Meet the young South African helping unravel the Africrypt scandal
Hamilton Cheong. Image: Supplied, via Moneyweb
There are several aspects to the Africrypt “hack” reckoned to have lost R43-billion that have caught the attention of law enforcement authorities across the globe.
The first is the size of the reported theft at US$2.9-billion (or about R43-billion). It’s a figure so eye-popping huge that many have questioned whether this volume of money could have come out of South Africa.
The other aspect of the theft that has law enforcement on high alert is whether this was the result of a hack as claimed by Raees and Ameer Cajee, the two brothers behind Africrypt or whether it was an inside job. The Cajees fled South Africa, apparently in fear of their lives after receiving death threats immediately after the alleged hack.
Meet the young South African looking into the Cajee bros Africrypt hack
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Meet the 29-year-old South African unravelling the multi-billion-rand Africrypt theft
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