Con Artists Swindle Thousands in Istanbul for Fake Montenegro Passports

“They were asking people to pay between 7,000 and 12,000 euros for this so-called Montenegrin citizenship,” said Akkan Suver, Montenegro’s honorary consul general to Istanbul, according to Daily Sabah. He explained that the fraudsters had opened a consulting agency office near the official consulate building on the European side of Istanbul, as well as a variety

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Portugal’s Former Interior Minister Acquitted of Golden Visa Influence-Peddling Charges

A Lisbon court on Friday acquitted Miguel Macedo, erstwhile Minister of the Interior for Portugal, of criminal malfeasance in a high-profile case stemming from an investigation in 2014 – Operation Labyrinth – which saw 21 individuals from both the public and private sectors tried in court on charges of corruption and influence-peddling related to the

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20 State-Officials Arrested in Bulgaria in Massive Bribes-for-Passports Scam

While the European Commissioner for Justice focuses on her “concerns” about residence and citizenship by investment, thousands bribe their way to European passports. Bulgarian authorities have arrested more than 20 state officials employed in the Agency for Bulgarians Abroad on charges ranging from corruption to forgery in a large-scale scam that prosecutors allege provided false

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SEC Charges Couple with $10 Million EB-5 Fraud and Cover-Up

The SEC this week charged California-based lawyer Jean Danhong Chen and her husband Tony Jianyun Ye with raising over US$10 million in undisclosed commissions through the sale of EB-5 securities, as well as for attempting to tamper with evidence after they learned they were under investigation. According to an SEC press release, the couple conspired

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Alleged Drug Lords and Billion-Dollar Fraudsters – The CIP-Country Response

Three purported criminals have made headlines for their reported connections to CIP-countries this week. We’ve summarized the stories. Mehul Choksi – Alleged perpetrator of India’s biggest ever bank-fraud India’s Central Bureau of Investigation wants Antigua & Barbuda’s authorities – who have confirmed that the man is a citizen of and currently present in the country –

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Choksi-Case: India to Request Extradition, Choksi Appeals to High Court to Prevent it

Indian officials have received confirmation from Antigua that Mehul Choksi is in the country and will move to request extradition soon. The Antigua & Barbuda CIU, meanwhile, has issued a press release explaining the due diligence conducted on Mr. Choksi, and what they discovered during the process. For background on the Choksi-case, see Due Diligence Blunder?

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Indian Investigators Ask for Choksi’s Whereabouts, Antigua Govt. Will Cooperate “Within the Law”

India’s Central Bureau of Investigation has formally requested that Antiguan authorities account for the whereabouts of Mehul Choksi. Responding to the case, Antigua & Barbuda’s government says it will honor “legitimate requests, within the law” for the man to be returned to India. The Antigua Observer reports that Lionel “Max” Hurst, Chief of Staff with

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Due Diligence Blunder? Indian Billionaire Wanted for $2Bn Fraud Gets Antigua Citizenship

Mehul Choksi, an Indian billionaire diamond-magnate whose passport Indian authorities revoked earlier this year in conjunction with their issuing of an arrest warrant for the man, has obtained a citizenship in Antigua & Barbuda, as confirmed by that country’s Citizenship by Investment Unit (CIU). Choksi – owner of the Gitanjali Group, a jewelry empire with over

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Who Hacked imidaily.com? Attackers Delete Several Posts, Including Passport Rankings Page

Late last night, Investment Migration Insider’s website suffered an attack by hackers who deleted several articles and pages, inserted malicious code into the configuration PHP-file, and locked the editor out of the website’s control panel. The attack caused a service outage that lasted for several hours and also prevented the editor from accessing the website’s

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“I Went F****ing Mad” – Range Sues Writers Over Alleged Fake-Arrest Story

Range Developments, perhaps the biggest CBI-developer in the Caribbean, has filed a lawsuit against two individuals for their alleged part in the propagation of an article claiming the firm’s Vice-Chairman, Mohammed Asaria, had been detained by Chinese police during a visit to the country last month, according to a press release, reprinted in full below.

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Andorra Story Update: UK Firm Apologizes, Removes Fake CIP Following IMI-Article

Several prominent RCBI firms contacted IMI last week, warning that emails promoting three nonexistent CIPs were circulating and had led to many client inquiries. Read the story here: Caution: UK Firm Offering Andorra Passport for €68,000 Delivered in 3 Weeks. Upon further investigation, it appears the originator of the fake Andorra program promotional materials is not

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Caution: UK Firm Offering Andorra Passport for €68,000 Delivered in 3 Weeks

Update, July 3rd, 2018:  After several email exchanges, the firm has informed IMI’s editor that they have removed the “programs” in question from their website and explained that their intention was never to propagate inaccurate information but that they were merely taken in by the same email campaign as other service providers, and unwisely passed

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Range Developments, Attacked Again in Anonymously Written Articles, Denies Allegations

Range Developments has once more suffered attacks in the form of anonymously written articles. Press release via Range Developments: JUNE 16 An article published today on Citizenshipinsider.com, a website, called ‘The real truth behind the questioning in China of Mohammed Asaria, the chairman of Range Developments’ is riddled with false allegations and inaccuracies. The website,

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Fake Arrest Article “Was Sponsored” Says Publisher in Apology to Range Developments

News Americas has issued an apology to Range Developments and Mohammed Asaria for publishing a story on Monday in which it wrote that Mr. Asaria had been arrested and detained in China, and have also admitted that the article was “a sponsored one from an advertiser”. When the story first surfaced on June 4th, Range

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