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UK authorities have arrested six individuals in connection with the suspected fraud and money laundering offenses totaling approximately £300 million ($404 million) linked to the collapse of social housing firm Home REIT Plc. The Serious Fraud Office arrests targeted company founders and executives. The investigation centers on allegations of providing misleading information to the market, asset valuations, and the management of homelessness housing contracts. The SFO has seized documents and electronic devices, marking a significant step in holding those responsible for the “chaotic downfall” accountable.
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