Carl Sebastian Greenwood, co-founder of one of the largest cryptocurrency pyramids OneCoin, pleaded guilty to several counts of fraud and money laundering. He faces up to 60 years in prison.
The US Department of Justice has announced that Carl Sebastian Greenwood has pleaded guilty in a Manhattan court. He stated that he participated in fraud with the use of electronic means and the organization of a criminal group for the purpose of money laundering. According to US law, Greenwood faces up to 20 years in prison for each such crime.
As U.S. Attorney Damian Williams pointed out, Greenwood "participated in one of the largest international financial criminal schemes." As part of the OneCoin project, scammers called their token a "bitcoin killer", although, according to the prosecutor, their tokens were "completely useless".
According to US law enforcement agencies, Greenwood received $21 million a month for participating in the pyramid scheme. He served as the "global distribution manager" of the funds. The OneCoin pyramid scheme has become one of the largest in history ― the total volume of investor losses amounted to $4 billion.
Note that quite a lot of people participated in the creation of OneCoin. For example, the main participant of the Rouget scheme Ignatova was never found. But her brother Konstantin Ignatov and accomplice Christopher Hamilton were arrested by the police.
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The US Federal Prosecutor's Office has charged the former head of the legal department and compliance of the OneCoin cryptocurrency pyramid Irina Dilkinskaya with fraud and conspiracy to launder funds.
According to the US Department of Justice, the person involved through front companies helped launder illegal OneCoin earnings worth more than $400 million. In addition, after the arrest of the company's lawyer Mark Scott, she destroyed incriminating evidence.
On March 20, Dilkinska was extradited from Bulgaria to the United States. She faces up to 40 years in prison on the combined charges.
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Bulgarian woman to stand trial for money laundering of OneCoin pyramid scheme
Irina Dilkinska helped launder millions of dollars through shell companies.
A Bulgarian woman has been extradited to the United States to face trial in the case of fraud and money laundering of the OneCoin pyramid scheme.
Irina Dilkinska, 41, was the head of legal compliance at OneCoin and allegedly helped OneCoin launder millions of dollars of illicit proceeds through shell companies.
OneCoin was created by Ruzha Ignatova in 2014, who remains at large after being charged with fraud and money laundering in 2017. The FBI is even offering a $100,000 reward for information leading to her arrest. Another OneCoin co-founder, Carl Greenwood, pleaded guilty to similar charges in December in New York.
Prosecutors said that OneCoin was positioned as a "digital currency that is based on cryptography", as an analog of the Bitcoin system. However, OneCoin lacks the elements inherent in cryptocurrencies, including no blockchain technology.
The company from Sofia, Bulgaria, used global multi-level (network) marketing (MLM) to attract customers. However, as of November 2019, the company continued to attract new customers. According to various estimates, from €4 billion to € 15 billion has been invested in the pyramid scheme worldwide.
According to prosecutors, Dilkinskaya's job at OneCoin was to help " set up and manage shell companies with the aim of laundering OneCoin's proceeds and withholding property belonging to Ignatova." One example was a scheme to launder about $400 million of OneCoin's earnings "through a series of fake Cayman Islands investment funds" run by Mark Scott, a lawyer who was convicted in 2019 of bank fraud and money laundering.
According to prosecutors, Dilkinska used a shell company called "B&N Consult EEOD", which" did not generate legitimate income " and was used exclusively to launder OneCoin funds.
Bulgarian authorities and the Criminal Investigation Division of the US Internal Revenue Service assisted in the Dilkinskaya case. Electronic fraud and money laundering charges carry a maximum penalty of 20 years in prison.
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One of the founders of the OneCoin cryptocurrency pyramid scheme, Carl Sebastian Greenwood, was sentenced to 20 years in prison and fined $300 million. This is reported by the US Attorney's Office for the Southern District of New York.
Greenwood is accused of defrauding 3.5 million people and embezzling more than $300 million on five-star resorts, villas, a private jet and a yacht. Earlier, he pleaded guilty to fraud using electronic means and money laundering.
The fraudulent scheme, founded by Bulgarian citizen Ruja Ignatova together with Greenwood, operated from 2014 to 2016. The OneCoin project was positioned as a highly profitable cryptocurrency, in which investors received profit not only from the growth of the asset, but also for attracting new participants.
