OneCoin Scam Founder Still on the Loose, Becomes One of Europol’s Most Waned

Ruja Ignatova, the founder of one of the biggest ever investment scams, has ended o the top list of Europol's most wanted. Ignatova has been termed a “fugitive” and is among murderers and drug traffickers on Europe's police force's top priority list.

The law enforcement agency is offering a €5000 award to anyone who might have sensitive information on the whereabouts of Ruja. Yet, the sum does seem too small to arouse interest.

The OneCoin scam was one of the biggest to date. Encompassing multi-level marketing networks and agents all around, the global fraud was able to swindle $5 billion from investors from some 175 countries. At its peak, OneCoin had claimed at least 3 million active members. Europol has deemed OneCoin a “worthless currency”

Ruja's brother Konstantin Ignatov, had already pleaded guilty after being arrested. He confessed to running the scam from the mid-2018 period on top of stating that he was on top of money laundering operations. Karl Sebastian Greenwood, co-founder and major player in OneCoin, as well as Mark Scott, the main corporate lawyer, were both arrested and prosecuted fro being a part of the fraud.

Ruja Ignatov, a.k.a the crypto queen, started OneCoin in Sofia, Bulgaria, in 2014, and spearheaded all major operations until her sudden disappearance in October 2017.