Halle back by February 29th but has failed to do so.
The court appears to have overruled these objections based on Scott’s ‘alleged vulnerability based on certain pre-existing health conditions‘.
(Scott) has provided limited support for his claim that his health condition renders him especially vulnerable to COVID-19.
Specifically, Scott relies on a vague one-page doctor’s letter stating that Scott “has hypertension and was in the process of ongoing a cardiac workup.
He is considered at high risk for COVID19 complications, and therefore is considered a high risk patient,” and a prior letter from the same doctor recommending that Scott not travel to New York in light of his history of hypertension and obstructed sleep apnea.
Looking forward, Scott’s changed bail conditions are active for up to sixty days. Whether he actually adheres to his bail conditions this time around remains to be seen.
Scott remains scheduled to be sentenced on May 26th.
Update 25th April 2020 – On April 21st Scott’s attorney wrote the court requesting a sentencing hearing extension.
Mr. Scott respectfully requests an extension of time for … the sentencing date, due to the ongoing COVID-19 pandemic and the need for Mr. Scott to undergo further medical testing.
The DOJ did not oppose the motion.
On April 24th the court granted Scott’s extension request, rescheduling his hearing for July 14th.
Update 18th May 2020 – On May 11th the court clerk was directed to refund Marrietta Halle the $750,000 she put up for Scott’s bond.
As I understand it Scott is now $750,000 short on his bond. Not sure what that means going forward.
Update 30th May 2020 – A May 27th order has extended Scotts’ release on bail until July 14th.
Update 19th June 2020 – A joint-proposed schedule from Scott and the DOJ has seen his sentencing pushed back to October 9th.
Scott is to remain out on bail until the hearing.
Ohnoes, I chipped a nail!
Better head off to the doctor… and then a restaurant… and then a “business meeting” with [redacted] to get access to more OneCoin funds… and then maybe I’ll stop off at a car dealership to buy another Porsche.
All I can say is what-the-fuc-!
If he is released and has to stay in Miami, he will be quick on a speedboat to international waters and on to South America.
Maybe he would have been on diet if he is stuffing his face with steak and wine and still leaving the good life on OneCoin money.
It is crazy how people like him out of sudden use their health if it comes to prison. He certainly living a healthy good life while spending OneCoin money and running his fancy steak house bill of thousand of dollar:
Back in dec dec 2018 his NY steakhouse bill was $3500-$4500. Jesus wake up and see what this guys is about !!!
Article updated with sentencing hearing reschedule for July 14th.
Step 1: get out of prison.
Step 2: never ending exteeeensions, woahaoooaahoooahoooah!
Marietta Halle’s $750,000 bond payment was exonerated (ordered returned) on May 11th.
Not sure what that means going forward.
Article updated with Scotts’ bail release extension into July.
Article updated with sentencing pushed back to October.
In a 30 page Letter to the Court, Government asked for Mark Scott’s detention, claiming egregious violations of his bail conditions.
(Initially filed under seal on March 11, 2020, now unsealed)
Correction, the Letter is 7 pages, the complete document including Exhibits 41 pages.
The filing is probably related to The Government’s forfeiture brief which is due August 31th. They didn’t succeed in getting Mark locked up mostly due to the COVID-19 situation.
Only new thing that I could see was this this hint about Mark S Scott’s future plans in Exhibit D:
From Ponzi to pot. 😉
I imagine “Ms. x” is Marieta Halle, named in this article. The amount and dates certainly line up, as does the claim of non-payment.
Well spotted. At the bottom of page 5 of the Letter there is a reference to Ms. x’s prior investment in the 105 Sunset Lane, Barnstable property:
In Exhibit F, at the bottom of Page 30 of Document 317, there is a reference to a 999,970 USD payment by Ms. Marietta Halle for the purchase of the property, transfer date 31 October 2017, via Scott’s attorney Nicole J. Huesmann:
Yeah not sure why they’re going with “Ms. x” when they’ve previously discussed the woman Scott defrauded by name. It was all there in the bond filings.
As for protecting a future cannabis business? Who cares? Scott is facing ~50 years in prison.
If you don’t want to fund your legal defense in favor of some future pie in the sky business that’s hardly the court’s problem.
Wasn’t Scott’s sentencing hearing supposed to be today? Haven’t seen any news on it. Did it get postponed again?
Unless I missed it or am forgetting, yes the sentencing was supposed to be today.
I checked the docket and there’s a letter requesting a forfeiture hearing delay from Scott. Nothing about the sentencing.
@Oz, here’s a document saying that “Scott’s sentencing is adjourned until December 17, 2020 at 10 AM.”
Updated court dates:
Gilbert Armenta sentencing: Oct 21, 2020, 10am
Konstantin Ignatov sentencing control: Nov 11, 2020, 3:30pm
David Pike guilty plea hearing: Dec 11, 2020, 11am
Mark Scott sentencing: Dec 17, 2020, 10am
Sebastian Greenwood pre-trial #2: Dec 18, 2020, 10:30am
Thanks. Had a gut feeling it had been postponed just couldn’t remember. (ran a search on comments and posts and nothing obvious came up)
I’ll add that info.