UK fraud office charges four men with bribery and fraud in biofuel scam

August 15, 2013 |

In the UK, four men connected to Sustainable AgroEnergy plc have been charged with offences of conspiracy to commit fraud by false representation and conspiracy to furnish false information, contrary to section 1 of the Criminal Law Act 1977, in connection with the investigation by the Serious Fraud Office into the promotion and selling of “bio fuel” investment products to UK investors.  The value of the alleged fraud is approximately GBP23 million and the offences are said to have taken place between April 2011 and February 2012.

Category: Fuels

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