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Tuesday, July 23, 2024

Ruja Ignatova: £4m reward being provided in hunt for fugitive ‘Cryptoqueen’ | World Information

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A $5m (£4m) reward is being provided within the hunt for the fugitive “Cryptoqueen” Ruja Ignatova.

Bulgarian-born Ignatova, who has German citizenship, has been on the FBI’s high 10 most wished listing since 2022 for fraud and cash laundering.

She is accused of defrauding buyers out of $4bn (£3.3bn) by promoting a faux cryptocurrency known as OneCoin, based in Sofia in 2014.

The US company, which has known as OneCoin “one of many largest international fraud schemes in historical past”, beforehand provided a $100,000 (£82,463) reward for info resulting in her seize.

Nonetheless, that has now been raised to £4m.

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In the meantime, Bulgaria’s chief prosecutor mentioned on Wednesday that the nation will press prices in opposition to Ignatova, who disappeared in late 2017.

“She can even be charged in absentia in our nation, which can enable the beginning of a process for the confiscation of her illegally acquired property,” he mentioned.

Ignatova’s final recognized actions have been taking a Ryanair flight from Sofia to Athens in October 2017 and there is hypothesis she might have been murdered by the Bulgarian mafia.

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