{"id":28070,"date":"2020-09-02T15:48:46","date_gmt":"2020-09-02T12:48:46","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=28070"},"modified":"2025-08-27T09:29:18","modified_gmt":"2025-08-27T06:29:18","slug":"onecoin-lawyer-faces-393-million-forfeiture-as-doj-seeks-seizure","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/onecoin-lawyer-faces-393-million-forfeiture-as-doj-seeks-seizure\/","title":{"rendered":"OneCoin lawyer faces $393 million forfeiture as DOJ seeks seizure"},"content":{"rendered":"<p>The U.S. Department of Justice has filed in a New York court a bid to seize nearly $393 million from Mark Scott, a lawyer tied to the OneCoin pyramid. <a href=\\\"https:\/\/www.coindesk.com\/us-onecoin-money-launderer\\\" target=\\\"_blank\\\" rel=\\\"noopener noreferrer\\\">CoinDesk<\/a>.<!--more--><\/p>\n<p>The Department of Justice seeks to freeze the assets of the lawyer until the full damage is paid. If the court supports the request, U.S. authorities would confiscate from Scott $392,940,000 in funds and property. The list could include several villas, sports cars, a yacht, jewelry, and watches.<\/p>\n<p>Earlier in November 2019, a judge in the Southern District of New York found Mark Scott guilty of laundering nearly $400 million for the OneCoin pyramid. To do this, the lawyer created a network of fraudulent investment funds and offshore entities that, from 2015 to 2018, received money from shell corporations or fictitious investors connected to OneCoin.<\/p>\n<p>Scott earned $50 million from the schemes. He faces up to 50 years in prison. The final verdict will be issued on October 9.<\/p>\n<p>The overall damage from OneCoin, according to U.S. authorities, is estimated at $4.4 billion. Read ForkLog&#8217;s piece on the pyramid&#8217;s history:<\/p>\n<blockquote class=\\\"wp-embedded-content\\\" data-secret=\\\"hrDiWTUjqY\\\">\n<p>The Scam of the Decade: How a Doctor of Legal Sciences Organized the OneCoin Pyramid and Disappeared with Billions of Euros<\/p>\n<\/blockquote>\n<p><iframe loading=\\\"lazy\\\" class=\\\"wp-embedded-content\\\" sandbox=\\\"allow-scripts\\\" security=\\\"restricted\\\" style=\\\"position: absolute; visibility: hidden;\\\" title=\\\"\u201cThe Scam of the Decade: How a Doctor of Legal Sciences Organized the OneCoin Pyramid and Vanished with Billions of Euros\u201d \u2014 ForkLog\\\" src=\\\"https:\/\/forklog.com\/exclusive\/skam-desyatiletiya-kak-doktor-yuridicheskih-nauk-organizovala-piramidu-onecoin-i-propala-bez-vesti-s-milliardami-evro\/embed#?secret=bTfcfHqp2f#?secret=hrDiWTUjqY\\\" data-secret=\\\"hrDiWTUjqY\\\" width=\\\"500\\\" height=\\\"282\\\" frameborder=\\\"0\\\" marginwidth=\\\"0\\\" marginheight=\\\"0\\\" scrolling=\\\"no\\\"><\/iframe><\/p>\n<p>Subscribe to ForkLog&#8217;s channel on <a href=\\\"https:\/\/www.youtube.com\/channel\/UCC9FnXTC8_ENzaNSO5cHQ6g\\\" target=\\\"_blank\\\" rel=\\\"nofollow noopener noreferrer\\\"> YouTube<\/a>!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The U.S. Department of Justice has filed in a New York court seeking to seize nearly $393 million from Mark Scott, a lawyer tied to the OneCoin pyramid. CoinDesk reports.<\/p>\n","protected":false},"author":1,"featured_media":28071,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"The U.S. Department of Justice seeks to seize nearly $393 million from Mark Scott, a lawyer tied to the OneCoin pyramid.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[1154,1088,1163],"class_list":["post-28070","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-crimes","tag-onecoin","tag-ponzi-schemes"],"aioseo_notices":[],"amp_enabled":true,"views":"10","promo_type":"1","layout_type":"","short_excerpt":"The U.S. Department of Justice seeks to seize nearly $393 million from Mark Scott, a lawyer tied to the OneCoin pyramid.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/28070","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=28070"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/28070\/revisions"}],"predecessor-version":[{"id":28072,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/28070\/revisions\/28072"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/28071"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=28070"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=28070"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=28070"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}