US law enforcement extradited OneCoin’s Legal and Compliance Head, Irina Dilkinska, from Bulgaria on Monday and charged her with conspiracy to commit wire fraud and money laundering . Both the charges individually carry a maximum prison sentence of 20 years.
OneCoin was one of the most notorious cryptocurrency scams that operated as a multi-level marketing scheme globally, defrauding more than 3 million people globally. The reach of the scheme even went to the smallest island nations.
OneCoin, co-founded by Karl Greenwood and Ruja Ignatova, operated between 2014 and 2016. According to the scheme’s records, it generated over €4 billion ($4.08 billion) in sales revenue and earned €2.7 billion in profits.
Dilkinska, as the Head of Legal and Compliance, played a major role in creating shell companies to launder the proceeds of OneCoin and hold properties for Ignatova. The court documents highlighted that Dilkinska helped Mark Scott, a former lawyer convicted in the US and now in jail for 50 years, launder around $400 million for OneCoin.
She was also accused of burning down documents, which are now considered destroyed evidence, after learning about Scott’s arrest.
“Irina Dilkinska, the supposed Head of Legal and Compliance for the OneCoin cryptocurrency pyramid scheme, accomplished the exact opposite of her job title and allegedly enabled OneCoin to launder millions of dollars of…
