Businessman facing 30 charges over alleged £115m fraud
- 30 July 2010
- From the section Business
A businessman has been charged with 30 fraud offences including running a bogus business, money laundering and obtaining money by deception.
Kautilya Nandan Pruthi, 39, was charged after City of London Police investigated a gang alleged to have cheated investors around the world.
The Crown Prosecution Service said he will appear on bail at City of London Magistrates' Court on 3 September.
The charges relate to his activities between August 2005 and June 2009.
Mr Pruthi is accused of participating in a fraudulent business, fraud, obtaining money by deception, unauthorised regulated activity and concealing criminal property.