Greenwood was arrested in 2018 in Thailand. Ignatova's whereabouts have been unknown since 2017. The damage caused by OneCoin's activities is estimated at $4 billion.
Recall that in November 2019, the court of the Southern District of New York found OneCoin lawyer Mark Scott guilty of laundering almost $400 million.
In the spring of 2019, Konstantin Ignatov, the brother of the pyramid founder, was detained at the Los Angeles airport. He subsequently pleaded guilty to several charges.
In February 2023, journalists reported on the murder of Ignatova, who was on the lists of the most wanted criminals of Europol and the FBI.
Later, the US Federal Prosecutor's Office charged Irina Dilkinskaya, the former head of OneCoin's legal and compliance department, with fraud and conspiracy to launder funds. She faces up to 40 years in prison.
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Irina Dilkinska, the former head of the legal department and compliance of the OneCoin cryptocurrency pyramid, pleaded guilty to fraud and money laundering.
On two counts, she faces a maximum sentence of 10 years in prison. According to the authorities, the woman played a key role in money laundering for OneCoin. In particular, she facilitated the transfer of $110 million in illegal proceeds to the organization in the Cayman Islands.
"Dilkinska facilitated the laundering of millions of dollars of illegal profits that OneCoin received through its multi-level marketing scheme," the Justice Department said in a statement.
In March, a 42-year-old Bulgarian citizen was extradited to the United States, where she faced up to 40 years in prison on all charges.
The OneCoin pyramid scheme was founded in 2014 by Rudja Ignatova together with Sebastian Greenwood. The project was initially positioned as a highly profitable cryptocurrency, in which investors received profit not only from the growth of the asset, but also for attracting new participants.
Ignatova's whereabouts have been unknown since 2017. In the spring of 2022, Europol included the co-founder of OneCoin in the list of most wanted criminals (at the time of writing, her card does not appear there). Later, she was included in a similar list from the FBI.
According to media reports, Ignatova was killed in November 2018 on a yacht in the Ionian Sea. There is still no confirmation of this information.
In December 2022, the co-founder and main promoter of the pyramid scheme, Sebastian Greenwood, pleaded guilty to fraud and money laundering. In mid-September, he was sentenced to 20 years in prison.
The US Department of Justice has announced that Carl Sebastian Greenwood has pleaded guilty in a Manhattan court. He stated that he participated in fraud with the use of electronic means and the organization of a criminal group for the purpose of money laundering. According to US law, Greenwood faces up to 20 years in prison for each such crime.
As U.S. Attorney Damian Williams pointed out, Greenwood "participated in one of the largest international financial criminal schemes." As part of the OneCoin project, scammers called their token a "bitcoin killer", although, according to the prosecutor, their tokens were "completely useless".
According to US law enforcement agencies, Greenwood received $21 million a month for participating in the pyramid scheme. He served as the "global distribution manager" of the funds. The OneCoin pyramid scheme has become one of the largest in history ― the total volume of investor losses amounted to $4 billion.
Note that quite a lot of people participated in the creation of OneCoin. For example, the main participant of the Rouget scheme Ignatova was never found. But her brother Konstantin Ignatov and accomplice Christopher Hamilton were arrested by the police.
---
The US Federal Prosecutor's Office has charged the former head of the legal department and compliance of the OneCoin cryptocurrency pyramid Irina Dilkinskaya with fraud and conspiracy to launder funds.
According to the US Department of Justice, the person involved through front companies helped launder illegal OneCoin earnings worth more than $400 million. In addition, after the arrest of the company's lawyer Mark Scott, she destroyed incriminating evidence.
On March 20, Dilkinska was extradited from Bulgaria to the United States. She faces up to 40 years in prison on the combined charges.
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Bulgarian woman to stand trial for money laundering of OneCoin pyramid scheme
Irina Dilkinska helped launder millions of dollars through shell companies.
A Bulgarian woman has been extradited to the United States to face trial in the case of fraud and money laundering of the OneCoin pyramid scheme.
Irina Dilkinska, 41, was the head of legal compliance at OneCoin and allegedly helped OneCoin launder millions of dollars of illicit proceeds through shell companies.
