Blockchain News

Leaked police documents provided information about arrest efforts to the onecoin mastermind

Onecoin’s founder Ruja Ignatova may have been informed of the preparations to imprison her months before she vanished almost five years ago, according to a media source. According to BBC, which broadcasts a podcast called “The Missing Cryptoqueen” that is devoted to the tale of the famed runaway.

Frank Schneider, a former Luxembourg intelligence officer who served as a valued advisor to Ignatova and is currently up for extradition to the United States due to his alleged involvement in the Ponzi scam, revealed the documents. The metadata implies Ruja obtained the materials through her own contacts in Bulgaria, but Schneider disputes this and claims he acquired them on a flash drive from her.

Interpol, Europol, and the FBI are all looking for 42-year-old Ignatova, a German national who was born in Bulgaria and is suspected of stealing $4 billion from scammed investors. On October 25, 2017, she boarded a Ryanair flight for Athens, which is when she was last seen. This summer, according to media accounts, the Greek police made an effort to find her after learning about recent meetings she had there.

The police files, according to the BBC, include presentations made during a meeting on “Operation Satellite” held on March 15, 2017, at Europol’s headquarters in The Hague. Members of the FBI, the US Department of Justice, and the New York District Attorney were there. Additionally present were officers from Dubai, Bulgaria, the Netherlands, Dubai, and the United Kingdom.

The panelists talked about the crypto pyramid investigation’s specifics, including the City of London Police’s futile attempts to interrogate Ignatova. Regarding the Europol records, the FBI declined to comment, although Special Agent Paul Roberts said in the podcast:

“There were investigations all around the world into her, and into Onecoin generally, many of which she had become aware of due to actions by law enforcement in other countries.”

Schneider, according to U.S. prosecutors, allegedly gave the Cryptoqueen secret police intelligence in 2019. 

However, he insists that “when the Bulgarians participated at certain Europol meetings, it only took hours for her to get a complete rundown and get the minutes of what was said in those meetings.”

The United States’ law enforcement agencies that attended the March 2017 meeting as well as the Dubai Police declined to comment.

Europol, which said it’s looking into the matter, stated that “This complex scenario with many stakeholders makes it difficult to assess where and how such an incident might have occurred.”

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