Business & M&AGamblingNews · 2h ago
Collapsed Shadow Bank Boss Gambled Millions amid Fraud Accusations
By Deyan Dimitrov•September 18, 2026
The brief
Former Market Financial Solutions (MFS) chief executive Paresh Raja is under renewed scrutiny over his spending habits. Recent reports reveal that he frequently engaged in high-stakes gambling at two casinos in Mayfair, UK, before his shadow bank collapsed. However, these allegations are not necessarily connected to t…
Original report
GamblingNews
Summary is editorial. Full reporting, images and rights belong to the source.
Advertisement
Get the news by email
A digest of the day's top iGaming stories, straight to your inbox.