In March 2021, an increasingly desperate Karl Greenwood was able to execute a Power of Attorney to Danish gold and diamond dealer Ahmed Abdo Hajj Mohammed Aldubaili from his Manhattan jail cell using a hidden cell phone. Aldubaili is the owner of a gold, diamond and private vault firm in Denmark.
Now thanks to German journalist Martin Himmelheber we have learned that Aldubaili also maintains a residence in Sofia, Bulgaria, from where OneCoin is still operating.
The authorities would be wise to look into Aldubaili, they may find the OneCoin missing billions including 4 memory sticks continaing 230,000 Bitcoins obtained by Ruja Igantova.
Swindler Sebastian Greenwood Seemingly Outwits Regulators
Crypto Pyramid swindler Karl Sebastian Greenwood has been moving tens of
millions of dollars and assets out of the reach of regulators and victims from his
Manhattan jail cell using a contraband cell phone and network of lawyers and accomplices.
Sebastian Green and Ruja Ignatova are the founders of the crypto pyramid
OneCoin which some say may have taken in as much as $20 billion in cash and
cryptocurrency. Ignatova is a fugitive
from justice and is well sustained with billions of dollars in cash and
cryptocurrency. Greenwood however was
apprehended by the FBI and resides in the infamous Manhattan Metropolitan Correctional
Center. On September 21, 2021, Inner
City Press revealed Greenwood had access to a contraband cell phone. Now it appears he put the phone to good use,
appearing in court proceedings half a world away and issuing orders to lawyers
has managed move at least $20 million dollars and perhaps more while regulators
are asleep at the switch. While the
OneCoin case is perhaps the largest pyramid scheme in history, the SEC and
other regulators world have as of yet not moved to confiscate the billions of
dollars and perhaps as many as 230,000 Bitcoins that Ignatova and Greenwood
stole from their victims. Greenwood has taken advantage of this pause to set up
a network to move funds out of reach.
Both Ignatova and Greenwood have issued numerous Powers of Attorney in Dubai. These documents grant the holder the rights to OneCoin accounts and real estate. In July 2020. OneCoin bank accounts worth as much as several hundred million were unfrozen in Dubai. Greenwood using his Dubai law firm and a Power of Attorney managed to appear in court via phone and through a check kiting scheme, has managed to execute judgment on at least $20 million. A lawyer for Ruja Ignatova has shared in the bounty as well. Of more concern is a March 2021 Power of Attorney issued to a Danish dealer in gold and diamonds executed remotely and notarized via cell phone.
Dr. Jonathan Levy, a lawyer for OneCoin victims is releasing the information in the hopes that regulators in the USA, Bulgaria and Dubai will be spurred to take action to secure victim funds. According to Dr. Levy: “I am shocked and dismayed there has been no attempt to confiscate OneCoin assets. We know that vast amounts of cash, real estate, and cryptocurrency have been unlawfully obtained. The brazen acts of Karl Sebastian Greenwood from his jail cell only confirm our worst fears that with every passing day, billions of dollars of assets are being placed beyond hope of recovery.”
Petition has been filed with the Bulgarian Constitutional Ombudsman alleging
the Bulgarian government has failed in its European Union mandated duties to
victims of the up to €20 billion OneCoin pyramid scheme headquartered in Sofia. OneCoin is thought to be one of the largest
and most successful financial pyramids in history. Victims however have not
received any restitution with the vast majority of funds still in the hands of the
Petitioner, Dr. Jonathan Levy, a lawyer acting on behalf of investors and
creditors of OneCoin seeks an investigation of misfeasance by the Bulgarian
government because OneCoin and its principals continue to operate from Bulgaria. The Bulgarian government has taken no steps
to seize assets from OneCoin including real estate, bank accounts, and 230,000
Bitcoins worth over €12 billion. OneCoin has been declared a criminal
enterprise by the United States and other governments and its mastermind, Ruja
Ignatova, is a fugitive. Nonetheless, OneCoin was able to hold a recruiting
event in July 2021 in Bulgaria.
OneCoin values its discredited cryptocurrency coin at over €40. A price made feasible through the payment of 230,000 Bitcoins by an Emirati sheikh for OneCoin assets in 2015 and the subsequent rise of Bitcoin. According to Dr. Jonathan Levy: “Ironically, OneCoin once billed itself as the “Bitcoin killer” but its chance acquisition of Bitcoins makes it possible for investors to recoup their losses, if only the Bulgaria would get serious and round up the criminals in their territory.”
Petition states that OneCoin has links to violent organized crime and
terrorism. Victims have been threatened
with violence for speaking out and OneCoin promoters have been kidnapped, murdered,
In addition to an investigation of Bulgarian government inaction, the Petition requests that a claims commission be established and the offer of a reward of up to €1 billion, to be paid from OneCoin assets recovered, for information leading to the arrest of Ruja Ignatova and recovery of the missing billions.