Web Analytics
Monday, December 23, 2024

The FBI announced a $100,000 reward for information about the “crypto queen”

OneCoin Founder Ruja Ignatova Named 10 Most Wanted Criminals for Defrauding Investors of Over $4 Billion

The FBI has announced  a reward of up to $100,000 for information that could help the bureau arrest Ruja Ignatova, founder of the OneCoin financial pyramid. For participating in a large-scale fraud scheme, the FBI made Ignatova one of the ten most wanted criminals.

The Bulgarian company OneCoin was founded by the “crypto queenRuja Ignatova in 2014 and in less than 3 years attracted more than 3 million people who invested about 4 billion euros, according to the FBI. 

The pyramid worked on the principle of network marketing: the participants who came first were rewarded for attracting new users. OneCoin was supposed to “kill bitcoin”, but it was not even related to the blockchain. Cryptocurrency could not be mined, and the issue was handled exclusively by One Coin Limited.

A US court issued an arrest warrant for Ignatova in October 2017. In February 2018, a new verdict was issued: Ignatova was charged with wire fraud and conspiracy to launder money.

Ignatova was last seen in October 2017 – she was leaving Bulgaria for Greece. According to the FBI, the scammer has a German passport and can travel with it in Germany, Russia, the United Arab Emirates and Bulgaria.

Bank of New York Mellon, one of the oldest US banks, notified the US Financial Intelligence Unit (FinCEN) of more than $137 million in suspicious transactions related to the OneCoin cryptocurrency pyramid in 2017. Other banks also reported suspicious transactions, including HSBC, JPMorgan Chase, Commerzbank, Bank of New York Mellon, Standard Chartered.

Related Articles

Stay Connected

3,477FansLike
4,500FollowersFollow
1,200FollowersFollow
3,912FollowersFollow
1,222SubscribersSubscribe

Latest Articles

Random