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H2O Networks

Controversies

Controversies tied to this brand in public sources. A listing is not a finding of fault.

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  1. 2011

    Alleged asset-finance fraud involving H2O Networks

    H2O Networks was identified as the largest victim among ten companies allegedly used to obtain more than £250 million fraudulently. Reported losses or exposure connected with H2O exceeded £160 million. The Serious Fraud Office investigated the financing arrangements. Several defendants were later convicted, while Elfed Thomas was acquitted.

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