Eight years after OneCoin’s collapse, German prosecutors have filed charges against founder Ruja Ignatova.

Instead of the timely pursuit of justice (Ignatova is a German national German authorities could have done something about well before she disappeared in 2017), Bielefeld prosecutors have only now filed charges to avoid the statute of limitations.

As reported by Fakti on September 18th;

The indictment aims to prevent the statute of limitations on the alleged crimes from running out, explained the head of the prosecutor’s office, Carsten Nowak.

If the Bielefeld district court proceeds with the case, the statute of limitations will be extended by five years. By which time investigators hope Ignatova will be detained.

While not impossible, there have been no confirmed sightings of Ignatova since October 2017.

Police in the state of North Rhine-Westphalia announced that assets worth about 28 million euros were confiscated during the investigation.

German authorities opened an investigation into Ignatova’s ex-husband Bjorn Strehl in 2021.

Stehl, also a German national, was charged with money laundering offences in May 2023. Since then there have been no further updates.