Once Crypto Queen, Now Europe’s Most Wanted Fugitive -Breaking
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Once Crypto Queen, Now Europe’s Most Wanted Fugitive- Crypto queen Dr Ruja Ignatova has been added to Europol’s most wanted list.
- Since the OneCoin scam in 2017 was exposed, she was running.
- The agency is offering a bounty of €5000 on any information on the swindler.
Dr Ruja Ignatova, founder of crypto scam OneCoin, is now on Europol’s most wanted list. Her role in OneCoin fraud was a master fraudster, and she is now a wanted fugitive.
“Dr Ruja is suspected of having, as the driving force and intellectual inventor of the alleged cryptocurrency OneCoin, induced investors all over the world to invest in this actually worthless currency”, reads the description on Europol’s website.
Her disappearance has been reported by the law enforcement agency since October 2017. Additionally, there is also a €5000 reward offered to anyone who can offer information leading to her arrest.
The details were also posted on Interpol’s Twitter (NYSE:) account:
RED NOTICE: Ruja Ignatova, dubbed ‘the Cryptoqueen’, is #wanted by Germany @bka for fraud and money laundering. A reward is offered for information leading to the arrest of the co-founder of the alleged cryptocurrency ‘OneCoin’ in hiding since 2017. https://t.co/vz1hwxok9p pic.twitter.com/jvGb8pg6gz
— INTERPOL (@INTERPOL_HQ) May 11, 2022
OneCoin’s 2017 scam is undoubtedly one of history’s biggest fraud schemes. It was a viable alternative to the traditional currency and attracted many investors around the globe. The pyramid scheme was so successful that it reeled in over £12.7 billion from investors. Ignatova is frequently compared with Bernie Madoff, an infamous conman.
The scam even turned out to be the subject of the BBC podcast show titled “The Missing Cryptoqueen”. The podcast was based on Jamie Bartlett’s book by the same name.
Investors were relieved to learn that most people involved in this fraud have been detained. This includes co-founder Karl Sebastian Greenwood, Ignatova’s brother Konstantin, her corporate lawyer Mark Scott and her former lover, Gilbert Armenta.
Jamie Bartlett suspects Ignatova could be using a fake passport and a false name. The chances of Ignatova being arrested seem unlikely. Yet, the cryptocurrency community will surely be interested in her case if she’s arrested.
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