"Bitcoin brothers Raees and Ameer Cajee have ruined people’s lives" - private investigator Sean Peirce
Ameer and Raees Cajee (and their company, Africrypt) started making headlines earlier this year when the pair sent out a notice to investors informing them of a security breach. According to a company announcement, the investing platform had allegedly been hacked - with all of the funds stolen. Since then, the story has taken many turns. Silent for weeks, Raees Cajee finally spoke up, saying that he and his family were forced to flee the country, "with our immediate family, including my disabled father — after receiving numerous death threats." It was also reported that the brothers had bought citizenship in Vanuatu, a small island nation which gives its citizens visa-free access to over 130 countries, including the UK. Joining BizNews is private investigator Sean Peirce, who was tasked by Africrypt clients to investigate the alleged hack. Peirce explains the process into investigating the cryptocurrency scandal that has rocked South Africa.