OneCoin @ BehindMLM

The case against the first of OneCoin insider to fall, Mark Scott, is slowly progressing towards trial. At present there’s a bit of a standoff regarding an agreed trial date. The DOJ want a trial on or around September 2019. Mark Scott’s attorneys want July.

In the wake of US authorities bringing OneCoin’s criminal enterprise crashing down, no doubt there are a lot of people out there trying to bury their association. Since our initial review of OneCoin on September 23rd, 2014, in which we accurately analyzed and concluded OneCoin was a Ponzi scheme, BehindMLM has published no less than [Continue reading…]

Over the course of the DOJ’s investigation into OneCoin, the department issued multiple subpoenas. Some of those subpoenas pertained to email evidence, the publication of which has provided revealing insight into OneCoin’s operation. Below are excerpts from emails and other sources of information obtained by the DOJ. Below, I’ve categorized the DOJ’s evidence into relevant [Continue reading…]

Before OneCoin collapsed, Konstantin Ignatov is believed to have worked as personal bodyguard for his sister, Ruja Ignatov. Ruja Ignatov was the public face of OneCoin, while Ignatov lurked in the shadows. Following Ignatova going into hiding on or around mid 2017, Konstantin was thrust into the spotlight. Awkward on stage and poorly groomed for [Continue reading…]

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.