Another person involved in OneCoin has been arrested, according to court documents filed in the Southern District of New York. Prosecutors say William Morro was involved in a scheme to hide the source of funds connected to OneCoin by lying to banks about the origin of those funds. Morro participated $35 million in funds connected to OneCoin to be transferred to an account in Hong Kong and also transferred about $6 million to an account in the U.S., prosecutors said. Morro was arrested on Tuesday. "In or about 2016, William Morro, the defendant received funds connected to 'OneCoin' into bank accounts that he ... (full story)