Fighting fraud, bribery and corruption Delivering justice Protecting the UK economy
Today at Southwark Crown Court, the Serious Fraud Office (SFO) secured convictions of two executives of British steel trading business, Balli Steel Plc., on six counts of fraud. Nasser Alaghband, CEO of Balli Steel, had pleaded guilty to one count of fraudulent trading, ahead of the 20-week trial.
This morning, the Serious Fraud Office (SFO) searched three premises across England, with support from National Crime Agency and local police colleagues. Three arrests were made and individuals are being questioned.