Vitol Group and Cargill Inc. have stopped trading with Radiant World, a private firm operating as one of the world's largest iron ore traders.
The decision by Vitol Group and Cargill Inc. to cut ties with Radiant World is related to alleged concerns regarding fake invoices.
Glencore Plc is no longer doing new business with Radiant World, according to people familiar with the matter.
While Vitol Group and Cargill Inc. have cited alleged concerns regarding fake invoices, sources familiar with the matter described the issue more broadly as concerns regarding documentation.
