Serious Fraud Office arrests 4 over collapsed mini-bond

The Serious Fraud Office, working in conjunction with the Financial Conduct Authority, has opened an investigation into individuals associated with failed £236m mini-bond firm London Capital & Finance Plc.  

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Chartered Planner warns investors of mini-bond dangers

Chartered Financial Planner firm Belmayne has warned local investors near its base in Yorkshire to be on their guard to the danger of unregulated investments and scams following the collapse of £236m fund London Capital and Finance (LCF).

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FSCS refuses claims against failed £236m mini-bond firm

The Financial Services Compensation Scheme has said it will not accept claims over collapsed mini-bond firm London Capital & Finance (LCF).

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Editor’s Comment: Has a gap in regulation left 14,000 adrift?

 

 

A worrying case reported on last week by Financial Planning Today and widely read will reverberate for some time to come - and not in a good way.

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