Charles Smethurst

Charles Smethurst

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Charles Smethurst is a German-British businessman and the founder of Dolphin Trust, later known as the German Property Group (GPG). He was recently convicted of serious fraud and sentenced to nearly seven years in prison for his role in a massive Ponzi scheme that defrauded thousands of investors, resulting in losses exceeding €1 billion.

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Recent news mentions

Charles Smethurst was convicted of serious fraud and sentenced to prison for his role in a property investment scheme.

‘He left us with nothing’: the British investors swindled by a German property firm | Business
The Guardian·United KingdomUnited Kingdom· 2025-06-28
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