Kristijan Krstic Ponzi empire extraditions on hold
US authorities’ efforts to extradite Kristijan Krstic and several accomplices have hit a roadblock.
In a decision handed down either earlier this week or late last week, the Belgrade Court of Appeals has overturned previously granted extradition requests.
As reported by Kurir, quoting a court spokesperson (auto-translated);
The Court of Appeals considers that “the reasons for the facts that are the subject of proving were missing, while the reasons that were given remained unclear, while the factual situation remained incompletely established”.
If I’m reading that right, the Court of Appeals wasn’t satisfied by the evidence presented against Krstic and his accomplices.
That same evidence has seen Krstic indicted in both Texas and New York.
It also served as the basis for the successful extradition of accomplice Antonije Stojilkovic in February.
Where the US’ extradition efforts go from here is unclear.
According to Kurir the Court of Appeals decision applies to all ten extradition requests, however
seven defendants from Nis are awaiting the final decision on extradition to the United States under house arrest, while three defendants are still in custody, namely the first defendants Kristijan Krstić, MP and BR.
“Final decision” suggests the Court of Appeals decision isn’t the end of extradition proceedings. Stay tuned…
Update 3rd April 2021 – No word on Krstic’s extradition but US authorities are pressing ahead with a scheduled July 12th trial.
Update 23 April 2021 – The Belgrade High Court has once again approved extradition of Krstic and his accomplices.
The matter is again under appeal with a decision on the High Court’s decision pending.
The issue with extradition pertains to the fact that Kristijan Krstic lawyers object the extradition, claiming that he is an IT expert who designed new cryptocurrency, not a scam.
And also each of platforms had clear warning (80% loose money). In addition to the said nonsense (as the local public is not familiar with binary and forex scams), they claim Serbia is perfectly capable of holding a trial and there is no need for USA courts.
Last but not least, the hired lawyer is very close to the local ruling party and is not a random choice for defendant, but probably assigned from ‘the above ‘structures -the very same ones who made these scams possible.
Just based on news headlines spanning from September 2020 till today, one can see clear narrative being pushed in Krstic’s favor.
There is much higher stake then just Krstic and his set of scams. The Balkan Laundromat, as we call it, contains much more, dozens of online scams, illegal BTC mining and payment against drug trafficking and other crimes.
Krstic is just a part of it, thus a very very unpleasant witness, if extradited. Politics will have to be involved and pressure made to make the extradition possible.
And funny thing – nobody speaks of the uncovered 250 million any more (probably in slovenian and Asian banks). Red alert.
I’m getting Ruja Ignatova/Bulgaria vibes from Krstic’s case.
Hopefully the US do what they can to secure extradition. Any trial in Serbia is obviously going to be a joke.
Madoff out.
Or, as they like to say on Reddit:
A CNBC article recapping the Ponzi saga stated of Madoff
Um, no, CNBC, it was a Ponzi scheme, and the transfer of money is the other way around. Sheesh.
Oz
Ruja Ignatova is rumored to have been hiding in Serbia btw 2017 and 2019. A possible face change as well.
There’s a mysterious death declared suicide, a famous plastic surgeon, that was mentioned… the public will for sure never know. It will be just a wild story.
But fact is none of them (Ruja, Kristijan and others) just appeared and started doing their thing..
For example, Krstic simply saw Seagal in some Manilla restaurant in 2016, approached him and. B2Gen crypto mlm was born? Who can ever believe that fairy tale?
Where’s this from? First time I’m hearing it.
Hi Oz email me pls.
Contact form?
Yes. ‘Leave a reply’ email…
Thanks, I’ll have a look into it tomorrow.
I just stumbled upon this when something prompted me to look into Ruja’s possible connections to Serbia.
That something is that I made a very interesting discovery when doing open source digging into a quite unrelated matter but which — if my wild hunch is correct — might be also relevant to Ruja’s Serbian connections…
Is it possible, Oz or SR, to reveal more about this rumour?
It’d be interesting generally but I’m now also interested to see if has any bearing with my hunch & discovery…
@Semjon
Sure, any theory may be interesting. Fire away. Ignatova”s Onecoin is a huge scam.
Can you display your thoughts here?
@Oz how can info exchange happen?
Semjon was asking for more information on the plastic surgeon’s death. You made that claim so I think he’s asking you for more information.
@ Oz
Sent you email, thanks.
Thanks. I forwarded it to Semjon’s comment email but it came back bounced.
Semjon if you’re reading this get in touch via contact form and I’ll forward again.