Thread by @innercitypress

OK - #OneCoin trial Week 3, Day 2 is on, with information going in about how Mark Scott took scheme money to buy 130 Sunset Lane in Barnstable, MA with City National Bank of Florida. Defense case today innercitypress.com/sdny36onecoini… & patreon.com/posts/31653463 Thread

@MatthewLeeICP @sdnylive @FinanceWatchOrg @Svrakata @widell_ari @JamieJBartlett @ezCoinAccess Witness Rosalind October of Manhattan DA's Office dissected the payments of victim Linda Cohen through HSBC to TD Bank to United Overseas Bank to DMS Cayman. Mark Scott sitting impassive looking at the chart, two half finished bottles of soda beside him

@MatthewLeeICP @sdnylive @FinanceWatchOrg @Svrakata @widell_ari @JamieJBartlett @ezCoinAccess Now Ms October of Manhattan DA's Office is explaining how Mark Scott, using scheme funds in Northern Trust, bought himself a $35,000 watch. Jurors look interested.

@MatthewLeeICP @sdnylive @FinanceWatchOrg @Svrakata @widell_ari @JamieJBartlett @ezCoinAccess Scott's lawyer Garvin is up to cross-examine Manhattan DA Office's Rosalind October. How will he address who paid for Scott's $2.8M Cape Cod house? Or 1-night NY Plaza stay for $2,700 & $5,000 in a NY steak house? Limo services for $5,000? Asking for a friend : )

@MatthewLeeICP @sdnylive @FinanceWatchOrg @Svrakata @widell_ari @JamieJBartlett @ezCoinAccess Now in #OneCoin trial, defendant Mark Scott *wants* to show his tax return (unlike a certain orange gentleman, one #SDNY wag says). But AUSA Dimase is objecting to the introduction of Scott's 1040 tax return. Paying taxes on crime doesn't make it legal...

@MatthewLeeICP @sdnylive @FinanceWatchOrg @Svrakata @widell_ari @JamieJBartlett @ezCoinAccess Scott's lawyer: There's nothing wrong with buying a lot of watches as long as you abide by the law, right?
A: Right.
Garvin: Not unusual for a fund manager of $400 million to earn a lot of money, right?
A: Earning is subjective.
Judge Ramos: Let's take a break.

@MatthewLeeICP @sdnylive @FinanceWatchOrg @Svrakata @widell_ari @JamieJBartlett @ezCoinAccess Now Mark Scott's lawyer Garvin is pointing out to Manhattan DA Office's Rosalind October that all of Scott's cars were German, except for the Ferrari. Also asking what she knows about his watch collection pre-2016, or pre #OneCoin.

@MatthewLeeICP @sdnylive @FinanceWatchOrg @Svrakata @widell_ari @JamieJBartlett @ezCoinAccess US' next witness is IRS Special Agent Kristine Fata. She says she participated in search of Mark Scott's home and in his arrest. So now Scott's post-arrest statement is be coming in...

[It's a post-arrest statement that sunk defendant Tony H. in Honduras trial]

@MatthewLeeICP @sdnylive @FinanceWatchOrg @Svrakata @widell_ari @JamieJBartlett @ezCoinAccess Mark Scott in post-arrest statement:
Q: How many times did you meet Ruja Ignatova?
A: About 8. In Sophia, London, and in Frankfurt. That's where I actually thought she lives. She speaks German.

[Inner City Press: So is she there now?]

@MatthewLeeICP @sdnylive @FinanceWatchOrg @Svrakata @widell_ari @JamieJBartlett @ezCoinAccess Mark Scott in post-arrest statement:
Q: Why do you delete all your messages?
A: I don't go back, I'm not one of those people who goes back and says, you said this two years ago.
Q: But these were important transactions.

Judge Ramos: Let's take a break.

@MatthewLeeICP @sdnylive @FinanceWatchOrg @Svrakata @widell_ari @JamieJBartlett @ezCoinAccess Now Scott's lawyer Garvin is cross examining IRS Special Agent Fata.
Q: Did you ask Mark Scott how long it had been since he had slept?
A: Not one of our questions.

[Scott's lawyers said they have two witnesses out in the hall. But will they finish by 2:30 pm?]

@MatthewLeeICP @sdnylive @FinanceWatchOrg @Svrakata @widell_ari @JamieJBartlett @ezCoinAccess The government has rested its case. Now Scott's lawyer Arlo Devlin-Brown says beyond his two character witness he has more. Judge Ramos: can you finish it before 2:30? Because tomorrow is summations.

@MatthewLeeICP @sdnylive @FinanceWatchOrg @Svrakata @widell_ari @JamieJBartlett @ezCoinAccess Second of Mark Scott's three character witnesses is Warren Zaffuto, Florida lawyer. One of his cases that ones up involves TD Bank, involved in Scott's #OneCoin movements: 2013
Flores v. TD Bank, N.A., Florida Southern
Civil Rights: Americans with Disabilities

@MatthewLeeICP @sdnylive @FinanceWatchOrg @Svrakata @widell_ari @JamieJBartlett @ezCoinAccess Now after a whispered sidebar, Scott's lawyer Arlo Devlin-Brown is asked FBI agent to confirm his understanding that when Gilbert Armenta, already a cooperator, reached out to Mark Scott by voicemail and text message, Scott did not respond. It is confirmed.