By Kyle Brasseur2023-11-09T22:51:00
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.
Irina Dilkinska faces a maximum of 10 years in prison after pleading guilty to one count of conspiracy to commit wire fraud and one count of conspiracy to commit money laundering, the Department of Justice (DOJ) announced Thursday. Her sentencing is scheduled to take place in February.
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. 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 DOJ alleged in March.
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.
2023-11-08T14:38:00Z By Kyle Brasseur
Payment service providers could do more to support victims of fraud, including through better communication procedures, a review by the U.K. Financial Conduct Authority found.
2023-11-03T18:00:00Z By Adrianne Appel
The president and chief compliance officer of investment adviser Prophecy Asset Management misled investors about more than $350 million in losses while pocketing millions in management and incentive fees, according to the Securities and Exchange Commission.
2025-10-08T18:28:00Z By Adrianne Appel
Charlie Javice, a former CEO who duped JPMorgan Chase into purchasing her start up company for $175 million, has been ordered to forfeit more than $22 million by the Department of Justice (DOJ) and to spend 7 years in jail.
2025-10-07T16:08:00Z By Adrianne Appel
Georgia Tech Research Corp. (GTRC) has agreed to pay $875,000 to settle allegations first raised by two compliance officers that its cybersecurity protocols violated acceptable standards for defense contractors, the Department of Justice (DOJ) said.
2025-10-06T17:12:00Z By Adrianne Appel
Tractor Supply Company has agreed to get into compliance with California’s consumer privacy law and to pay a $1.35 million fine—the largest yet by California—to settle allegations it violated the privacy rights of customers and job applicants.
Site powered by Webvision Cloud