SFO makes arrest in £150m 'guaranteed returns' probe involving investors from 50 countries

clock • 2 min read
SFO makes arrest in £150m 'guaranteed returns' probe involving investors from 50 countries

The Serious Fraud Office (SFO) carried out co-ordinated raids across the UK on 29 September following a six-month covert investigation into the Alpha and Green Park businesses over suspected fraud and money laundering involving over 1,500 investors from around 50 different countries who invested an estimated £150m. Working with the UK's Cleveland Police, the SFO carried out formal searches on multiple properties, arresting and interviewing one suspect. At the same time, the SFO also iss...

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