Exposing the Dark Web: The Rise and Fall of Mark Chikarowski, the “King of Coke”
The International Consortium of Investigative Journalists (ICIJ), known for its groundbreaking Pandora Papers revelations, has published a report exposing the activities of Mark Chikarowski—an Australian who operated under the pseudonym “AusCokeKing” on the Dark Web. Dubbed the self-proclaimed “King of Coke,” Chikarowski sold drugs online and accepted payments in cryptocurrencies. The investigation reveals that Chikarowski, who hails from Sydney and is the son of former New South Wales Liberal Party leader Kerry Chikarowski, held a bank account in Cyprus. Sydney is the capital of the Australian state of New South Wales. The case has garnered significant attention in the Australian media.
Police found drugs, luxury cars and cash during searches at Mark Tsikarowski’s properties. (Image: NSW Police)
Cypriot Connection to Shell Companies
The ICIJ report also highlights Chikarowski’s association with a shell company called Aquay Holdings Ltd. According to SFM documents, Chikarowski was listed as the contact for the company. SFM Corporate Services, a global firm known for facilitating the rapid setup of offshore companies, provided management services, nominee directors, and shareholders for Aquay Holdings in the UAE. The firm, which featured prominently in the Pandora Papers investigation, charged Chikarowski for these services over several years.
Documents show that Chikarowski consolidated Aquay’s presence in the UAE and Seychelles with the assistance of SFM’s nominee director and shareholder services. SFM also billed Chikarowski for registering a representative in Ras Al-Khaimah, one of the emirates in the UAE, known for financial secrecy, shell companies, and opaque free zones.
The investigation further reveals that SFM invoiced Chikarowski for setting up a second bank account for Aquay Holdings in Cyprus. The ICIJ report concludes that Chikarowski leveraged these offshore structures to facilitate his illicit drug trade operations.
This article was translated from its Greek original
Exposing the Dark Web: The Rise and Fall of Mark Chikarowski, the “King of Coke”
The International Consortium of Investigative Journalists (ICIJ), known for its groundbreaking Pandora Papers revelations, has published a report exposing the activities of Mark Chikarowski—an Australian who operated under the pseudonym “AusCokeKing” on the Dark Web. Dubbed the self-proclaimed “King of Coke,” Chikarowski sold drugs online and accepted payments in cryptocurrencies. The investigation reveals that Chikarowski, who hails from Sydney and is the son of former New South Wales Liberal Party leader Kerry Chikarowski, held a bank account in Cyprus. Sydney is the capital of the Australian state of New South Wales. The case has garnered significant attention in the Australian media.Police found drugs, luxury cars and cash during searches at Mark Tsikarowski’s properties. (Image: NSW Police)
Cypriot Connection to Shell Companies
The ICIJ report also highlights Chikarowski’s association with a shell company called Aquay Holdings Ltd. According to SFM documents, Chikarowski was listed as the contact for the company. SFM Corporate Services, a global firm known for facilitating the rapid setup of offshore companies, provided management services, nominee directors, and shareholders for Aquay Holdings in the UAE. The firm, which featured prominently in the Pandora Papers investigation, charged Chikarowski for these services over several years.
Documents show that Chikarowski consolidated Aquay’s presence in the UAE and Seychelles with the assistance of SFM’s nominee director and shareholder services. SFM also billed Chikarowski for registering a representative in Ras Al-Khaimah, one of the emirates in the UAE, known for financial secrecy, shell companies, and opaque free zones.
The investigation further reveals that SFM invoiced Chikarowski for setting up a second bank account for Aquay Holdings in Cyprus. The ICIJ report concludes that Chikarowski leveraged these offshore structures to facilitate his illicit drug trade operations.
This article was translated from its Greek original
Australian Drug Kingpin Exposed in ICIJ Report
In a shocking revelation, the International Consortium of Investigative Journalists (ICIJ) has unveiled the illicit activities of Mark Chikarowski, an Australian drug dealer operating under the alias "AusCokeKing" on the Dark Web. Dubbed the "King of Coke," Chikarowski allegedly sold narcotics online, accepting payments exclusively in cryptocurrencies. The investigation has sent ripples through the Australian media, particularly as Chikarowski is the son of former New South Wales Liberal Party leader Kerry Chikarowski.
The ICIJ report details how Chikarowski, based in Sydney, maintained a bank account in Cyprus, raising questions about the extent of his financial operations. During police raids on his properties, authorities discovered a trove of evidence, including drugs, luxury cars, and substantial cash reserves, underscoring the scale of his criminal enterprise.
A significant aspect of the investigation is Chikarowski’s connection to a shell company named Aquay Holdings Ltd. Documents reveal that he was listed as the contact for the company, which was facilitated by SFM Corporate Services—a firm notorious for establishing offshore companies. SFM provided Chikarowski with management services and nominee directors, allowing him to consolidate Aquay’s presence in the UAE and Seychelles, regions known for their financial secrecy.
The report further discloses that SFM invoiced Chikarowski for setting up a second bank account for Aquay Holdings in Cyprus, suggesting that these offshore structures were instrumental in facilitating his drug trade operations. The ICIJ’s findings highlight the intersection of organized crime and global finance, raising urgent questions about regulatory oversight in the realm of cryptocurrency and offshore banking.
As the investigation unfolds, the implications for Chikarowski and the broader drug trade remain to be seen, but one thing is clear: the "King of Coke" has been unmasked.