The lawsuit filed by the US authorities over the founders of the Ponzi Onecoin scheme identified some of the accomplices. While Ruja Ignatova remains at liberty, one of the American associations, lawyer Mark S. Scott, was convicted in November of bank fraud and money laundering conspiracy.
The most valuable source of information became Konstantin Ignatov, the brother of Rujei Ignatova. He decided to work with the authorities to reduce his sentence.
During the Scott investigation, Konstantin Ignatov claimed that Phoenix Thoroughbreds owner Amer Abdulaziz Salman stole Onecoin funds.
According to a report published by Racing Post magazine, Konstantin Ignatov told the court that Salman was “a key figure in a major money laundering operation for international cryptocurrency fraud.” Apparently, he would have participated in money laundering operations under the coordination of Gilbert Armenta, who was the lover of Rujei Ignatova at the time.
Theft of $ 100 million according to Konstantin Ignatov’s statement
Ignatov claimed that Salman “stole 100 million euros from Onecoin.”
“He started buying racing horses for, for example, 25 million euros. He was one of the main money launderers for Ruja ”,
it is shown in the testimony quoted by Konstantin Ignatov.
After Ignatov testified, Salman and his firm Phoenix Thoroughbreds denied all allegations of involvement in Onecoin’s activities.
“Phoenix Fund Investments categorically denies all allegations made against it and its owner, Mr. Amer Abdulaziz, in legal proceedings against Onecoin and its US conspirators,”
the company said in a statement.
“Phoenix Fund Investments believes that the company and Mr. Amer Abdulaziz have acted in accordance with the law at all times and will challenge all allegations of crime and will cooperate fully with the relevant authorities if they need help.”
Onecoin is a Ponzi scheme founded in 2014 by Ruja Ignatova, Sebastian Greenwood and Konstantin Ignatov. For years, leaders, along with a large group of associates, have argued that Onecoin is a true blockchain and a legitimate cryptocurrency. The Ponzi Onecoin scheme, however, managed to raise $ 4 billion in funds from investors around the world.
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