Jefferies fund caught with $500mn exposure to second alleged invoice fraud

Jefferies fund caught with $500mn exposure to second alleged invoice fraud — Live Feedhttps://www.live-feeds.com/feed/jefferies-fund-caught-with-500mn-exposure-to-second-alleged-invoice-fraudContinuously updated, source-cited coverage. Jefferies fund has $500 million exposure to Radiant World fraud probehttps://www.live-feeds.com/feed/jefferies-fund-caught-with-500mn-exposure-to-second-alleged-invoice-fraudhttps://www.live-feeds.com/feed/jefferies-fund-caught-with-500mn-exposure-to-second-alleged-invoice-fraud#u60561Mon, 07 Sep 2026 21:25:42 +0000A fund linked to Jefferies holds $500 million in exposure to Radiant World, a company currently under investigation for allegedly submitting invalid documents to banks. This incident marks the second alleged invoice fraud affecting the fund. A London court has frozen $499 million in assets related to the matter, while an executive identified Glencore as the senior partner of Radiant World. The probe focuses on the authenticity of financial documentation provided to banking institutions to secure funding.Why it mattersInvoice fraud involves using fake bills to obtain loans or payments. This cas