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Details of Konstantin Ignatov’s OneCoin guilty plea

Courtesy of Matthew Russell Lee from the Inner City Press, details of Konstantin Ignatov’s guilty plea have been made public.

DOJ: Emails prove Mark Scott knew OneCoin was fraudulent

The DOJ has filed a letter requesting several communications be admitted as evidence, on the grounds they prove Mark Scott knew OneCoin was fraudulent.

Konstantin’s testimony drops one OneCoin bombshell after another

Mark Scott’s OneCoin trial is taking place over the next few weeks. The highlight of proceedings so far has been Ruja Ignatova’s brother, Konstantin Ignatov, trotted out as a cooperating witness. Ignatov’s testimony, yesterday in particular, has provided us with a few interesting bombshells.

Konstantin testifies for DOJ, turns on OneCoin and sister

Konstantin Ignatov has appeared as a witness for the DOJ. Examination by prosecutors spanned questions about his involvement in OneCoin, working under his sister, Ruja Ignatova, and Mark Scott’s visit to the Sofia head office.

DOJ files objections to Mark Scott’s motions in limine

The DOJ has hit back at Mark Scott’s motions in limine, labeling them a transparent attempt to whitewash the trial of the defendant’s criminal conduct and curtail significantly the Government’s ability to introduce relevant evidence. Below are the main arguments Scott’s attorney put forth that the DOJ object to.

Mark Scott’s attorney argues lying to banks isn’t bank fraud

Mark Scott’s attorney has put forward the extraordinary argument that lying to banks isn’t bank fraud.

Mark Scott OneCoin case in limine motions reveal desperation

Both Mark Scott and DOJ have filed their respective motions in limine, in preparation for Scott’s November 4th trial date. Perusal of the motions suggests Scott’s defense will rely heavily on suppression and straw clutching.

BOI employees won’t have to testify at OneCoin trial

As per an agreement reached between the DOJ and Bank of Ireland, several employees will no longer testify at Mark Scott’s OneCoin trial.

BOI employees screw DOJ on OneCoin testimony

One of the objections Mark Scott raised against the DOJ providing witness testimony via CCTV was the timing. Mr. Scott and his counsel cannot take a multiday trip to Ireland (which Mr. Scott too would be entitled to attend) while also preparing for a trial the Government has consistently sought to delay. In an October [Continue reading…]

Vietnamese OneCoin scammer arrested in Thailand

A top Vietnamese OneCoin promoter has been arrested attempting to leave Thailand.