- Chief Compliance Officer and VP of Legal Affairs, Arrow Electronics
By Adrianne Appel2023-03-27T18:59:00
The former head of legal and compliance at OneCoin was indicted on separate charges of conspiracy to commit wire fraud and money laundering for her role in the $4 billion cryptocurrency fraud scheme.
OneCoin, started in 2014 in Bulgaria by Ruja Ignatova and Karl Sebastian Greenwood, relied on a pyramid scheme in which members were paid for recruiting others. Its head of compliance, Irina Dilkinska, helped solicit individuals to invest in OneCoin, including in New York, and assisted in creating shell companies to launder at least $400 million in proceeds, the Department of Justice alleged in a March 21 press release.
Mark Scott, a former equity partner at Locke Lord, operated fake Cayman Islands investment funds in which Dilkinska was involved, the DOJ said. Dilkinska allegedly devised a fake company, B&N Consult EEOD, to try and hide the transfer of proceeds from OneCoin into the Cayman Islands accounts.
You are not logged in and do not have access to members-only content.
If you are already a registered user or a member, SIGN IN now.
2024-04-05T15:04:00Z By Kyle Brasseur
The former head of legal and compliance at OneCoin was sentenced to four years in prison after pleading guilty to fraud charges regarding her role in a cryptocurrency marketing scheme.
2023-11-09T22:51:00Z By Kyle Brasseur
The former head of legal and compliance at OneCoin pleaded guilty to fraud charges regarding her role in a cryptocurrency marketing scheme that generated more than $4 billion in sales and revenue.
2023-04-21T17:01:00Z By Jeff Dale
The Department of Justice announced charges against the “purported” chief compliance officer at Dominion Bank and Trust Company Limited for allegedly taking part in a $4 million fraud scheme.
2025-05-01T14:39:00Z By Neil Hodge
Antitrust infringement cases in the United Kingdom can run on for years, but there’s a question whether issuing fines that are dwarfed by the revenues of those organisations involved is a worthy deterrent—particularly if they are imposed over a decade after the misconduct ended. It’s also debatable whether the first ...
2025-04-22T12:00:00Z
The Federal Trade Commission (FTC) filed a lawsuit against Uber, alleging the ride-hailing company signed customers up for its Uber One subscription without consent, then made it hard for them to cancel. The move marks the U.S. government’s latest broadside against big tech companies, and the first major action from ...
2025-04-18T17:45:00Z By Oscar Gonzalez
The U.S. Consumer Financial Protection Bureau continues to unravel amid pressure from Trump administration officials to shutter the agency. Not only has the agency informed its employees that it will no longer be a watchdog for the financial services industry, it has also laid off employees despite court orders blocking ...
Site powered by Webvision Cloud