Thread: onecoin.eu ponzi scam

The pre-trial hearing of Sebastian Greenwood was held yesterday and no legal surprises from the hearing. Due to the fact that Sebastian's current attorney had not had that much time to prepare, and limited access to his client, they agreed to adjourn until October 5.

One surprising statement that did come out of the hearing was Sebastian's attorney claiming it was a $15 Billion Dollar Ponzi, not the $4.6 Billion Dollar Ponzi the US authorities had said was the amount. Personally I have always thought the total amount stolen was in the $14 Billion to $18 Billion Dollar range, not the $4.6 Billion cited by the US authorities. Heck I think the Chinese had over $4 Billion Dollars in OC. It will be interesting to see if the US authorities change their number as to the size of OC's total take.

Today is supposed to be the day of David Pike's guilty plea hearing. Not sure if the date was right or not, but we will soon know. If not today, then possibly on Monday. That should also be an eye-opener of a hearing. Stay tuned, as this is just starting to get interesting. Toss in new episodes of The Missing Crypto-Queen and it will make for an exciting August.

Actually David Pike's guilty plea hearing has now been set for October 8, not August 8 as I had mentioned above.