976497632
News

SFO launches Hanover investigation

Monday 29th of November 2010

The Serious Fraud Office has launched an active investigation into Hanover Finance, after preliminary enquiries found reasonable grounds to "believe that fraud had been committed."

The investigation in the failed finance company, which effectively sold its loan book last year by convincing investors to swap debentures for shares in Allied Farmers in a bid to stave off liquidation, was tr...

Want to read the full article?

Click the button below to subscribe and will have free unlimited access for a limited time to full article and all other articles on the site.

You will also be able to comment on articles on Good Returns.