GOVERNMENT OF GRENADA ADMITS ITS DUBAI AGENTS ARE ILLEGALLY SELLING DISCOUNTED PASSPORTS BUT FAILS TO NAME AND SHAME THEM; WE IDENTIFY HANGSHENG AND TISORO GLOBAL AS THE BAD ACTORS

PM DICKON MITCHELL of Grenada with China's  XI JINPING

Grenada's INVESTMENT MIGRATION AGENCY (IMA), in a public Circular filed on March 5, 2025, and entitled ILLEGAL DISCOUNTING AND OWNER FINANCING ACTIVITIES RELATED TO GRENADA'S CITIZENSHIP BY INVESTMENT PROGRAMME, has admitted that a marketing agent is directing its staff and sub-agents to sell Grenada citizenships at discounts that are illegal under the Grenadian law authorizing economic citizenship, and violated the Memorandum of Agreement on minimum pricing signed by Grenada and the other four East Caribbean states that sell CBI/CIP.

Grenada knows full well who that marketing agency is, but curiously fails to identify it by name in the Circular, leaving consumers, and the global financial community, completely in the dark about its identity. Our sources have named the Chinese-owned and Dubai-based HENGSHENG GROUP (HS) as the entity engaged in these illegal passport sales, both in its own name and in the alternate identity it is currently using to conceal itself from the public, TISORO GLOBAL, which we have previously named here:

SCANDAL-RIDDEN CHINESE CBI CONSULTANCY HENG SHENG RELOCATES TO DUBAI, FORMS VIRTUAL COMPANY UNDER ANOTHER NAME TO DECEIVE PURCHASERS AND REGULATORS https://lnkd.in/eJH5myfF

Government officials at the ministerial level are painfully aware that HENGSHENG GROUP is the entity engaged in the illegal and unauthorized deeply discounted sales, and is participating in the biggest fraud in the country's history, as HS orchestrated the recent meeting between the leader of the Peoples' Republic of China, and DICKON MITCHELL, the Prime Minister of Grenada; The Circular is therefore completely hypocritical on the part of the IMA. All those unwitting purchasers of discounted passports face the total loss of their investment, being publicly stigmatized as cheats and even criminals under Grenadian law when their names are published, and the revocation of their passports, making them useless for international travel.

PM MITCHELL and HS Vice President GALLI KHURELEE

News of Grenada's sordid CBI scandal is exploding in the international media, much as has previously occurred in Saint Kitts & Nevis, and in Saint Lucia, and as investors in Grenada become aware of their exposure to the fraud, you will be hearing much more on the subject in the near future.