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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: TobagoJack who wrote (162423)9/9/2020 7:12:42 PM
From: bull_dozer1 Recommendation

Recommended By
Pogeu Mahone

  Read Replies (2) | Respond to of 217669
 
OneCoin Took In Billions. Then Its Leader Vanished.

Federal prosecutors allege Ruja Ignatova, known as the Cryptoqueen, sold the promise of riches—but was really running a pyramid scheme

The splintering of one of the world’s biggest cryptocurrency frauds began with an act of jealousy. Ruja Ignatova, whose OneCoin raked in billions, suspected her boyfriend of stringing her along in late 2017, her brother later testified in federal court. So, he said, she had an associate rent an apartment beneath the boyfriend’s Florida digs and drill through the floor to eavesdrop. What she discovered was another kind of betrayal: that he was cooperating with the Federal Bureau of Investigation. Weeks later Ms. Ignatova, known among her fans as the Cryptoqueen, disappeared. Federal prosecutors in New York have charged her with fraud.

The story of OneCoin stands out even among the outlandish capers of the cryptocurrency era. The Justice Department said OneCoin accounts show it took in some $4 billion from the fourth quarter of 2014 to the third quarter of 2016, sucking in investors from Africa to the U.S., Venezuela to China.

wsj.com