Trafigura Wins $600 Million Nickel Fraud Lawsuit Against Businessman Gupta

Share!

Insurance Journal - Feb 02, 2026

Trafigura won its London lawsuit against Indian businessman Prateek Gupta over fake nickel cargoes on Friday, with London’s High Court ruling in favor of the commodities trader. Geneva-based Trafigura alleged Gupta was the mastermind of a fraudulent “Ponzi scheme” in …...

Read Full Article

Recommended Articles

Dutch Regulator to Probe Roblox Over Risks to Minors

Posted: Feb 02, 2026

The Netherlands’ consumer protection regulator ACM has launched an investigation into U.S. gam...

India’s GIFT City Attracts Lloyd’s and Other Global Reinsurers, Sources Say

Posted: Feb 02, 2026

Some of the world’s biggest reinsurers, including Lloyd’s of London, are seeking Indian...

Bitcoin’s Break Below $80,000 Signals New Crisis of Confidence

Posted: Feb 02, 2026

Price, relevance, conviction — Bitcoin is bleeding all three. The world’s largest cryptocurren...