Five years after she vanished, Ruja Ignatova, the Bulgarian wanted for her role in a $4 billion fake cryptocurrency scheme, is believed to have turned up after her London property was recently put up for sale.
Ignatova, known as the “cryptoqueen,” gained notoriety after being added to the FBI’s list of the ten most wanted fugitives last year. The organisation has offered her a reward.
The German national, 42, was responsible for one of the most infamous frauds in the usually perilous world of cryptocurrency. She used a fake virtual currency operation to raise billions of dollars.
In October 2017, right after US authorities issued a sealed indictment and an arrest warrant for Ruja Ignatova, she vanished in Greece.
She started the cryptocurrency scheme OneCoin in 2014, which gave her the opportunity to steal more than $4 billion.
Her Kensington flat in London, billed as the “ultimate penthouse,” was initially listed for $15.5 million (£12.5 million), but then dropped to $13.6 million (£11 million), according to reports from the BBC and New York Post.
Ignatova apparently purchased the home in a company’s name rather than her own. The eventual owner of a property must be publicly disclosed, however, in accordance with a new transparency regulation in the UK, failing which the property will not be allowed to be sold there.
The most sought-after person in the world is now recognised as the ultimate beneficial owner of a penthouse in London, according to Jamie Bartlett, creator of the podcast “The Missing Cryptoqueen,” who spoke with iNews.
Gerald Ruebsam, a senior prosecutor in the Ignatova case, expects that any money from the sale of the penthouse in London would go to reimbursing those who were duped by Ignatova and her fraudulent business.