Ex-OneCoin compliance head charged over alleged fraud role
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.
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