A UK firm that handled accounts for an alleged Ponzi scheme run by German Property Group (GPG) claims the directors of an Irish company had the authority to “book trades and approve payments” for the group. WTUK, or Whites, a financial and payment services firm based in Nottingham, England is being sued by the liquidator of a vehicle called Mut 103 to recover money for Irish investors stung for around €40 million by the collapse of GPG, otherwise known as Dolphin Trust, in 2020. The UK firm, through director Anna Garrett, is alleged to have assisted breaches of fiduciary duty…
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