BASSETERRE, St. Kitts - ONCE again the twin-island Federation’s passport has come under the microscope for all the wrong reasons.
This time, according to the Associated Press (AP), the holder of a St. Kitts and Nevis passport is a foreign national and businessman named Peter Croker Jr., who was arrested in Thailand on alleged fraud charges.
A recent report published by AP indicated that Coker Jr, who was wanted by authorities in the United States in connection with fraud charges, had travelled on a St. Kitts and Nevis' passports to Thailand on several occasions prior to his arrest.
The media house also stated that he would be extradited to the United States to face charges in connection with a US$100M deli stock manipulation and fraud case.
SKNVibes, had sought to confirm whether the man is an economic citizen or not, but all efforts were futile. However, while speaking on Freedom Radio yesterday (Jan. 25), Prime Minister and Minister of National Security, Dr. Terrance Drew disclosed that the passport was deactivated after reports surfaced that Croker Jr. was on Interpol's Wanted List.
“We got the information from Interpol, even before. I want to thank the PS who [acted] quickly. When these things come through, you can never tell. We quickly got in touch with Interpol and we deactivated the passport. So we have a keen eye on what is happening to our passport,” Dr. Drew revealed.
The businessman, along with two others, is accused of manipulation of stock in New Jersey, United States, with the authorities alleging that he was part of the stock manipulation amongst themselves to drive the prices of stocks in order to raise their value.
AP further stated the trio is accused of trading shares of Hometown International and E-Waste Corp among a small group of investors in order to ensure the price raises.
The media house noted that the alleged activities came to light in 2021 when a deli in New Jersey was valued to be worth US$100M, and a hedge fund manager warned about investing in the company.