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Bitcoin trader brothers who vanished with £2 5bn stolen crypto buy citizenship on remote tropical island
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Mystery as Bitcoin trader brothers who vanished with £2 5bn stolen crypto buy citizenship on remote tropical island
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Bitcoin traders accused of stealing $3 6billion bought citizenship of Vanuatu months earlier
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Africrypt Bitcoin brothers, Raees and Ameer Cajee, take up Vanuatu citizenship
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Last modified on Wed 14 Jul 2021 19.08 EDT
A former Comanchero bikie and a missing property magnate owing hundreds of millions of dollars after his businesses collapsed are among Australians granted citizenship through Vanuatu’s controversial citizenship-by-investment scheme.
Marco Francis Coffen and Zhou Xiang Huang, both from Australia, appear on a list of people who purchased citizenship from Vanuatu for US$130,000 last year.
A Vanuatu passport allows visa-free travel through 130 countries, including the EU and UK, and Vanuatu also operates as a tax haven, with no income, corporate or wealth tax. The application process typically takes just over a month and can be conducted without ever setting foot in the country.