Accusations Levied Against Alleged Onecoin Swindler
Ruja Ignatova, a 45-year-old German national, is still at large, wanted for her alleged involvement in the global fraud surrounding the cryptocurrency Onecoin. This digital currency, which she is accused of inventing, has caused billions of euros in estimated damages and affected millions of investors worldwide.
Ignatova, who was raised in Southern Germany, is listed on both the FBI's Top 10 Most Wanted Fugitives and Europol's Top Wanted list. She is wanted for her role in setting up a fraudulent Ponzi scheme for the distribution of Onecoin.
The alleged fraudulent activities associated with Onecoin are believed to have taken place between 2015 and 2016. During this period, Ignatova's company's headquarters were based in the Westphalian town of Greven.
The indictment against Ignatova spans over 600 pages, detailing the extensive nature of the alleged fraud. Assets worth approximately 28 million euros were secured during the investigation.
Ignatova disappeared in 2017, and her current whereabouts remain unknown. Despite her absence, the global fraud involving Onecoin continues, with some individuals already sentenced to prison for their involvement. A couple associated with Ignatova has already been imprisoned for their part in the Onecoin fraud.
If apprehended, Ignatova could face trial. The District Court of Bielefeld has the power to extend the statute of limitations for her case by five years. The exact location of her current whereabouts remains a mystery, but the search continues.
The damage caused by the Onecoin fraud is estimated to be in the billions, with 57 million euros being the estimated total damage from the alleged fraud offenses. The ongoing investigation serves as a reminder of the importance of vigilance and due diligence in the ever-evolving world of cryptocurrencies.
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