A consented to preliminary order has pegged Gilbert Armenta’s OneCoin forfeiture at over $50 million {dollars}.
Armenta’s preliminary forfeiture order follows Armenta receiving a 5 yr jail sentence final month.
Via his responsible plea, Armenta (proper) consented to being held answerable for
- $300 million collectively with co-conspirators Ruja Ignatova, Konstantin Ignatov and Karl Sebastian Greenwood;
- $10 million collectively with co-conspirator Mark Scott; and
- $98 million collectively with co-conspirators Christopher Hamilton and Robert McDonald
Filed on March 1st, the order particulars ~$40.8 million in forfeiture plus extra property:
- $40 million Armenta surrendered to the DOJ in August 2018;
- $803,500 Armenta surrendered to the DOJ in December 2018;
- a 4 bed room residence in Fort Lauderdale, Florida with an estimated $3.2 million worth;
- a 5 bed room beachfront property in Fort Lauderdale Florida, with an estimated $6.4 million worth;
- a Hermes Etoupe 35cm Togo Birkin Taupe Gold luxurious bag ($20,000 to $30,000 new);
- a Hermes Pink Alligator luxurious bag (~$80,000 to $120,000 new);
- a Hermes Birkin 35 luxurious purse (~$20,000 new);
- a Cartier necklace;
- a gold coloured bangle;
- a Bulgari necklace;
- a set of JAR Paris rose earrings (~$12,000 to $25,000 used); and
- a gold coloured “hyperlink necklace”
The full quantity ordered in Armenta’s forfeiture is roughly $50.4 million.
Armenta surrendered the luxurious baggage and jewellery to the DOJ in January 2018. Given these are used items of unknown high quality, I haven’t factored them into forfeiture calculations (though they’re very a lot a part of Armenta’s forfeiture settlement).
