Monday 27 January 2020 | ShareProphets: The one stop source for breaking news, expert analysis, and podcasts on fast-moving AIM and LSE listed shares
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Bad news for those mugged by the London & Capital Finance crooks – very few will get FSCS compensation
Published 18 days ago
The Financial Services Compensation Scheme (FSCS) scheme has today announced grim news for nearly all of those who had their money stolen by Amber Rudd’s good pal Simon Hume-Kendal[l and others at London & Capital Finance. Almost none of these mini-bond victims will be getting any compensation. But every cloud has a silver lining…
Video : London & Capital Finance victims speak out – but should they be compensated?
Published 293 days ago
The video below makes for pretty sorry viewing. It is hard not to feel sorry for LCF bondholders who will lose 80% of the cash they thought they were investing in “safe” bonds. But should they be compensated?
A Two VITAL questions Letter to Amber Rudd MP about the stolen £65,000 & London & Capital Finance
Published 298 days ago
The scandal about the £240 million London & Capital Finance ponzi, which we have done so much to expose here, grows by the day. The real scandal is that it is just the tip of the mini-bond iceberg and those politicians such as Nicky Morgan on the LCF case should now, as a matter of urgency, be looking at other schemes that are still taking in money such as the West Ham promoted one we exposed HERE. But back to LCF and Amber Rudd.
After London & Capital Finance, another mini-bond I'm nervous about - promoted by West Ham
Published 300 days ago
After the collapse of the London & Capital Finance ponzi, I wonder about some of the other high yield mini bonds being pushed to investors. And thus my attention is drawn to Basset & Gold PLC whose products are being promoted by my beloved West Ham United and some of its players.
SHOCKING: London & Capital Finance - the helicopter, the horses, the cash paid direct to Amber Rudd's pal and others...
Published 306 days ago
The administrator's first report into ponzi London & Capital Finance is damning and folks are certainly heading to jail including Amber Rudd's pal and donor Simon Hume Kendall. We publish it in full below. The helicopter for the CEO, the horsebox on the balance sheet the money lent to an insider to buy racehorses, the cash pocketed directly by folks including Amber Rudd's pal Simon Hume Kendall. Bondholders are warned they will get just 20p in the pound back. This is truly revolting.
Do the maths stupid: London & Capital Finance MUST be a ponzi, folks MUST go to prison
Published 337 days ago
Yesterday’s posting HERE of the Administrator’s Report into London & Capital Finance, the mini bonds provider founded by Amber Rudd’s chum Simon Hume Kendall has got Cynical Bear and others doing their sums and they, and I, conclude, this now just has to be a ponzi and folks must go to jail. Let me explain.
London & Capital Finance - the administrator lays bare the extent of the scandal
Published 338 days ago
The administrator of London & Capital Finance has now laid bare the extent of the scandal which, as you can see HERE, this website has exposed. This mess, that the FCA overlooked until it was too late, will leave thousands of (mostly) elderly savers losing money on what they thought were low risk investments. This is a £236 million horror story as you can see in full in the document below.
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