Jefferies Gets New Evidence of Fake Invoices at Troubled Fund
Jeffries has found new evidence that invoices underpinning its financing to an iron ore trader called Sapphire Minmetals Corp. are fake. This discovery comes after
Jeffries has found new evidence that invoices underpinning its financing to an iron ore trader called Sapphire Minmetals Corp. are fake. This discovery comes after Jeffries was already reviewing its exposure to iron ore trader Radiant World, after reports that documents provided to financers were not valid. Bloomberg's Sri Natarajan reports. Weekdays 7am-6pm ET Saturday & Sunday 7am-10am ET WATCH HERE Subscribe to our Podcasts Bloomberg Daybreak Bloomberg Surveillance Bloomberg Intelligence Balance of Power Bloomberg Businessweek Listen on Apple CarPlay and Android Auto with the Bloomberg Business app Apple CarPlay Android Auto Visit our YouTube channels Bloomberg Podcasts Bloomberg Television Bloomberg Originals Quicktake
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