Ex-Locke Lord Atty Got $50M From 'CryptoQueen,' Jury Told
By Pete Brush (November 20, 2019, 5:35 PM EST) -- Former Locke Lord LLP partner Mark S. Scott was "obsessed" with money and was paid $50 million by "CryptoQueen" Ruja Ignatova, the fugitive head of the global OneCoin cryptocurrency scam, for helping her launder $400 million, prosecutors told a Manhattan jury Wednesday.
Mark S. Scott leaves Manhattan federal court Wednesday. (Pete Brush | Law360)
The 51-year-old Scott's massive earnings were front-and-center as the Manhattan U.S. attorney's office and the New York County district attorney's office made their pitch for a conviction after a trial before U.S. District Judge Edgardo Ramos that opened on Nov. 5.
"It's staggering," said prosecutor Nicholas Folly,...
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!