In the more than a decade it existed, the Dolphin Trust, later renamed the German Property Group (GPG), created a labyrinthine network of 320 companies. These entities sprawled from Germany to Ireland, Britain, South Korea, France, Russia, Singapore and even to the Cayman Islands. While there were plenty of fees and charges along the way in all of these countries, the bulk of the money being raised by Dolphin/GPG was destined for Charles Smethurst, a businessman of German-British heritage who presented himself as a brilliant financier. In corporate brochures provided to potential investors, his talents appeared dazzling. He was, it appeared,…
Don’t miss out on what is going on with our daily unique stories from our team of skilled journalists and insightful commentators. Members of The Currency get full access to over 2,500 exclusive interviews, investigations, and analysis, plus over 180 podcasts. Annual membership is just €200 for the first year, a saving of €100. Or try The Currency for the first month for a special introductory rate of €5, a saving of €20. Cancel at any time. To become a member today click here.
Join The Currency
Sign up today: Full annual membership for just €200.