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25.10.2024
Updated
25 October 2024

Cyprus revoked the citizenship of a foreign businessman

The Cypriot government has stripped Polish-born Roman Zemian of his citizenship.

According to the interior ministry, the main reason was the man's criminal activity. He is accused of stealing $21 million from his clients through the FutureNet digital currency trading platform. The investigation revealed that Zemyan was a co-founder of the company, which was recognised as a crypto pyramid scheme.

Interestingly, the businessman's last known place of residence was Montenegro, using false documents. During the investigation it was discovered that the man was on an international wanted list. Arrest warrants had been issued for him in South Korea and Poland. In these countries, the man faces between 10 years and life imprisonment. Zeman is currently accused of large-scale economic crimes: money laundering, theft and fraud. Other charges against Roman Zeman include falsifying financial statements, organising a pyramid scheme and obtaining loans using false information.

Кипр лишил гражданства иностранного бизнесмена

We would like to remind you that Zemian, together with his wife and son, obtained Cypriot citizenship through naturalisation by decision of the Council of Ministers in August 2019.

He immediately changed his surname to Hortman. In 2023, the Cypriot police received an international alert from Interpol for Zeman. His actions fall under the jurisdiction of Cyprus and are punishable under local law. Money laundering in Cyprus is punishable by up to 14 years in prison and/or a fine of up to €500,000. For participating in a criminal conspiracy, Zeman faces up to 7 years in prison and/or a fine of up to €50,000. It is worth noting that Interpol's Warsaw Bureau had previously given the Cypriot authorities the right to use the information provided to them for the possible revocation of Zeman's Cypriot citizenship.

Source: philenews.com
Photos: pixabay.com, DOM

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