Kate Winslet is scheduled to star in an upcoming Hollywood film chronicling the rise and fall of OneCoin, a infamous Ethereum-based Ponzi scheme that raked in $4 billion from victims worldwide.
Referred to as “Pretend!,” the film primarily based on the e-book by Jen McAdam with Douglas Thompson, primarily based on the true-life story of Jen McAdam and her involvement with the OneCoin Ponzi scheme. The e-book is presently being shopped round to publishers for this 12 months’s Frankfurt Guide Truthful, as per leisure web site Deadline.
McAdam, a sufferer of OneCoin’s Ponzi scheme, based a assist group for these affected. McAdam and her family and friends invested and misplaced near $300K, the report famous.
Helming the path is Scott Z. Burns, who earlier shot the 2019 political drama The Report, a film about Senate staffer Daniel J. Jones and his investigation into the CIA’s put up 9/11 Detention and Interrogation Program. Burns will write and direct Pretend!.
The film would be the second team-up for Burns and Winslet. In 2011, the previous wrote Contagion, a film on a pandemic that grips Earth, wherein Winslet starred.
For the uninitiated, the notorious OneCoin crypto rip-off was perpetrated by one Bulgarian particular person Ruja Ignatova, together with Sebastian Greenwood. The duo had offshore and registered places of work in Belize and Dubai, with Ignatova wooing her option to rich people internationally and allegedly raked in billions of {dollars} earlier than disappearing.
In line with the official court docket doc, Mark Scott, a accomplice at worldwide regulation agency Locke Lord, was accused of aiding Ruja in laundering greater than $400 million. Scott is presently awaiting trial underneath home arrest after being launched from a federal jail in New York on bond in 2018.
Most of OneCoin’s leaders have now disappeared or been arrested, however Ignatova continues to be at giant. Greenwood was arrested in 2018, as was Ignatova’s brother Konstantin Ignatov in March 2019, who pleaded responsible to costs of cash laundering and fraud on the time.
The film is among the many first crypto-centric leisure types that includes one of many greatest ever Hollywood stars. Comparable different flicks had been “Crypto,” a 2019 film starring Liam Hemsworth revolving round cash laundering through cryptocurrencies.
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