The court of appeals in Nancy is expected to decide on Frank Schneider’s extradition and release on parole on 18 November. Photo: Google street view screenshot

The court of appeals in Nancy is expected to decide on Frank Schneider’s extradition and release on parole on 18 November. Photo: Google street view screenshot

The court of appeals in Nancy has again postponed its decision on whether to extradite businessperson and former Luxembourg intelligence service (SREL) agent Frank Schneider. The US wants to try him for fraud and money laundering, for which he faces 40 years in prison.

If extradited to the USA, Schneider will face trial for his alleged involvement in the OneCoin cryptocurrency fraud scheme. 

Schneider was arrested last April in Audun-le-Tiche and was due to be sentenced in July. The Nancy court of appeals then requested additional information on the case, postponing its decision until Thursday 23 September. The date has now been postponed again, reports Est Républicain. The reason: a many-paged brief opposing Schneider’s extradition that his lawyer filed the day before. Judges will take time to examine the brief before the next hearing, scheduled for 18 November.

The former Luxembourg secret agent, who in the SREL (Luxembourg State Intelligence Service) wiretapping case, has asked to be released with an electronic bracelet. He should also be given a decision on this request in November.

This article in Paperjam. It has been translated and edited for Delano.