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Lamborghinis and exotic holidays: Inside the high flying lives of the R51bn Africrypt brothers

Lamborghinis and exotic holidays: Inside the high flying lives of the R51bn Africrypt brothers Share Durban - Just five months before Ameer Cajee, the 21-year-old chief operating officer of Africrypt wrote to investors to inform them that their crypto-currency firm had been hacked by Ukranians, his holding company bought a Lamborghini Huracan - cash. The vehicle which was second hand cost R4.75m and was bought from a Durban based motor company, Cruzn Motors through a separate company, Cajee Holdings. Not content, the Lamborghini was spruced up with the purchase of a R60 000 exhaust and a R300 000 spoiler. This occurred while Ameer and his 18-year-old brother Raees - who co-owned the company and have since disappeared with over ($3.6bn) R51bn in Bitcoin - still resided at the plush Zimbali Estate, north of Durban.

Glitches bug Income Tax portal, users harried

Chandigarh, July 28 Technical glitches continue to affect the functioning of the new income tax portal, restricting taxpayers and practitioners from carrying out tax-related works. The Income Tax Department had launched the new e-filing portal on June 7. Since then, it continues to face technical issues. Practitioners claim the portal has not been working since its launch in June, the peak time of filing returns. Even as the deadline for filing the I-T returns is September 30, many want to file it well on time to avoid the last minute rush. There are others who want to avail home or other loans for which the latest ITR is mandatory. Also, taxpayers from whom excess TDS was collected usually file their returns early to get refund on time.

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