Trafigura: the ten-day unravelling of an alleged $500 million fraud

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Commodities trader Trafigura says it is the victim of a huge fraud. Keystone / Martial Trezzini A heart attack, a handwritten note and 1,000 shipping containers full of unknown material — the details of one of London's biggest commodity fraud cases read like a thriller. This content was published on February 28, 2023 – 09:36 Harry Dempsey, Leslie Hook and Robert Smith in London, Financial Times Singapore-based trading house Trafigura has accused metals tycoon Prateek Gupta and his companies of selling it fake nickel cargoes worth hundreds of millions of dollars, in a high-profile lawsuit that has sent shockwaves through…