Gupta was convicted, then acquitted, in Dubai over Trafigura fraud

Prateek Gupta was convicted of forgery offences by a Dubai court in 2024 over his role in a more than half-a-billion-dollar nickel trading fraud against Trafigura, but later acquitted on appeal, court documents show. Trafigura sued Gupta in London in 2023, alleging he was behind a fraudulent transit finance scheme that cost it more than…