Thread by @innercitypress

OK - #OneCoin trial continuing today, with Locke Lord law firm deputy COO still on witness stand. Last night Inner City Press published Ruja audio soundcloud.com/innercitypress… and Konstantin's plea deal scribd.com/document/43474… patreon.com/posts/31517703 Below, thread

@MatthewLeeICP @sdnylive @Svrakata @JamieJBartlett @widell_ari @FinanceWatchOrg And we're off. Jury's on time, AUSA Dimase resumes with a new exhibit about Sabadell (now IBERIABANK) moving $5 million, e-mails involving Mark Scott.
AUSA: Yesterday you were discussing a transfer into the firm's escrow accounts.
Locke Lord deputy COO: Yes

@MatthewLeeICP @sdnylive @Svrakata @JamieJBartlett @widell_ari @FinanceWatchOrg AUSA Dimase: What's this?
A: Our trust account statement with Northern Trust.
AUSA: And this email, Mark Scott and Gilbert Armenta, 'It may be best to communicate on this line about banks.'
[Armenta - Ruja audio: soundcloud.com/innercitypress…

@MatthewLeeICP @sdnylive @Svrakata @JamieJBartlett @widell_ari @FinanceWatchOrg Long story short: the money came in from Zala Group to Locke Lord's operating account, was transferred to the escrow account then went back out.

AUSA Dimase: Were the funds to be sent to Regions Bank where they'd come from or to the UAE?
A: Bank in the Emirates.

@MatthewLeeICP @sdnylive @Svrakata @JamieJBartlett @widell_ari @FinanceWatchOrg AUSA: They asked Mark Scott [through Adriana Salsedo, spelling unclear until we get the exhibit] what line of business Zala Group was in, & purpose of transaction. What did Mr. Scott reply?
A: "Have them contact me, I would like to know what the issue is here."

@MatthewLeeICP @sdnylive @Svrakata @JamieJBartlett @widell_ari @FinanceWatchOrg Now AUSA Dimase is asking witness about the Ruja email Inner City Press published last night incl to Robert Courtneidge: "I have some cash with me. About 220K GBP. Can you store it for me in London?" Now it's said Mark Scott told Ruja to call him about this money.

@MatthewLeeICP @sdnylive @Svrakata @JamieJBartlett @widell_ari @FinanceWatchOrg Locke Lord Deputy COO reads out a Mark Scott email that it was Robert Courtneidge who advised Ruja, claiming that he (Mark Scott) deals exclusively with Ruja's "family office."

How will Scott's lawyer Arlo Devlin-Brown cross examine? Say "you don't know him"?

@MatthewLeeICP @sdnylive @Svrakata @JamieJBartlett @widell_ari @FinanceWatchOrg AUSA Dimase: Was International Marketing Strategies Limited a Locke Lord client?
A: Yes. We did two real estate purchases for them, including the penthouse, and one lease.
AUSA: Who was the partner in charge?
A: Mark Scott.

@MatthewLeeICP @sdnylive @Svrakata @JamieJBartlett @widell_ari @FinanceWatchOrg AUSA Dimase: So there was an email from Sebastian K. Greenwood ...
Judge Ramos: It's 11 am, let's take our break.
Thread will continue. For now, this photo

@MatthewLeeICP @sdnylive @Svrakata @JamieJBartlett @widell_ari @FinanceWatchOrg AUSA Dimase: So here's an email from Ruja Ignatova at #OneCoin to Mark Scott, saying I just sent the money, it will come from Singapore, what do we do next?
What, indeed.

@MatthewLeeICP @sdnylive @Svrakata @JamieJBartlett @widell_ari @FinanceWatchOrg Now cross examination by Scott's lawyer Arlo Devlin-Brown.
Q: So the emails that didn't involve Locke Lord, you didn't necessarily know what was going on in them, did you?
A: Correct.
Q: You don't know if Ruja actually parked the money, right?
A: I don't

@MatthewLeeICP @sdnylive @Svrakata @JamieJBartlett @widell_ari @FinanceWatchOrg Arlo Devlin-Brown: So they were communicating about the Zimbabwe Bank
A: Yes...
Arlo: As deputy COO, part of the job is to gather information on behalf of the firm, and you have access to emails, right?
A: Right.
Arlo: I've put a binder in front of you...

@MatthewLeeICP @sdnylive @Svrakata @JamieJBartlett @widell_ari @FinanceWatchOrg Arlo: So are all those records Locke Lord documents?
A: I'm not sure.
Arlo: Maybe you can look at them, on break.
[Inner City Press would like to see and publish them...]

@MatthewLeeICP @sdnylive @Svrakata @JamieJBartlett @widell_ari @FinanceWatchOrg After or amid repeated sidebar arguments, now Scott's lawyer Arlo Devlin-Brown continues cross examination of Locke Lord deputy COO.
Q: You testified that the UK has additional anti money laundering provisions.
AUSA: Objection
Judge Ramos: Overruled.

@MatthewLeeICP @sdnylive @Svrakata @JamieJBartlett @widell_ari @FinanceWatchOrg Mark Scott's lawyer is still pointing out what the Locke Lord deputy COO doesn't know when Judge Ramos declares a break. Thread will continue.

@MatthewLeeICP @sdnylive @Svrakata @JamieJBartlett @widell_ari @FinanceWatchOrg Now Scott's lawyer Arlo Devlin-Brown asks Locke Lock's deputy COO about Robert Courtneidge and another lawyer listed there, Charlie Clarence Smith. The witness says he doesn't know Smith, but calls Courtneidge a "payments expert" - or says, "he purports to be."

@MatthewLeeICP @sdnylive @Svrakata @JamieJBartlett @widell_ari @FinanceWatchOrg Arlo: Is it apparent that Robert Courtneidge worked for Ruja Ignatova at one point?
A: The invoice is addressed to her.
Arlo: Then we don't need to introduce the document.
[Gets around prosecutors' objection which was never ruled on.]

@MatthewLeeICP @sdnylive @Svrakata @JamieJBartlett @widell_ari @FinanceWatchOrg With jury out of room, Arlo Devlin-Scott is arguing for admissibility of a Robert Courtneidge email to Mark Scott talking about a meeting with Ruja Ignatova by Courtneidge; he says it's not offered for the truth of the matter asserted but for Scott's state of mind

@MatthewLeeICP @sdnylive @Svrakata @JamieJBartlett @widell_ari @FinanceWatchOrg Very quickly after the skirmish about Courtneidge's email to Scott, Arlo Devlin-Brown says, No further questions.

Now AUSA Dimase re-direct examination. He pronounces Courtneidge like "Corniche."

@MatthewLeeICP @sdnylive @Svrakata @JamieJBartlett @widell_ari @FinanceWatchOrg AUSA Dimase: So Mark Scott did not tell Locke Lord that he was doing outside work for Ruja and OneCoin.
A: He did not. He did not submit the request.
AUSA: So the Executive Committee couldn't look into and decide on the propriety.
A: They could not.

@MatthewLeeICP @sdnylive @Svrakata @JamieJBartlett @widell_ari @FinanceWatchOrg At 2:30 or a bit after, Judge Ramos let jurors go.
When they left he asked the prosecution who it's next witness is (Nicolas Kroll, a summary witness) - they add they may close on Friday. Today's stories: innercitypress.com/sdny26onecoini… & patreon.com/posts/31542587