Law enforcement authorities in Greece recently attempted to locate Ruja Ignatova, the founder of the infamous Onecoin pyramid scheme. According to a prominent Greek daily, the investigators acted on intelligence indicating that she is still in the country. Also known as “Cryptoqueen,” Ignatova was last seen on a plane bound for Greece several years ago.
Authorities in Athens are trying to find “lost cryptocurrencies” who traveled to Greece 5 years ago
Greece has become the scene of the latest episode in the hunt for Ruja Ignatova, one of the founders of the notorious cryptocurrency pyramid Onecoin. The country is believed to be the last destination I visited before it disappeared nearly five years ago.
Ignatova, codenamed Cryptoqueen, has been missing since October 25, 2017, when she boarded a Ryanair flight bound for Athens in the Bulgarian capital Sofia. She is now wanted by Interpol, Europol, and the US Federal Bureau of Investigation (FBI) to embezzle at least $4 billion from investors in a fake cryptocurrency project.
Citing sources from the Greek Police (EL.AS.), Kathimerini newspaper reported this week that the Greek authorities had received intelligence, obtained both domestically and abroad, indicating that Ignatova was in Greece and was holding meetings with certain people.
Less than a month ago, EL.AS. A special operation was launched to arrest her. The leading Greek daily revealed that despite active search efforts, investigators were unable to confirm and arrest the information in their possession.
When the FBI added Ignatova to its 10 most-wanted fugitive list, the agency said she may have been traveling on a false passport and may have visited the United Arab Emirates, Bulgaria, Germany, Russia, Greece and Eastern Europe, where she has known connections.
Kathimerini police sources indicated that dozens of countries are now working closely to determine her whereabouts, and are actively exchanging materials related to the case. The investigation continues with full force and in fact law enforcement authorities are stepping up their efforts to tighten the noose around Cryptoqueen.
The global search for the mastermind of the Onecoin pyramid continues
The FBI is offering $100,000 as a reward for any information that leads to the arrest of the only woman among the top 10 fugitives in the ranking. In mid-May, Ruja Ignatova was also listed by Europol as one of Europe’s most wanted, while Interpol issued her a red notice with a cash reward as well.
Onecoin’s co-founder is now considered one of the world’s most mysterious fraudsters, the paper reports. 42-year-old Ignatova was born to Roma parents in Bulgaria, but when she was only 10 years old, her family moved to Germany and she also became a German citizen.
Roja graduated from Oxford University in 2005 and later received her Ph.D. in private international law from the University of Constance. While she reportedly worked for management consulting firm McKinsey & Company, her shadowy career began before 2012, when she was convicted of takeover fraud related to a bankrupt company and given a 14-month suspended prison sentence.
After briefly participating in a multilevel marketing scam called Big Coin the following year, in 2014, Ignatova created a Onecoin pyramid scheme around a supposedly blockchain-based cryptocurrency advertised as a “Bitcoin killer,” which lured investors with promises of a “financial revolution.” . She directed and promoted the project with her partner Sebastian Greenwood, now imprisoned in the United States, and her brother Konstantin Ignatov, who sought witness protection after his arrest in Los Angeles in 2019.
Do you think law enforcement around the world will eventually locate Onecoin’s Cryptoqueen Ruja Ignatova? Tell us in the comments section below.
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