Inner City Press

In Other Media-eg New Statesman, AJE, FP, Georgia, NYTAzerbaijan, CSM Click here to contact us     .

These reports are usually available through Google News and on Lexis-Nexis

Share |   

Follow on TWITTER

Home -

These reports are usually available through Google News and on Lexis-Nexis


(FP Twitterati 100, 2013)

ICP on YouTube

More: InnerCityPro
Sept 24, 2013

UN: Sri Lanka


FOIA Finds  

Google, Asked at UN About Censorship, Moved to Censor the Questioner, Sources Say, Blaming UN - Update - Editorial

Support this work by buying this book

Click on cover for secure site orders

also includes "Toxic Credit in the Global Inner City"




Bank Beat

Freedom of Information

How to Contact Us

After Trial OneCoin Lawyer in Norway Denies Ignatov Said What He Did As Exhibits Withheld

By Matthew Russell Lee, Exclusive Patreon
BBC - The Times UK - Honduras - The Source 

SDNY COURTHOUSE, Dec 3 –  As Inner City Press covered the OneCoin trial in the SDNY court November, a number of names of indicted co-conspirators emerged on which we are now following up.

  Meanwhile, OneCoin's promoters and (legal) defenders are circling the wagon, something made easier by the U.S. Attorney's Office refusing to release documents, even the exhibits they flashed to the jury. Inner City Press has filed a Freedom of Information Act request, receipt of which has been acknowledged by the Department of Justice in Washington. Here's why:

  In Norway, One Coin's laywer Per Danielsen is quoted in the Borsen publication has having told Dagbladet in writing, "Ignatov has never stated that Onecoin is fraudulent. He has only testified against US Attorney Scott and stated that the lawyer must have carried out wire fraud, ie transferring money between states in the United States without permission. It has no connection with Onecoin. Ignatov is now being released because he has cooperated with the prosecution in the United States. So he is not being pursued for his position with Onecoin, and will probably soon become a free man." (h/t BeyondMLM).

  But Konstantin Ignatov, as live-tweeted by Inner City Press, very much said that he was working for a criminal scheme. And exhibits shown are for some reason being withheld. This seems to be the opposite of a what a public prosecutor should be doing, with regard to an ongoing scheme. And what of cooperator Gilbert Armenta still forming companies, as reported by Inner City Press? We'll have more on this.

  Also named was Amer Abdulaziz Salman. As Inner City Press exclusively reported on November 6, surprise cooperating witness Konstantin Ignatov brought up Amer Abdulaziz during his testimony, live-tweeted @InnerCityPress, and see here.

  On November 24 those tweets were used without any credit in a derivative article by the Racing Post's Peter Scargill - apparently dodginess pervades this part of the industry.

  Inner City Press has been contacted from Dubai of Sheikh Mohammed bin Rashid al Maktoum, from Amer Abdulaziz's native Bahrain and elsewhere by whistleblowers in the horse racing industry, with extensive information about Amer Abdulaziz's previous schemes and sudden windfall with OneCoin money.

   After some delay, and not insubstantial humiliation for Ajay Anne with his connections to Dubai Sheikh Mohammed's Darley and the repeat promise that an Abu Dhabi sheikh was coming in, investment in Abdulaziz by OneCoin and Ruja Ignatova occurred.

    As we've previously noted, through his Phoenix fund, Amer Abdulaziz has been buying up thoroughbred horses. Among those he's worked with, and with whom authorities may wish to speak and even play lets-make-a-deal are not only Ajay Anne but also (why not?) Sheikh Mohammed, Tom Ludt and, having broken with Phoenix Thoroughbreds as with her husband who trained all the horses, Kerri Radcliffe.

  As to Dubai and the UAE and Inner City Press' ongoing focus on the regulatory failures that allowed all this, including OneCoin, after the disgrace of Abraaj with its SDNY connections and the real failings of DIFC/DFSA (Dubai's offshore center and regulator), the fact that Amer Abdulaziz managed to open up companies under their jurisdiction should be something that Dubai should be ashamed of - and should be noted and acted on by supra-national regulatory bodies. More on Patreon here.

     During the trial, Inner City Press tweeted its surprise the Amer Abdulaziz was, unlike Ruja Ignatova, living in plain sight. It has continued: he has re-tweeted as recently as November 20.

   While some say he is going into hiding, it would seem that the US FBI or its overseas partners could easily bring him in.   So why haven't they? This is the tenth in an Inner City Press series. More on Patreon here.


Your support means a lot. As little as $5 a month helps keep us going and grants you access to exclusive bonus material on our Patreon page. Click here to become a patron.

Feedback: Editorial [at]
SDNY Press Room 480, front cubicle
500 Pearl Street, NY NY 10007 USA

Mail: Box 20047, Dag Hammarskjold Station NY NY 10017

Reporter's mobile (and weekends): 718-716-3540

Other, earlier Inner City Press are listed here, and some are available in the ProQuest service, and now on Lexis-Nexis.

 Copyright 2006-2019 Inner City Press, Inc. To request reprint or other permission, e-contact Editorial [at] for