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Boss of lender accused of diverting £1.3bn to fund lavish lifestyle

  • Posted on May 12, 2026
  • By The Times
  • 0 Views
  • 1 min read
Boss of lender accused of diverting £1.3bn to fund lavish lifestyle
Boss of lender accused of diverting £1.3bn to fund lavish lifestyle

MFS founder Paresh Raja misappropriated almost half of the £2.6 billion provided by City and Wall Street firms, administrators claims in a lawsuit
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Author
The Times

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