OneCoin @ BehindMLM

Two weeks ago BehindMLM ran a story regarding Mark Scott attempting to hide evidence from a grand jury. The grand jury proceedings themselves were believed to pertain to other individuals related to OneCoin. We can now cross Ruja Ignatova off that list, following the revelation she was indicted back in February.

Three days ago OneCoin’s Konstantin Ignatov was arrested at Los Angeles International airport. Today the Manhattan US Attorney’s Office announced criminal charges have been filed against Konstantin Ignatov and his sister, Ruja Ignatova.

In a Bill of Particulars filed on February 22nd, the DOJ has revealed Mark Scott’s seized assets. The detailed list provides insight into shell companies and which countries Scott assisted OneCoin with laundering invested funds through.

On February 8th Mark Scott was served a grand jury subpoena, requesting “a wide variety of documents” related to OneCoin. Whatever evidence is in those documents, Mark Scott doesn’t want a grand jury seeing them.

The “bitcoin vs. OneCoin” lawsuit that has been playing out in Germany has come to an end. The final judgement wasn’t an outright win for the defendants, but equally not an outcome OneCoin was hoping for.

A court transcript has provided the clearest picture of the ongoing international investigation into OneCoin yet.

New Zealand’s Financial Markets Authority is claiming OneCoin has “the characteristics of a scam”. The FMA issued a consumer warning against OneCoin following information received regarding

One of the recurring themes in OneCoin circles is a lack of transparency. What’s left of the company rarely communicates with what’s left of its affiliate investor-base. And when announcements are made, they inevitably lead to more questions, most of which go unanswered. The good news is it’s not just affiliate investors being kept in [Continue reading…]

The regulatory noose around Ruja Ignatova’s neck has tightened even further, following the arrest of Sebastian Greenwood. We all seem to have slept on the news, which was reported in a throwaway paragraph by the Bangkok Post on November 5th.

A resident of the town of Meissen has been ordered to compensate victims he lured into the OneCoin Ponzi scheme. This is the second civil case the man has lost, on top of a criminal case filed by Bielefeld Prosecutors.