Fugitive Mastermind of $4B OneCoin Pyramid Scheme Still at Large After Partner Sentenced to 20 Years
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Ruja Ignatova, mastermind of $4B OneCoin pyramid scheme, has been a fugitive since 2017 when she disappeared after being charged.
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Ignatova's partner, Karl Greenwood, was just sentenced to 20 years in prison for his role in the massive fraud that impacted over 3.5 million victims.
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Ignatova earned degrees from Konstanz University and Oxford before launching the fraudulent OneCoin cryptocurrency with Greenwood.
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OneCoin was a multi-level marketing scheme that falsely claimed to be a legitimate cryptocurrency and "Bitcoin killer".
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The FBI continues to hunt for Ignatova, who they believe may have altered her appearance through plastic surgery to evade authorities.