By Tom Winnifrith, the Sheriff of AIM | Tuesday 23 November 2021
Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
After a six year investigation the FCA has finally launched lawsuits against the CEO and CFO of the £300 million Greek fraud Globo, once a poster boy of the AIM sewer. The company raised more than £100 million in debt and equity but was a complete fraud, going tits up in 2015. You may remember …