OneCoin was created by Ruzha Ignatova in 2014, who remains at large after being charged with fraud and money laundering in 2017. The FBI is even offering a $100,000 reward for information leading to her arrest. Another OneCoin co-founder, Carl Greenwood, pleaded guilty to similar charges in December in New York.
Prosecutors said that OneCoin was positioned as a "digital currency that is based on cryptography", as an analog of the Bitcoin system. However, OneCoin lacks the elements inherent in cryptocurrencies, including no blockchain technology.
The company from Sofia, Bulgaria, used global multi-level (network) marketing (MLM) to attract customers. However, as of November 2019, the company continued to attract new customers. According to various estimates, from €4 billion to € 15 billion has been invested in the pyramid scheme worldwide.
According to prosecutors, Dilkinskaya's job at OneCoin was to help " set up and manage shell companies with the aim of laundering OneCoin's proceeds and withholding property belonging to Ignatova." One example was a scheme to launder about $400 million of OneCoin's earnings "through a series of fake Cayman Islands investment funds" run by Mark Scott, a lawyer who was convicted in 2019 of bank fraud and money laundering.
According to prosecutors, Dilkinska used a shell company called "B&N Consult EEOD", which" did not generate legitimate income " and was used exclusively to launder OneCoin funds.
Bulgarian authorities and the Criminal Investigation Division of the US Internal Revenue Service assisted in the Dilkinskaya case. Electronic fraud and money laundering charges carry a maximum penalty of 20 years in prison.
---
One of the founders of the OneCoin cryptocurrency pyramid scheme, Carl Sebastian Greenwood, was sentenced to 20 years in prison and fined $300 million. This is reported by the US Attorney's Office for the Southern District of New York.
Greenwood is accused of defrauding 3.5 million people and embezzling more than $300 million on five-star resorts, villas, a private jet and a yacht. Earlier, he pleaded guilty to fraud using electronic means and money laundering.
The fraudulent scheme, founded by Bulgarian citizen Ruja Ignatova together with Greenwood, operated from 2014 to 2016. The OneCoin project was positioned as a highly profitable cryptocurrency, in which investors received profit not only from the growth of the asset, but also for attracting new participants.
Greenwood was arrested in 2018 in Thailand. Ignatova's whereabouts have been unknown since 2017. The damage caused by OneCoin's activities is estimated at $4 billion.
Recall that in November 2019, the court of the Southern District of New York found OneCoin lawyer Mark Scott guilty of laundering almost $400 million.
In the spring of 2019, Konstantin Ignatov, the brother of the pyramid founder, was detained at the Los Angeles airport. He subsequently pleaded guilty to several charges.
In February 2023, journalists reported on the murder of Ignatova, who was on the lists of the most wanted criminals of Europol and the FBI.
Later, the US Federal Prosecutor's Office charged Irina Dilkinskaya, the former head of OneCoin's legal and compliance department, with fraud and conspiracy to launder funds. She faces up to 40 years in prison.
---
Irina Dilkinska, the former head of the legal department and compliance of the OneCoin cryptocurrency pyramid, pleaded guilty to fraud and money laundering.
On two counts, she faces a maximum sentence of 10 years in prison. According to the authorities, the woman played a key role in money laundering for OneCoin. In particular, she facilitated the transfer of $110 million in illegal proceeds to the organization in the Cayman Islands.
"Dilkinska facilitated the laundering of millions of dollars of illegal profits that OneCoin received through its multi-level marketing scheme," the Justice Department said in a statement.
In March, a 42-year-old Bulgarian citizen was extradited to the United States, where she faced up to 40 years in prison on all charges.
The OneCoin pyramid scheme was founded in 2014 by Rudja Ignatova together with Sebastian Greenwood. The project was initially positioned as a highly profitable cryptocurrency, in which investors received profit not only from the growth of the asset, but also for attracting new participants.
Ignatova's whereabouts have been unknown since 2017. In the spring of 2022, Europol included the co-founder of OneCoin in the list of most wanted criminals (at the time of writing, her card does not appear there). Later, she was included in a similar list from the FBI.
According to media reports, Ignatova was killed in November 2018 on a yacht in the Ionian Sea. There is still no confirmation of this information.
In December 2022, the co-founder and main promoter of the pyramid scheme, Sebastian Greenwood, pleaded guilty to fraud and money laundering. In mid-September, he was sentenced to 20 years in prison.
