The U.K.’s Serious Fraud Office announced yesterday that it filed its first-ever charges under the U.K. Bribery Act. The SFO stated that it filed a case in the Westminster Magistrates Court against four men connected to a company called Sustainable AgroEnergy plc. The SFO alleges that the men conspired to commit fraud by false representation and conspiracy to furnish false information related to the “promotion and selling of ‘bio fuel’ investment products to UK investors.” Three of the four men were charged with the offense of “making and accepting a financial advantage contrary to section 1 (1) and 2 (1) of the Bribery Act 2010.”
