Neil Bush Was Paid $300,000 By One Coin’s Founder Ruja Ignatova

Neil Bush, the son of the ex-US president George H.
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W. Bush, received up to $300,000 by Ruja Ignatova for attending a meeting that was related to her fraudulent cryptocurrency known as OneCoin according to the latest information that we have in our altcoin news today.

Mark Scott, the former attorney at the international firm Locke Lord, is also facing trial in a US court law for allegedly conspiring with the founder of OneCoin, dubbed as the crypto queen and her brother Konstantin Ignatov to launder illicit money from the popular Ponzi scheme OneCoin. Ignatova is indicted on money laundering charges and has disappeared since while her brother was detained by authorities at the Los Angeles airport.

Scott still doesn’t accept the charges against him and claims that he thought everything was perfectly legal. His attorney Arlo Devlin Brown explained to the US District Judge Edgardo Ramos that Neil Bush who is the son of late president George H.W. Bush, met with Ignatova and this is one of the reasons that Scott felt comfortable with the entire ordeal:

 “This isn’t just: ‘We saw the name Bush on a transaction and cut a subpoena.’’

The investor Neil Bush was contacted by the FBI agents investigating the scheme since he is the board member at Hoifu Energy which is a company owned by the Chinese businessman Dr. Hui Chi Ming and the company was involved in a $60 million loan deal that was financed in cash and by OneCoin, strangely enough. If Bush testifies about his role would only prove that the deal was not eh scam that the government claims to be.

Garvin read about the FBI interview with Neil Bush and spoke about the meeting that took place in Hong Kong which is where the Hoify Energy is located. The investor was about to profit from the oil deal and as per the FBI report we can see that:

‘’Bush recalled that the head of Hoifu Energy, Dr. Hui Chi Ming, received a bunch of cryptocurrency for an oil deal in Madagascar. Bush had a residual interest in the cryptocurrency from the oil deal. Bush met the woman from the cryptocurrency company, Ruja Ignatova, in Hong Kong with Dr. Hui.’’