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Seychelles , Sunday 31 May 2026

'Greedy' fund managers sentenced over $8m Libyan wealth fund fraud

Published on: Monday 20 February 2023

'Greedy' fund managers sentenced over $8m Libyan wealth fund fraud Three city fund managers have been jailed for a total of almost 12 years after conducting a "calculated and opportunistic" fraud resulting in $8.45 million losses to the Libyan Sovereign Wealth Fund.


News source: https://www.msn.com/en-ae/news/world/greedy-fund-managers-sentenced-over-dollar8m-libyan-wealth-fund-fraud/ar-AA17KmQV

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