Keyword results: LCF

Crime-Scene

Bad news for those mugged by the London & Capital Finance crooks – very few will get FSCS compensation

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…

Dead-Donkey
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EXCLUSIVE: Blackmore will be the next mini-bond to collapse - the question is in how many weeks?

MPs and the FCA seem happy that London & Capital Finance, which we have done so much to expose, is a one off fraud. Of course it is not, it is part of a much larger mini-bond scandal. Hundreds of thousands of vulnerable savers will face ruin and our leaders and regulators are asleep at the wheel. In fact LCF is one of a number of such schemes to go pop. The next big one to topple will, be….

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SAE
SAE
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Simec Atlantis Resources – Perhaps the most immoral company I know of?

I commented on the investment case for Simec Atlantis Resources (SAE) a few month ago – I called it a sell and justified my opinion at some length. Having reflected on my prior article, and frankly all writers of opinion on investment cases should reflect on their opinion, I am now clear this company’s retail bond offering is at best immoral. For a “Green Energy” company what could be worse?

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Dead-Donkey

Blackmore Bond Plc – is the next domino in the mini bond scandal about to topple?

In early 2019, I wrote a series of articles on what has become a widely known minibond scandal.  On 6 January 2019, I flagged up a swathe of red flags at London and Capital Finance Plc (“LCF”) (now in administration).  On 3 February 2019, I asked whether Blackmore Bond Plc was another minibond disaster in the making? Well it looks increasingly like that was yet another incredibly prescient call, the latest warnings signs are:

Boom

Updated # 2- SVS Securities shutting down

Updated: The rumour is SVS Securities is shutting for business. Is this the end for broker to esteemed enterprises such as Westminster Group (WSG) and Mosman Oil & Gas (MSMN) and another sign of how tough things are developing for brokers at the lower end of AIM? Certainly, calling the company has not seen anyone pick up the phone to us...er yes: all staff were asked to leave the building at 11 AM. Expect a forman announcement on Monday. So much for the FCA keeping investors informed...

Conservatives

Friday Odd One Out contest – no evidence wretched Tory Johnny Mercer MP wears women’s underwear

That suggestion in Friday’s contest was not the answer I was looking for. Mr Mercer has many failings, not least his despicable part in the Roger Scruton witch hunt, but I bet the ranch that he does not wear women’s underwear. There were a number of suggestions as to who of Amber Rudd MP, Mercer, Simon Hume Kendall and Julie “Lingerie on expenses” Meyer was the odd one out as you can see HERE.

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Mail on Sunday hack Jamie "limp dick" Nimmo runs 100% untrue story about PCGE

You may remember that Mail on Sunday hack Jamie Nimmo is a liar. Mr Limp Dick claimed to have “revealed” a scoop which in fact I had actually revealed 20 days earlier. Now he is telling porkies with his latest “scoop” on PCGE with the story “City firm quits as adviser to PCG Entertainment over bond probe”. Oh dear Jamie you are a sad man. Why do you have such a problem with the truth?

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Crime-Scene

Video : London & Capital Finance victims speak out – but should they be compensated?

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?

Conservatives

A Two VITAL questions Letter to Amber Rudd MP about the stolen £65,000 & London & Capital Finance

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.

IOG
IOG

Independent Oil & Gas unwittingly confirms Sunday LOG scoop but simply fails to understand the scandal

AIM listed Independent Oil & Gas (IOG) has today issued a statement in relation to London Oil & Gas (LOG) run by Amber Rudd’s pal and donor Simon Hume Kendall and it unwittingly confirms Sunday’s scoop HERE that LOG is the recipient of £122 million of the £176 million leant by London & Capital Finance, the ponzi now in administration and under full FCA enquiry.

Beggar
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Blackmore Bond PLC – another minibond disaster in the making?

Like London and Capital Finance (LCF) which has now collapsed into administration and is under FCA investigation, Blackmore Bond Plc also offers high yield bonds.  It is currently offering 3 Year loans offering 7.9% every year with interest paid quarterly and 5 year bonds offering 9.9% every year paid quarterly. LCF’s 14,000 bondholders now face an almost certain capital loss on their “safe” investments

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IOG
IOG
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Another look at more red flags at the ponzi underpinning Independent Oil & Gas

AIM Casino listed Independent Oil & Gas (IOG) is dependent on financing from London Oil & Gas which in turn is dependent on financing ( repayable on demand) from a ponzi called London & Capital Finance now the subject of a full FCA raid and lockdown. We have covered this extensively already but there is more...

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IOG
IOG
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Kerboom! Exclusive: Is this FinnCrap’s first scandal of 2019? Independent Oil shares should be suspended after FCA swoop on its ultimate funder!

Wakey wakey London’s second worst Nomad! Your client Independent Oil & Gas (IOG) could be about to crash land in tits up alley. A statement is needed NOW after the FCA swooped on its ultimate benefactor.  What, you mean Finncap’s (FCAP) Nomad clowns didn’t realise? Jokers. Poltroons. Not fit for purpose.

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