Money
Radiant World Faces $870 Million Exposure Amid Fraud Probe
Singaporean trader Radiant World faces a $870 million trade finance crisis amid global investigations into allegations of invoice fraud.
September 21, 2026, 08:49 PM·Crypto Briefing

Singaporean trader Radiant World faces a $870 million trade finance crisis amid global investigations into allegations of invoice fraud.

Apollo Global Management is scaling back operations at its trade finance subsidiary Eliant, winding down accounts receivable and supply-chain finance products.

Apollo Global Management is closing specific trade finance products at its Eliant platform due to difficult market conditions in the inventory financing sector.
