London

Brexit cash probe: Britain’s equivalent of the FBI is investigating one of the pro-Brexit campaign’s biggest financial backers, over allegations that he was involved in illegal campaign funding during the U.K.’s 2016 referendum. Insurance mogul Arron Banks, who has come under scrutiny for alleged ties to Russia and the Trump presidential campaign, was referred to the National Crime Agency after the U.K. Electoral Commission flagged more than $10 million in loans Banks gave to Leave.EU, the pro-Brexit group he co-founded. The commission said it had “reasonable grounds” to believe the money had come from an outside source, and noted that “various criminal offenses may have been committed.” Banks called the allegations “ludicrous.” Opponents of Brexit said Britain’s departure from the European Union should be put on hold until the investigation is complete.