A former boyfriend of Ruja Ignatova, the mastermind of the Ponzi scheme Onecoin, has acquired 5 years in jail. The sentence is for the laundering of a whole lot of tens of millions of {dollars}’ value of proceeds from the infamous crypto rip-off which defrauded traders world wide.
Ruja’s Former Boyfriend Sentenced for Cash Laundering Linked to Onecoin
Gilbert Armenta, the ex-boyfriend of crypto pyramid Onecoin’s founder Ruja Ignatova, has been sentenced in the US, Bloomberg Legislation reported. In response to court docket paperwork, he helped launder $300 million of proceeds from one of many largest Ponzi schemes in crypto historical past.
In 2018, Armenta, now 59, pleaded responsible to conspiring to commit wire fraud, cash laundering and extortion, all in reference to Onecoin. He cooperated with prosecutors within the investigation into the rip-off for about two years however later dedicated different crimes, violating the settlement.
Based in 2014, Onecoin operated as a worldwide multi-level-marketing community, which was based mostly on a cryptocurrency that by no means actually existed as such, regardless of being marketed because the ‘Bitcoin killer.’ In response to Onecoin’s personal paperwork, greater than 3 million individuals invested over $4 billion in Onecoin since 2016.
Bulgarian-born German nationwide Ruja Ignatova disappeared in October 2017, when she boarded a Ryanair flight in Sofia certain for Athens. Nonetheless, at large, she is needed by Interpol, Europol, and the U.S. Federal Bureau of Investigation (FBI).
Her brother and co-founder, Konstantin, who was detained in Los Angeles in 2019, pleaded responsible to expenses associated to Onecoin and sought witness safety within the U.S. In December 2022, one other co-founder, British and Swedish citizen Karl Sebastian Greenwood, additionally pleaded guilty to his half within the rip-off.
Crypto Pyramid Mastermind Ruja Ignatova Nonetheless Lacking
Details about Ignatova’s whereabouts and actions has periodically surfaced in media stories. Final July, the main Greek day by day Kathimerini unveiled that the Hellenic Police had tried to find and arrest her, appearing on intelligence indicating she was within the nation and holding conferences with unidentified individuals.
In January of this 12 months, British media uncovered {that a} $15-million residence purchased by the “lacking Cryptoqueen” by an organization based mostly on the island of Guernsey had been provided on the market. A BBC report on the matter revealed that the Kensington penthouse had been listed with the approval of authorities in Germany.
Prosecutors within the metropolis of Bielefeld have accused a German lawyer who labored for Ignatova, Martin Breidenbach, of cash laundering for the switch of €20 million (over $21 million) for the acquisition of the four-bedroom residence. In October, he appeared in court docket, together with two Onecoin associates, to face expenses of fraud and different crimes.
Do you assume legislation enforcement authorities will ultimately discover Onecoin’s founder Ruja Ignatova? Share your ideas on the case within the feedback part under.
Picture Credit: Shutterstock, Pixabay, Wiki Commons
Source link
