‘Overwhelming Evidence’ – Prosecutors File Motion to Dismiss Alleged Onecoin Lawyer’s Appeal

While Onecoin’s crypto queen Ruja Ignatova stays at massive, U.S. resident Mark Scott is attempting to get his verdict acquitted after being accused of serving to Onecoin leaders, together with Ignatova, launder cash and commit fraud.

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NYSD prosecutors Cite Strong Evidence Against Lawyer Mark Scott

Filings from the New York Southern District Court (NYSD) reveal that the federal authorities’s prosecutors aren’t shopping for former lawyer Mark Scott’s story. Scott used to work for the regulation agency Locke Lord however has lately been tried for allegedly serving to Onecoin leaders launder $400 million within the British Virgin Islands. Ostensibly Scott labored with Ruja Ignatova in any other case generally known as the crypto queen and NYSD prosecutors allege he’s helped Onecoin associates since 2016. Last December Scott prolonged his movement to attraction whereas being on home arrest and lately filed for an acquittal.

U.S. resident and former Locke Lord LLP lawyer Mark Scott is preventing fees towards him that declare he helped Onecoin associates launder $400 million within the British Virgin Islands.

NYSD prosecutors responded to Scott’s latest motion and so they have requested the decide to dismiss the case due to “overwhelming” proof towards him. Scott faces 50-years in jail for the costs and he shall be stripped of his lawyer license as effectively. Federal prosecutors consider Scott knew all concerning the fraud. The first cost will hand down 20 years for conspiracy to commit cash laundering and Scott might stand up to 30 years in jail for the conspiracy to commit financial institution fraud. NYSD’s arguments towards Scott’s acquittal point out they’re assured Scott understood the funds he managed got here from the Onecoin Ponzi scheme.

Crypto Queen Remains On the Run

Both of Ruja Ignatova’s most important companions have been arrested and are dealing with trial. Her brother Konstantin Ignatov was lately taken into custody in Los Angeles at LAX airport and the Sweden-based Sebastian Greenwood has been arrested as effectively. Mark Scott, Konstantin Ignatov, Sebastian Greenwood, and lots of others are being charged with defrauding tens of millions of Onecoin traders. Meanwhile, the notorious crypto queen has been on the run for effectively over a yr and a half now and nobody’s fairly positive how lengthy Ignatova can stay on the lam.

What do you consider the lawyer Mark Scott and the way NYSD prosecutors say the proof towards him is “overwhelming”? Let us know within the feedback beneath.

 

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