Björn Strehl, husband of OneCoin founder Ruja Ignatova, is set to face trial in Germany.

Germany authorities filed money laundering charges against Strehl back in 2023. Now, with the statue of limitations deadline looming, Darmstadt has initiated proceedings.

Strehl has been charged with laundering 7.69 million euros through a Hong Kong shell company. If convicted, Strehl faces prison time.

Quoting a court spokesman, Martin Himmelheber in a November 13th report for NRWZ writes;

The Darmstadt Regional Court has now opened proceedings against S. on suspicion of money laundering.

“The court sees sufficient grounds for suspicion,” Dr. Jan Helmrich, spokesman for the Darmstadt Regional Court, told NRWZ.

“The trial will begin in the second half of the year.”

Pending confirmation of Ruja Ignatova’s whereabouts, dead or alive, parallel criminal proceedings remain stalled.

In January 2024, a German court sentenced OneCoin promoter and money launderer Frank Ricketts to five years in prison.

Rickett’s wife was sentenced to four years and his lawyer received two years and nine months.

Himmelhever’s report contains several other OneCoin updates and is worth a read for the latest.