Creator of Onecoin is listed by Europol “among the most wanted in Europe” and rewards whoever reports about her – DiarioBitcoin

Creator of Onecoin is listed by Europol "among the most wanted in Europe" and rewards whoever reports about her - DiarioBitcoin

Creator of Onecoin is listed by Europol "among the most wanted in Europe" and rewards whoever reports about her - DiarioBitcoin For DailyBitcoin Editor

Ruja Ignatova, the creator of onecoin, He is among the most wanted criminals in Europe.

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The intellectual author and main architect of the famous crypto pyramid scheme onecoin, Ruja Ignatova, is now part of the list of most wanted fugitives in Europe. Also known as the “Crypto Queen,” she disappeared nearly five years ago, after the Ponzi scheme she ran raised billions of dollars from investors around the world and defrauded them.

The European Union Agency for Law Enforcement Cooperation, Europol, is now offering a reward of up to 5,000 euros ($5,200) for any information that could lead to the arrest of Ruja Ignatova.

The ad describes Ignatova, a doctor of law, as the “driving force and intellectual inventor of the alleged Onecoin cryptocurrency.” It is suspected that he induced investors from all over the world to invest money in “this ‘coin’ that is actually worth nothing”notes Europol.

Here you can see the announcement:

Creator of Onecoin is listed by Europol "among the most wanted in Europe" and rewards whoever reports about her - DiarioBitcoin
Europol announcement

As you can see, there it is said that he is also known as Ruzha or Rouja, he is of German nationality and is currently 42 years old, measures 1 meter 63 centimeters and has brown eyes. She speaks three languages: English, German and Bulgarian. The crime with which she is accused is “fraud, including that which affects the financial interests of the European Communities within the meaning of the Convention of July 26, 1995 relative to the protection of the financial interests of the European Communities”.

Thousands of millions

The agency also notes that losses related to fraud in the scheme Ponzi that have been established so far are in the upper double-digit million range, while acknowledging that the total damage caused on a global scale is likely to be several billion US dollars. Europol Explain:

yesThe whereabouts of the wanted person have been unknown since October 25, 2017, and he has not appeared in public since that date, neither in connection with OneCoin nor otherwise.

It is worth noting that the promised reward is intended only for private individuals who provide crucial information about their location and not for officials prosecuting criminal offences.

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Crypto Queen has been added to Europe’s most wanted list at the initiative of the German police authorities. According to an announcement published by the police in the western German province of North Rhine-Westphalia, the Bielefeld prosecutor’s office has offered the 5,000 euro reward.

Brief history of a scam

Ruja Ignatova pitched onecoin in 2014. The project’s cryptocurrency was announced as the “bitcoin killer” and promoted through offshore entities based in Bulgaria Onecoin Ltd.registered in Dubai, and Onelife Network Ltd, incorporated in Belize. Both were founded by Ignatova and her partner Sebastian Greenwood, who is now incarcerated in the US.

Ruja’s brother, Konstantin Ignatov, who is also a co-founder of onecoin, was arrested in Los Angeles in 2019 and accused of committing financial crimes. Since then, he began to cooperate with the investigators working on the case, testified about the links of onecoin with organized crime, he pleaded guilty and sought witness protection.

In November 2021, a lawyer representing the investors urged Bulgaria to act on the case, claiming that the scam was still operating from the country. In a petition to the Bulgarian ombudsman, Jonathan Levy accused the officials of failing to provide justice to the victims. As he explains bitcoin.com, also alleged that the entities Ignatovs Y onecoin they still had control of property, crypto assets, and trust funds in excess of €12.5 billion (over $13 billion).

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onecoin it has continued to operate in some way, penetrating multiple countries, as different as Japan and Mexico, in different ways. In 2020, 8 people allegedly linked to the scam were arrested in Argentina.

In 2020, a movie was being made about this case, starring actress Kate Winslet.

Sources: Eumostwanted, bitcoin.com, cryptopotatoarchive

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WARNING: This is an informative article. DiarioBitcoin is a means of communication, it does not promote, endorse or recommend any investment in particular. It is worth noting that investments in crypto assets are not regulated in some countries. May not be suitable for retail investors as the full amount invested could be lost. Check the laws of your country before investing.

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