Prosecutors from the Southern District of New York (SDNY) court have submitted a “forfeiture money judgment” against the former attorney Mark Scott. The lawyer was charged with helping the Ponzi scheme Onecoin launder funds. The U.S. Department of Justice (DoJ) claims that Scott helped launder $400 million and the entity hopes to seize his current assets.
On August 31, attorneys from the SDNY court and members of the DoJ submitted a new court filing in the case called “United States v. Mark S. Scott.” The case involves Mark Scott’s involvement with Onecoin and Ruja Ignatova (the cryptoqueen), as the DoJ accused Scott of helping the Ponzi launder $400 million in the British Virgin Islands.
The DoJ and NYSD prosecutors said Scott helped Onecoin associates since 2015. The case is being handled by Judge Edgardo Ramos and Scott will face 50 years when he appears before Ramos during his October 9 sentencing.
In addition to the looming prison sentence, the DoJ has also submitted a “forfeiture…