The sentencing of Mark Scott, a licensed lawyer who laundered $400 million for the notorious OneCoin Ponzi scheme, has been adjourned till July 14,
The sentencing of Mark Scott, a licensed lawyer who laundered $400 million for the notorious OneCoin Ponzi scheme, has been adjourned till July 14, 2020.
On April 25, Choose Edgardo Ramos of the New York Southern District Court docket reportedly granted Scott’s request for the listening to’s rescheduling resulting from his “have to get additional medical testing.”
Scott was delivered a responsible verdict throughout November 2019, nevertheless, appealed the choice in February.
Scott’s sentencing sees quite a few delays
Throughout mid-February, the U.S. Authorities requested a three-week adjournment of the deadline for its response to Scott’s request for acquittal earlier that month.
Scott claimed that the case noticed no testimony from witnesses concerned in OneCoin gross sales, arguing that the case was primarily based completely on the testimony of cooperating witness and OneCoin co-founder, Konstantin Ignatov.
Scott additionally claimed to not have been conscious that OneCoin was a rip-off till Might 2018, stating that he believed that the OneCoin blockchain was actual.
In March, the Authorities filed its opposition to Scott’s movement, asserting that Scott was conscious that he had profited $50 million from helping the operators of a rip-off to launder $400 million in ill-gotten features. Scott used his earnings to buy luxurious autos, a yacht, and a number of other waterfront properties.
Earlier this month, Ignatov’s sentencing was additionally postponed till July. Ignatov’s sister, Ruja Ignatova, a.ok.a the Cryptoqueen, stays at giant after having fled her dwelling in Bulgaria throughout 2017.
Key OneCoin Determine Resurfaces With New Ponzi
On April 22, Cointelegraph reported that high OneCoin recruiter, Le Quoc-Hung, had been noticed selling a near-identical Ponzi scheme referred to as ‘OneLink.’
After Ignatov’s arrest in 2017, Quoc-Hung positioned himself because the captain of OneCoin’s OneLife community — which he has since used to tout his new scheme.