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.
May 14, 2021
SFO investigates London-based conglomerate for suspected fraud and money laundering
Related by Topic
New Post
Financial intelligence units from 13 jurisdictions join the Counter Terrorist Financing Taskforce – Israel
November 28, 2023
News Alert
Beneficial Ownership Information reporting starts on January 1st!
November 17, 2023
News Alert
FATF warns financial institutions against terrorist financing
November 17, 2023
News Alert