After I finished writing yesterday’s article, I recalled an incident that had been reported briefly in the media in the UK about a year ago.
A South Wales man has been arrested by the City of London Police in possession of bankers’ drafts worth £30 million in what is believed to be the biggest ever money seizure made by UK law enforcement.
What caught my eye, though, was the reference to Georgia as a transit country.
…in November 2015 $19 million was transferred into the company account and converted into Euros via an intermediary foreign exchange company, with the majority then being sent on to Georgia.
Nobody ever followed up on the story, and the police never made any further announcements that I could find. I tried to dig around a bit on my own, but the information given by the police was too vague to pin anything down for sure. The amount of money made it seem that it would have been one of the bigger banks here that was used. But the date of November 2015 leads me now to believe that it was likely Capital Bank that was used and that the money ended up with the OneCoin team. Though, of course, that is purely speculation.