Roman Kazimierz Ziemian, co-founder of the FutureNet Ponzi scheme, has been arrested for a second time.
Authorities in Montenegro introduced Ziemian’s arrest on August 18th.
NCB Interpol Podgorica officers arrested Zimian on August 17 within the Grasp Quarter, a newly constructed residential block in Podgorica, the place he was hiding below a false identification.
After his identification was confirmed with overseas companions, searches had been carried out on the location the place the arrested particular person was staying.
Ziemian (proper) was needed on worldwide arrest warrants issued by South Korea and Poland.
It’s unclear which nation Montenegro will extradite Ziemian to. Native media is drawing comparisons between Ziemian and Terra’s Do Kwon.
In Podgorica, in March 2023, Do Kwon, who can also be suspected of worldwide crypto fraud, was arrested on the Podgorica airport.
He’s needed by the US and South Korea.
The extradition process lasts greater than a yr. Courts in Montenegro have up to now dominated seven instances conflictingly on the requests of two states for extradition.
The backstory behind Zieman’s arrest pertains to his co-founding of FutureNet, a collapsed MLM crypto Ponzi scheme.
Ziemian is assumed to have fled again to Dubai, after which it seems he relocated to Montenegro on false identification papers.
[Ziemian] is suspected of felony acts of financial crime, specifically, a severe sample of fraud on a bigger scale, cash laundering, theft and violation of the legislation, for which the sentence of life imprisonment is prescribed in South Korea.
By means of FutureNet, South Korean authorities have accused Ziemian and Morgenstern of stealing over 160 billion South Korean gained (~$117 million USD).
At a listening to held after Ziemian’s arrest, legal professionals argued Ziemian couldn’t have defrauded South Koreans as a result of he’s “by no means been to South Korea”.
Ziemian’s legal professionals don’t seem to have addressed why Ziemian was in Montenegro on false identification papers.
Whereas residing illegally in Montenegro, Ziemian abused US copyright legislation to suppress BehindMLM’s reporting on his fraudulent conduct.
Following a Excessive Courtroom listening to, Ziemian has been remanded to custody pending the result of extradition proceedings. Ziemian has appealed the choice.
Hopefully this time Ziemian’s arrest sticks and Montenegro takes what occurred in Italy into consideration.