Daily news, documents and intelligence about Offshore Financial Centers and those who conduct business in them that you will not find anywhere else.

Christine Grablis et al v. OneCoin Ltd. et al: Second Amended Class Action Complaint

Second Amended Class Action Complaint alleging the defendants perpetrated "a massive fraud perpetrated on millions of individual investors throughout the world causing injuries in excess of $4 billion through a densely-packed multi-level marketing system" in Donald Berdeaux and Christine Grablis v. OneCoin Ltd., of Dubai; Ruja Ignatova, of Bulgaria; Sebastian Greenwood, "currently being held in federal custody in New York pending trial"; Mark Scott, "believed to have been domiciled in Coral Gables, Florida" who allegedly laundered fraud proceeds through accounts "in the Cayman Islands and the Republic of Ireland, among other locations"; David Pike, "believed to be domiciled in Coral Gables, Florida"; Nicole J. Huesmann, "believed to be domiciled in Coral Gables, Florida"; Gilbert Armenta, "believed to be domiciled in Lauderdale-by-the-Sea, Florida", and The Bank of New York Mellon Corporation, of New York, at U. S. District Court for the Southern District of New York.

File Size: 3.3 MB





Banks & Trusts;Cryptocurrencies;Litigation;Securities & Investment



OneCoin Ltd.;Ruja Ignatova;Sebastian Greenwood;Mark Scott;David Pike;Nicole Huesmann;Gilbert Armenta;The Bank of New York Mellon Corporation


Court Name - US Federal:

New York - Southern District Court





Donald Berdeaux;Christine Grablis



September 25, 2020


Case Number:

Xx Xx Xx

For security purposes please verify your download.

Please Wait... 0%

Unlimited Access to the Largest Offshore Database

For Less Than $3 per Day


per Month


Subscribe to OffshoreAlert

Investigative Financial Documents

Many of the documents in our database cannot be found online anywhere else. Others can but not in one place. Our 24/7 monitoring of courts, regulators, and other sources saves you time and money.

Our documents include:

  • Writs filed in Bahamas, Bermuda, BVI & Cayman Islands
  • Chapter 15 Foreign Insolvency Petitions filed in the USA
  • MLATs about criminal investigations in dozens of countries
  • Foreign Discovery Applications filed in the USA
  • Global Regulatory Warnings & Actions



OffshoreAlert encourages lively, open debate and asks that you refrain from profanity, hate speech, personal comments and remarks that are off point. Thank you for taking the time to offer your thoughts.


We hunt for red flags in high-value, cross-border finance by monitoring offshore and onshore courts, regulatory actions, offering documents, and other sources - and email you the results.

View Recent Digests

Cayman Court Secrecy: A Huge Red Flag for Foreign Investors & Clients
David Marchant
As any fule kno, the biggest enemy of fraud, corruption, money laundering, and other forms of financial crime is transparency, while their best friend is secrecy. That's why the unprecedented mass sealing of cases that's taking place at the Financial Services Division of the Grand Court of the Cayman Islands is repugnant to anyone with a genuine concern for financial crime.