Serious Fraud Office probe snares Tchenguiz brothers

Vincent and Robert Tchenguiz are understood to be among first wave of arrests in the SFO's investigation into the collapse of Icelandic banking group Kaupthing

Wednesday 9 March 2011 at 17:45

Vincent and Robert Tchenguiz, the high-profile property investors, are among nine people to have been arrested this morning in connection with the collapse of Icelandic bank group Kaupthing.

The pair were among the first wave of arrests concerning the downfall of Kaupthing in October 2008. The arrests were carried out by the Serious Fraud Office in a joint operation with City of London and Essex Police.