SFO to secure a further £96,000 from “green energy” fraudster
Serious Fraud Office
Today, the SFO secured a £96,000 confiscation order against Steven John Murphy, 50, after uncovering additional assets related to his role in a boiler-room fraud. The funds will go straight back to the public purse. Murphy was one of seven men who defrauded thousands of UK investors out of £8.2 million through an east-London registered but Spain-based sham biofuel company called Worldwide Bio Refineries (WBR). SFO investigators recently uncovered that Murphy held equity in a UK property that had been purchased using the proceeds of crime, and acted quickly to recover £96k.
