Care home developer investigated over yacht and supercar spending spree

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The SFO claims Carlauren used investor funds to buy luxury vehicles and a private jet – SFO

Three people have been arrested as part of an investigation into a £76m luxury care home scandal that saw investor cash spent on supercars, yachts and a private jet.

The Serious Fraud Office (SFO) on Tuesday announced a new investigation into property developer Carlauren Group, which collapsed into administration in 2019.

Carlauren raised £76m from private investors who were told they would…

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