Ex-Locke Lord Atty Denies New Charge In $400M Crypto Case
Law360, New York (October 10, 2019, 9:36 PM EDT) -- A former Locke Lord LLP attorney accused of laundering money in connection with an alleged $400 million cryptocurrency scam on Thursday pled not guilty to a new indictment that further charged him with bank fraud.
At an afternoon conference before U.S. District Judge Edgardo Ramos in Manhattan, Mark S. Scott was arraigned on the superseding indictment, less than a month before he is due to stand trial for allegedly conspiring to launder money from a pyramid scheme involving what prosecutors say is a fraudulent cryptocurrency called OneCoin.
Prosecutors say Scott laundered about $400 million in OneCoin proceeds through a series of...
Stay ahead of the curve
In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.
Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
Create custom alerts for specific article and case topics and so much more!