Mark Scott was the corporate attorney who turned $400 million in OneCoin Ponzi proceeds into something that looked like a private equity fund. He earned $50 million for the work. This month, he started his ten-year sentence.
A bank account in the Channel Islands gave up £8.59 million tied to Ruja Ignatova. Eight years after Asha handed over her savings in a Mumbai hotel ballroom, a sliver of the money is moving toward Germany. The Cryptoqueen is not.
The Department of Justice just opened the compensation window for OneCoin victims, but the math is brutal before you even file a claim. Here is what actually happened to your money, where it went, and what forty million dollars means when four billion is already gone.
By Nico Reyes · Apr 26
Daily at 6AM Eastern
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Financial crime intelligence. The patterns, the tells, the playbook. Daily at 6AM before anyone asks you for money.
By subscribing you agree to receive the daily MarkTell digest. Free forever. Unsubscribe anytime.