Jailed Onecoin Mastermind Accused of Using Contraband Mobile Phone to Move $20 Million

Onecoin Mastermind Taking Advantage of Regulators’ Failures

The lawyer representing victims of the Onecoin scam, Jonathan Levy, has alleged that the pyramid scheme’s jailed co-mastermind, Karl Sebastian Greenwood, recently moved at least $20 million which he insists was stolen from investors.

In a statement released on November 24, 2021, Levy explains how Greenwood, who is currently detained at Manhattan Metropolitan Correctional Center, was able to pull off the transfer. He said Greenwood had been aided by a network of lawyers and a contraband cellphone.

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Jailed Onecoin Mastermind Accused of Using Contraband Mobile Phone to Move $20 Million