Wed. Nov 30th, 2022
FBI adds ‘Cryptoqueen’ to Ten Most Wanted Fugitives List after alleged $4 billion OneCoin fraud

The FBI is offering a reward of up to $100,000 for information leading to the arrest of Ruja Ignatova.

Ignatova is believed to travel with armed guards and/or associates. Ignatova may have had plastic surgery or otherwise altered her appearance.

Ruja Ignatova is wanted for her alleged participation in a large-scale fraud scheme. Beginning in approximately 2014, Ignatova and others are alleged to have defrauded billions of dollars from investors all over the world. Ignatova was the founder of OneCoin Ltd., a Bulgaria-based company that marketed a purported cryptocurrency. In order to execute the scheme, Ignatova allegedly made false statements and representations to individuals in order to solicit investments in OneCoin. She allegedly instructed victims to transmit investment funds to OneCoin accounts in order to purchase OneCoin packages, causing victims to send wire transfers representing these investments. Throughout the scheme, OneCoin is believed to have defrauded victims out of more than $4 billion.

Ruja Ignatova, pictured in the above wanted poster, is seen giving a speech at the OneCoin’s Wembley Arena event for investors pic.twitter.com/ggx5NazryM

— US Attorney SDNY (@SDNYnews) June 30, 2022

Ignatova served as OneCoin’s top leader through October 2017. On October 25, 2017, Ignatova traveled from Sofia, Bulgaria, to Athens, Greece, and may have traveled elsewhere after that. She may travel on a German passport to the United Arab Emirates, Bulgaria, Germany, Russia, Greece and/or Eastern Europe.

On October 12, 2017, Ignatova was charged in the United States District Court, Southern District of New York and a federal warrant was issued for her arrest. On February 6, 2018, a superseding indictment was issued charging Ignatova with one count each of Conspiracy to Commit Wire Fraud; Wire Fraud; Conspiracy to Commit Money Laundering; Conspiracy to Commit Securities Fraud; and Securities Fraud.

The post FBI adds ‘Cryptoqueen’ to Ten Most Wanted Fugitives List after alleged $4 billion OneCoin fraud appeared first on Breaking911.

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