Stenn Group with Alleged Links to Russian Money Laundering Case May Leave Creditors £100M Out of Pocket
A London-based financial services startup, Stenn Group, has reportedly entered administration, leaving creditors facing losses of over £100 million. The company, which specialized in invoice finance, had been under investigation by HSBC, its lender, following allegations of links to a Russian money laundering case. As… Read More
Read more in: Fintech, Global, Politics, Legal & Regulation | Tagged financial crime, money laundering, russia, stenn group, uk