Bulgarian Chief Prosecutor Accused of Willfully Failing to Act Against Onecoin Fraudsters

The legal representative of victims of the Onecoin bitcoin scam operation, Jonathan Levy, has accused the Bulgarian prosecutor of deliberately failing to take action against Onecoin. The lawyer said due to the prosecutor’s inaction, more victims are losing millions of dollars to the fraudsters.

Prosecutor Refusing to Take Action Against Ruja Ignatova’s Mother

A lawyer representing victims of the Onecoin bitcoin Ponzi scheme, Jonathan Levy, has suggested that the criminal scheme’s masterminds may be getting protection from the Bulgarian chief prosecutor, Ivan Geshev. In an open letter addressed to Yuliya Kovacheva, Bulgaria’s deputy minister of justice, the lawyer claimed Geshev’s inaction has allowed Onecoin to defraud new victims of millions of dollars.

Bulgarian Chief Prosecutor Accused of Willfully Failing to Act Against Onecoin Fraudsters

According to Levy, the prosecutor has failed to act against the key Onecoin mastermind Ruja Ignatova’s mother, despite the existence of arrest warrants that have been issued by Interpol, Europol, and German law enforcement.

As previously reported by Bitcoin.com News, Ignatova was placed on Europol’s most wanted list after the law enforcement group accused her of being the driving force and intellectual inventor of Onecoin. The agency has since offered a reward of more than $5,300 to anyone with information that may lead to Ignatova’s capture.

Bulgarian Government Urged to Probe Chief Prosecutor

Meanwhile, in a letter in which he expresses his dissatisfaction with Geshev’s conduct, Levy accuses the prosecutor of not only failing to take action against Veska Ignatova (Ruja’s mother), but also of failing to act against “other Onecoin mafia in Bulgaria that continue the Onecoin criminal operation on behalf of the fugitive Ruja Ignatova.”

The letter also suggests that if Geshev were to take action, Onecoin masterminds would be forced to halt operations. He added:

This nonfeasance by the Prosecutor’s Office is allowing the Sofia office of OneCoin to maintain operations throughout Europe, Latin America, and Southeast Asia and continue to receive millions of Euros in payments in cryptocurrency (BTC, ETH, USDT) on a monthly basis from new victims.

Levy concludes his letter by urging the Bulgarian government to launch a probe into the prosecutor’s conduct.

What are your thoughts on this story? Tell us what you think in the comments section below.

Terence Zimwara

Terence Zimwara is a Zimbabwe award-winning journalist, author and writer. He has written extensively about the economic troubles of some African countries as well as how digital currencies can provide Africans with an escape route.














Image Credits: Shutterstock, Pixabay, Wiki Commons, Belish

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

Comments (No)

Leave a Reply

Advantages of Using Cryptocurrency
The Evolution of Cryptocurrency
How to Trade With The FutureTrade
How Crypto Marketing is Emerging
Astrology NFT project ‘Lucky Star Currency’ rugged for over $1m – Certik
What is going on with Sam Bankman-Fried’s defense?
South Korean UPbit counters 1,800% surge in hacking attempts with AI-driven security measures
Crypto investment products see largest inflows since July — CoinShares
Gods Unchained: The Ultimate Guide
Boost Your Business with These AI Marketing Tools
Best AI Profile Pic Generators in 2023
Shazane Nazaraly’s Inspiring Journey to Launching Ares Corporation
Decentraland Hosts An Ugly Sweater Wearable Competition For Xmas!
Next Earth Introduces LAND Descriptions For Its Metaverse Plots
Degen Toonz & CULT&RAIN Lead the Way in Digital Fashion
Degen Toonz & CULT&RAIN Lead the Way in Digital Fashion