A former partner at Locke Lord LLP known for his participation in the OneCoin cryptocurrency scam is currently drawing attention from federal prosecutors for being a potential flight risk. Having been convicted of money laundering related to the OneCoin scam, prosecutors argue that this individual may have every reason to flee the country. Given his appeal is yet to be finalized, they’ve made an active effort to convince a New York federal judge that he should not be permitted to be out on bail during this period of time. The complexity of this case underlines the volatile position many find themselves in when involved in serious fraud cases. More about the situation can be found here.
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