Serious Fraud Office assesses Gavin Woodhouse businesses

Move follows a referral from the MP John Mann, who also wants FCA to look into situation

The Serious Fraud Office is considering investigating the business affairs of Gavin Woodhouse following a referral from an influential MP.

John Mann, the Labour MP for Bassetlaw who has been a member of parliament’s Treasury select committee for more than a decade, alleged Woodhouse’s business model “smells a bit like a Ponzi scheme” as further details of the embattled entrepreneur’s finances have emerged.

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