Ruja Ignatova, also known as the Crypto Queen, has come back after being gone for 5 years. She was well-known for promoting the OneCoin scheme, which has been called a Ponzi scheme.
The British government has linked the founder of OneCoin to an application for a London home. The link makes you wonder where the money came from to buy the property.
On the other hand, it’s not clear where she is right now.
While everything is going on, a report says that the bid for the property is being led by German prosecutors.
London Home Owned By Ruja Has Been Put Up For Auction
Ruja Ignatova’s house in London has just been put up for sale for $15.5 million. After some time, the number was changed to $13.6 million, and the ad has since been taken down.
The investigation found that the real estate company selling the property, Knight Frank, didn’t say if it had been sold or not. The fact that they didn’t tell anyone was against their duties.
Ignatova was found to be the owner based on UK rules about transparency that went into effect the year before.
The report says that Ignatova, through the company Aboots House Penthouse Limited, has owned the property since May 2016.
In the report, it was said that Ignatova did not sell the house on her own.
Instead, it was started by prosecutors in Bielefeld, Germany, which is in the northwest of the country.
Martin Breidenbach, Ms. Ignatova’s German lawyer, reportedly paid €20 million for a penthouse and another apartment in the same building. This transfer was alleged money laundering.
During the trial, Breidenbach asserts that the accusations that were leveled against him are not accurate.
Senior prosecutor Gerald Ruebsam suggested that OneCoin victims could be compensated through the sale of a penthouse in London. It was reported that he had said something along these lines.
Creator Of Onecoin Has Yet To Be Seen
Ignatova has not been spotted in public for more than five years at this point.
The founder of OneCoin is currently on the FBI’s list of the 10 most wanted people. The agency is offering a reward of $100,000 for any information that leads to her arrest.
She is also one of the most well-known people on the run in all of Europe. People thought that the self-proclaimed “Cryptoqueen’s” company, Onecoin, would be the “killer app” for bitcoin when it came out in 2014.
The FBI found the company was running a Ponzi scheme to defraud investors of millions. Investors were misled.
After looking into it, the FBI came to this conclusion. The Federal Bureau of Investigation found out that the coin OneCoin was selling didn’t even have a network.
Ms. Ignatova was able to scam investors out of more than $5 billion with her Ponzi scheme.
Arrests Have Also Been Made Of Other Onecoin Members
We can be thankful that other people who took part in the Ponzi scheme have been caught.
Last month, Karl Sebastian Greenwood, the co-founder of the company, pleaded guilty to wire fraud and money laundering charges. The south district of New York’s prosecutor was the one who announces the charges against who brought the charges against him.
A man named Frank Schneider, who formerly worked for the intelligence service of Luxembourg, is going to be transferred to the United States.
He will be charged with a variety of crimes including money laundering, wire fraud, and other offenses.
He is going to be held accountable for what he has done. It is thought that he helped Crypto Queen avoid getting caught by the police and manage the money from the operation.
During an interview, Frank Schneider stated that the entity responsible for managing the situation was the private intelligence organization.
When he worked for the company, he didn’t know that any illegal things were going on with the program.