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Local Council Accuses Tycoon Of Misappropriating £150M

Gunnar Larson

19 Aug 2024 19 Aug '24
8:08 a.m.

Local Council Accuses Tycoon Of Misappropriating £150M <https://www.law360.co.uk/financial-services-uk/articles/1870623?nl_pk=a94fc7ab-a9ab-4472-a647-9bf619c7b000&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2024-08-19&read_main=1&nlsidx=0&nlaidx=2> By Christopher Crosby A local English council pushed into effective bankruptcy after a spate of failed investments has sued a businessman for upward of £150 million ($194 million) it claims he siphoned off to buy yachts, private jets and a country estate. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/1870623?nl_pk=a94fc7ab-a9ab-4472-a647-9bf619c7b000&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2024-08-19&read_more=1&nlsidx=0&nlaidx=2> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/1870623?nl_pk=a94fc7ab-a9ab-4472-a647-9bf619c7b000&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2024-08-19&read_later=1&nlsidx=0&nlaidx=2>

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