SAINT KITTS ISSUES ORDER BLACKLISTING RIF TRUST AND LATITUDE FOR ILLEGAL CBI TRANSACTIONS

                                                (Taken from today's SKN Government press Release)

"After careful consideration, exercising powers under Sections 8 and 10 of the Citizenship Act to issue deprivation orders in March 2025, the Ministry issued the Saint Christopher and Nevis Citizenship (Deprivation of Citizenship) Order, 2025 on the basis of false representation and willful concealment of material facts, and in the interest of the public good.

In tandem with these efforts, the CIU has permanently blacklisted 2 International Marketing Agents – Latitude Consultancy and RIF Trust – for their role in marketing the CBI Programme at investment amounts below the statutory minimum and misleading clients, clear violations of the laws governing the programme. Clients of both companies confirmed receiving false assurances of ‘special discounts’. Both entities are now prohibited from all CBI-related activities and cannot present themselves as agents or affiliates of the Programme"