OneCoin co-founder Greenwood gets 20 years in US jail for fraud, money laundering

Karl Greenwood, co-founder of OneCoin with Ruja Ignatova, was sentenced to 20 years in prison and ordered to pay $300 million in the United States on Sept. 20. Ignatova remains at large.

Greenwood, who is a citizen of the United Kingdom and Sweden, was sentenced in the U.S. Southern District Court of New York. In a statement by the U.S. Justice Department, U.S. Attorney Damien Williams called OneCoin “one of the largest fraud schemes ever perpetrated.” The multilevel marketing and Ponzi