Radiant World, a Singapore-based commodity trader, is under simultaneous investigation by the US Department of Justice and the Commodity Futures Trading Commission. Authorities suspect the company submitted fraudulent documents, including falsified invoices, to financial institutions to obtain financing. Vitol and Cargill suspended their business relationships with Radiant World in July 2026, while Glencore disclosed counterparty exposure exceeding $500 million linked to the firm. The number of registered creditor claims against Radiant World rose from 10 in 2025 to 21 by August 11, 2026, reflecting growing tensions among creditors.
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