Missing in action: A file picture showing a man walking past a banner at a recent convention in the United States. The whereabouts of the Cajee brothers cannot be established. — AFP
JOHANNESBURG: The Cajee brothers, who ran a cryptocurrency investment platform from South Africa that the local regulator suspects of being a Ponzi scheme, are confounding both their family and desperate investors alike.
It’s still hard to establish the whereabouts of Ameer and Raees Cajee, the pair that operated Johannesburg-based Africrypt since 2019. They appear to have vanished, along with an estimated US$$3.6bil (RM14.95bil) in bitcoin – an amount that a lawyer for the brothers said was inflated.
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