Judge Edgardo Ramos determined that Mark Scott was not “likely to flee or pose a danger to the safety of any other person or the community if allowed to remain on bail.”
Mark Scott, a lawyer connected to the OneCoin crypto scheme recently convicted for fraud and money laundering, has been granted bail pending an appeal of his case.
In an April 18 filing in United States District Court for the Southern District of New York, Judge Edgardo Ramos approved bail for Scott three months after sentencing the lawyer to prison for 10 years. A portion of the court filing had been redacted regarding Scott’s health issues, which his legal team argued did not make him a flight risk.
“Based on the record before the Court, given Scott’s medical conditions and because he has not been charged with a violent crime, the Court does not find that Scott is likely to flee or pose a danger to the safety of any other person or the community if allowed to remain on bail,” said Judge Ramos.