Keyword results: London and Capital Finance

Boom
PREMIUM CONTENT

The High Street Group – administration postponed for now, FCA useless as ever

I first wrote about the High Street Group 426 days ago.  It was the sixth mini bond scheme I had written about.  Of the first five, four being London and Capital Finance, Blackmore Bond, Bassett & Gold and Buy 2 Let Cars and all in administration and in the case of London and Capital Finance and Buy 2 Let Cars, the Serious Fraud Office are investigating the Directors.  Wellesley Finance managed to pull off a Creditors Voluntary Arrangement and persuade investors to take a significant haircut in order to let the group restructure and avoid administration.

Subscribe to ShareProphets to access Premium Content
Crime-Scene

We warned about SIX high profile mini-bond schemes – now another of the suspect six goes bust, another FCA fail

The pattern has always been the same. We issued explicit warnings about London & Capital Finance,, Blackmore Bond, Bassett and Gold, Buy 2 Let Cars, The High Street Group  and Wellesley Finance. Companies such as my beloved West Ham United screwed over their fans and continued to support these rogues. The FCA was too busy publishing papers on the gender pay gap, Brexit, climate change or LGBT awareness to do anything until tens of millions of pounds had been lost. But heck it is was only the great unwashed who suffered.

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…

Collapsing-Reactor
PREMIUM CONTENT

Blackmore Bond – timber! Now that it is too late will the FCA finally wake up?

The FCA and our elected leaders at Westminster continue to pretend that the London & Capital Finance mini-bond scandal is a one off and not the tip of a vast mini-bond iceberg. Readers of this website know otherwise and we have flagged up a number of times that Blackmore Bond is likely to be the next scheme to topple. Here is more damning evidence for the regulator to ignore.

Subscribe to ShareProphets to access Premium Content
Chocolate-Teapot
PREMIUM CONTENT

Buy2LetCars.Com – another high yield investment accident regulated by the FCA waiting to happen

After mini bonds & Neil Woodford where do we think that the chocolate teapots at the FCA financial watchdog will be asleep at the wheel next?

Subscribe to ShareProphets to access Premium Content
Dead-Donkey
PREMIUM CONTENT

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….

Subscribe to ShareProphets to access Premium Content
SAE
SAE
PREMIUM CONTENT

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?

Subscribe to ShareProphets to access Premium Content
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:

IOG
IOG
PREMIUM CONTENT

Independent Oil and Gas – Harvey expo drill had better work! SELL

Independent Oil and Gas (IOG) has been on a roller coaster of a journey over the last few years, with plenty of highs and lows. Some aspects have been of its own making, such as the unsuccessful appraisal drill of Skipper back in 2016 and some due to external influences like funding by what increasingly looks like a chain of fraudulent financial backers in London and Capital Finance via London Oil and Gas.

Subscribe to ShareProphets to access Premium Content
Collapsing-Reactor

When will the dim MP’s get it? The mini bond scandal is so much more than LCF – new Blackmore red flag

Dim-witted MPs and poltroons of the deadwood press seem to think that the London & Capital Finance is a one-off. Sure the level of theft by Amber Rudd’s pal Simon Hume Kendall was obscene but as we have flagged up many times there are stacks of other LCF type mini bond scandals waiting to emerge.  I highlighted back in February 2019, a number of similarities between Blackmore Bond PLC and, now, insolvent London Capital and Finance Plc.

Crime-Scene

Bank Holiday Special: ShareProphets' 20 most-read articles so far this year

It's the second bank holiday this month, and that gives us a little time to reflect back on the most-read stories of this past year. Who would have guessed THIS would be #1?

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.

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?

Bobby-Moore

After London & Capital Finance, another mini-bond I'm nervous about - promoted by West Ham

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.

Crime-Scene

Amber Rudd’s pal Simon Hume Kendall, the SFO, arrests, London Oil & Gas administration – ouzo time at ShareProphets

Things are moving rapidly in the collapse of the London & Capital Finance  ponzi scheme, which fleeced 14,000 punters – mainly pensioners – by offering high yield bonds -   and which ShareProphets has done so much to expose, as you can see HERE.

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.

Crime-Scene

Do the maths stupid: London & Capital Finance MUST be a ponzi, folks MUST go to prison

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.

IOG
IOG
PREMIUM CONTENT

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.

Subscribe to ShareProphets to access Premium Content
Subscribe to our newsletter

Daily digest of our latest stories.



Search ShareProphets

Complete Coverage

Recent Comments