OneCoin founder is accused of stealing as much as $5 Billion from investors in 2017. Since she boarded a flight to Athens, she hasn’t been seen.
On Wednesday, Dr. Ruja Ignatova was added to Europe’s most wanted. He is the OneCoin founder and fledgling investors who allegedly extorted as high as $5 billion.
Europol, the European Union Agency for Law Enforcement Cooperation is offering a reward of 5,000 Euros for information that leads to Ignatova being arrested on fraud charges for soliciting investments for OneCoin (an “actually worthless currency”).
OneCoin was launched by Ignatova in 2014 and promised to be a “Bitcoin Killer.” She raised money in 175 countries over the following years. OneCoin was discovered to be a Ponzi scheme by 2017 and she flew to Athens.
OneCoin and Ignatova were discussed in a BBC Sounds Podcast, The Missing Cryptoqueen. This podcast is currently being adapted to TV. British investors purchased OneCoin worth 30 million euros in the first half 2016. Documents leaked by the BBC. BBC investigations also revealed that OneCoin did not actually have a Blockchain.
Ignatova has not been charged, although people who were connected to her and OneCoin have been. OneCoin’s lawyer Mark Scott was found guilty of conspiracy to commit bank fraud and money laundering by the U.S. District Court, Manhattan.
Konstantin Ignatov her brother pleaded guilty fraud and money laundering. He then testified against Scott during his trial. Scott still awaits sentencing.
