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Jefferies Gets New Evidence of Fake Invoices at Troubled Fund
Posted
August 4, 2026
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August 4, 2026
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3:10Now PlayingJeffries has found new evidence that invoices underpinning its financing to an iron ore trader called Sapphire Minmetals Corp. are fake. This discovery comes after Jeffries was already reviewing its exposure to iron ore trader Radiant World, after reports that documents provided to financers were not valid. Bloomberg's Sri Natarajan reports.
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