Entrepreneur is investigated over fraud allegations

The Serious Fraud Office is investigating suspected fraud and money laundering in relation to the conduct of business by Gavin Woodhouse and individuals and companies associated with him.

By News Reporter
Tuesday, 10th August 2021, 9:20 am
Gavin Woodhouse. Photo: ITV News/Guardian
Gavin Woodhouse. Photo: ITV News/Guardian

The conduct currently under investigation by the SFO relates to investments offered in care homes and hotels between 2013 and 2019.

Mr Woodhouse’s businesses included the former sponsor of the Shay stadium the MBi Group, and is chairman of Northern Powerhouse Developments, based in Elland.

The SFO has asked UK-based investors into the suspected fraudulent schemes to complete a questionnaire by 30 September 2021. The information provided will help us to establish the circumstances of the investments offered, to identify and pursue new information, and to progress the investigation as quickly as possible.

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The SFO is committed to supporting victims and invites those who believe they have been a victim in connection with this investigation to check this page for updates and information on support services.

The Serious Fraud Office (SFO) fights complex financial crime, delivers justice for victims and protects the UK public and country from economic harm. We investigate and prosecute the most serious or complex cases of fraud, bribery and corruption. We also recover the proceeds of crime worldwide and assist international partners with their investigations, for which the Proceeds of Crime and International Assistance Division takes responsibility.

Under Director Lisa Osofsky, we have secured convictions against 21 individuals and companies, recovered over £1 billion of illicit gains, and secured eight agreements with companies including Serco, G4S and Airbus, compelling them to pay penalties and reform to prevent future law-breaking.

As this is a live investigation, the SFO said they can provide no further comment at this time.