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

By Tom Winnifrith | Tuesday 16 March 2021


 


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.

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