The Serious Fraud Office (SFO) has launched an investigation into an alleged multi-million-pound fraud committed against Thurrock Council.
The anti-fraud agency opened a probe into UK-based Rockfire Investment Finance Plc.
Between 2016 and 2020, Thurrock Council invested millions in solar farms through a bond scheme sold by Rockfire Investment Finance and other companies operating within the Rockfire Group.
At the time, Rockfire offered multiple investment opportunities in renewable energy bonds, offering a return on investment between three and six per cent as well as the return on the initial bond purchase cost.
However, since then the group entered…
