MORE CBI CONSULTANCIES SELLING ILLEGALLY DISCOUNTED GRENADA PASSPORTS FOR HENGSHENG GROUP IDENTIFIED

Following up on our recent article, GOVERNMENT OF GRENADA ADMITS ITS DUBAI AGENTS ARE ILLEGALLY SELLING DISCOUNTED PASSPORTS, https://lnkd.in/eiVv6QwJ there are additional Asia-based sub-agents of HENGSHENG GROUP that have been reportedly identified as having sold Grenada citizenships for illegal discounts as high as 60%, which violate the country's laws and regulations regarding minimum pricing. The information was obtained from our sources, including but not limited to bank records ordered released in connection with a court proceeding. It is by no means a complete list; as our investigation continues, we intend to release the identities of other CBI consultancies that are also engaged in these illegal practises:

1. SAVORY AND PARTNERS (Dubai)

2. GLOBE VISA GROUP (Singapore)

3.NTL TRUST (Dubai & Saint Lucia)

4. REACH IMMIGRATION (Amman)

5. HURIYA PRIVATE FZE LEE (Dubai)[closed]

Investors who purchased Citizenship By Investment (CBI) issued by Grenada, or for that matter any other East Caribbean state, are urged to consult with competent legal counsel at their earliest opportunity,and to be prepared to present their sales contracts, invoices, proof of payment, and all relevant communications sent or received so that their lawyer can properly advise them on their legal rights, obligations and potential remedies.

We note that some CBI consultancies are now warning potential clients, regarding the dangers of purchasing any economic citizenship at what appears to be a discounted rate.Prudent investors may wish to have an investigation completed by a company experienced in due diligence, in advance, for any potential economic citizenship purchase, given the disclosure that the illegal sales practice has been seen throughout the five East Caribbean states that offer Citizenship by Investment, or refraining from any purchase at this time, due to the current level of risk of total loss of one's entire investment through revocation by government administrative actiion.