‘Cryptoqueen’ Confederate Goes Lacking Whereas Underneath Home Arrest Simply Earlier than Authorized Proceedings: Report

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The previous advisor of ‘Cryptoqueen’ Ruja Ignatova has reportedly disappeared simply earlier than his extradition to the US to face trial on expenses of fraud and cash laundering.

Frank Schneider is alleged to have coordinated with attorneys and PR corporations to help the operation of the notorious OneCoin rip-off, which was deemed fraudulent by the Division of Justice.

US prosecutors accuse Schneider of handing over confidential police info to Ignatova, which helped her evade arrest for her function within the $4 billion crypto scheme.

In keeping with a report from BBC, Schneider went lacking whereas beneath home arrest in France. Authorities additionally confirmed that Schneider, who can be the previous head of operations of Luxembourg’s intelligence company, evaded digital surveillance regardless of being fitted with an ankle tag.

Schneider faces as much as 40 years in jail if discovered responsible of his alleged participation within the OneCoin scheme, however the former spy casts doubt that he would get a good trial within the US.

Mentioned Schneider throughout a 2022 interview with The Lacking Cryptoqueen podcast,

“I concern that I’ve not acquired entry to a authorized system wherein I can defend myself correctly. The system could be very a lot based mostly on so-called plea bargaining. Now, for me, that already is an issue, as a result of I profoundly consider that I’m not responsible… So I’m a bit caught as to what would occur in america, if I get there.”

Schneider’s boss Ignatova stays at giant however there are reviews claiming that she was murdered by the Bulgarian mafia in 2018.

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