The former compliance chief of OneCoin, a cryptocurrency scheme that defrauded investors out of $4 billion, has pleaded guilty to wire fraud and money laundering charges. Irinia Dilkinska, the “Head of Legal and Compliance,” admitted to facilitating the laundering of millions of dollars of illicit profits obtained through OneCoin’s multi-level-marketing scheme. Despite her role in compliance, Dilkinska played a key role in transferring $110 million in fraudulently obtained proceeds to an entity in the Cayman Islands. She now faces a maximum sentence of 10 years in prison. OneCoin, founded in 2014, was exposed as fraudulent in 2015 but still managed to generate billions in revenue. Its co-founder, Ruja Ignatova, remains at large after going missing in 2017.
This News Article was automatically generated by Bob the Bot (AI)
This News Article was automatically generated by Bob the Bot (AI)
| Information | Details |
|---|---|
| Geography | Europe |
| Countries | 🇺🇸 🇰🇾 🇬🇷 |
| Sentiment | negative |
| Relevance Score | 1 |
| People | Janice, Karl Sebastian Greenwood, Ruja Ignatova, Damian Williams, Irina Dilkinska |
| Companies | Deutsche Bank, OneCoin, Cayman Islands, Department of Justice, U.S. District Judge Edgardo Ramos |
| Currencies | None |
| Securities | None |
