OneCoin cash launderer William Morro has been sentenced to 1 12 months probation.
Morro’s sentence was handed down on October 18th, following a responsible plea entered in April 2024.
Along with probation, Morro (proper) was additionally fined $2000.
As per his indictment, Morro laundered round $41.2 million for OneCoin in 2016.
Morro knowingly execute[d] … a scheme … to defraud a monetary establishment … and to acquire moneys, funds, credit, belongings, securities and different property … via false and fraudulent pretenses, representations and guarantees.
Morro labored with Gilbert Armenta and Mark Scott.
Armenta was sentenced to 5 years in jail in February 2023. Scott obtained a ten 12 months jail sentence in January 2024.