Manhattan Attorneys in the United States and New York County Attorneys are in the final stages of litigation ex-partner proceedingsLocke Lord's law firm, Scott, who allegedly participated in $ 400 million laundering for OneCoin creator Ruzhi Ignatova. It is reported by the publication Cointelegraph.
OneCoin is one of the most notorious fraud schemes in the industry. However, the company is still operating today, despite raising a whopping $ 4.4 billion under the Ponzi scheme.
U.S. prosecutors accuse Scott of usinga wide network of one-day companies, offshore bank accounts and fraudulent investment schemes for laundering more than $ 400 million of illegally obtained funds.
Prosecutor Julieta Lozano previously stated that inAs compensation for his criminal activity, Scott was paid about $ 50 million in the form of a yacht, three houses worth several million dollars in Massachusetts, and luxury cars.
Although Scott claims that he did not know that OneCoin is a fraudulent scheme, Attorney Nicholas Folly claims that the evidence against Scott was “overwhelming” and “obvious.”
Scott's lawyer, on the other hand, denies the defendant’s guilt; there is no evidence that Mark Scott has ever been involved in money laundering for OneCoin.
A spokeswoman for Locke Lord said the company knew nothing about Scott’s criminal activity after leaving the company, saying:
Scott, who worked with us a little over a year, wasaccused by the federal government of money laundering almost two years after dismissal. We did not know about his actions outside the company, and we cooperate with government bodies in this direction.
We will remind, earlier it became known that Neil Bush, brother of ex-president George W. Bush and the son of the late president George H.V. received $ 300,000 for attending a meeting organized by OneCoin.