OneCoin Lawyer Pleads For Absolution Over Being Convicted Of $400 Million Scam

Ritika Sharma
Ritika Kumari Sharma is an Economics Honors graduate from the University of Calcutta. She is completely into finance and believes that cryptocurrencies are the future. She is an enthusiast learner about the cryptocurrency and blockchain technology.
  • OneCoin lawyer, Mark Scott is said to have been involved in the OneCoin Scam is seeking absolution.
  • Mark Scott was convicted the last year for involvement and guiding in the money laundering act in the sum money of $400 Million.
  • The lawyers of Mark Scott questioned the prosecutors about having no victims based on the convicted scam.

OneCoin lawyer based in the US, Mark Scott, is said to have been involved in the OneCoin Scam is seeking absolution after he was convicted of $400 Million OneCoin scams by the US prosecutors.

In the recent court hearing, the attorneys related to the defendant questioned the connections of the witnesses mentioned by the prosecutors. Out of the total 17 witnesses, Scott said he only knew two of them as per the filing reports.

Mark Scott was convicted the last year for involvement and guiding in the money laundering act in the sum money of $400 Million. A total of two convictions made against him, and as per the proofs submitted on that occasion, he was found guilty on the same.

At the new court hearing now, the lawyers of Mark Scott has, however, are arguing in the court that there are no efficient proofs to mandate the charges. Mark Scott also portrayed that he was not aware of any illegal activities OneCoin at that time throughout his time working in the company’s headquarters as the chief in charge.

The entire working of the Blockchain or any other investment based activities were said to be not known by Mark Scott. He also said those activities were only under the scanner of the CEO and chief technicians.

The lawyers of Mark Scott also questioned the prosecutors about having no victims based on the convicted scam. The only victims were the CEO and the technicians themselves who had invested in the digital assets.

The lawyers of Scott also said both of them had neither met him in person or talked in any mediums previously. However, the proofs regarding this scam mainly tell the CEO himself as the main convict in this scam.

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