SFO investigates London-based conglomerate for suspected fraud and money laundering

On May 14, 2021, the Serious Fraud Office announced that it launched an investigation into companies within the Gupta Family Group Alliance (GFG), a London-based collection of global businesses and investments related to mining, industry and trading, owned by Sanjeev Gupta and his family.  The SFO reports that it is investigating “suspected fraud, fraudulent trading and money laundering” involving GFG's financing and conduct of business, including its financing arrangement with Greenhill Capital UK Ltd.

SFO Press Release

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