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Ponzi Scheme, London
London Capital & Finance Bosses Ran a Ponzi Scheme, UK Judge Rules
Bosses at London Capital & Finance Plc ran a ponzi scheme to collect hundreds of millions of pounds from retail investors, spending much of it on themselves, a London judge ruled.
Investment firm ran Ponzi scheme, High Court rules
London Capital & Finance (LCF) raised £237m from more then 11,600 investors before collapsing.
Failed London Capital & Finance was Ponzi scheme, High Court rules
British investment firm London Capital & Finance (LCF), whose failure in 2019 triggered one of Britain's biggest retail investment scandals, operated as a Ponzi scheme and five men are liable for hefty damages,
Mini-bond firm London Capital & Finance was just a Ponzi scheme, rules judge
London Capital & Finance raised £237m from around 11,600 individual investors, promising them healthy returns from the sale of risky 'mini-bond' products.
1h
on MSN
'Amazing showcase' for UK gaming industry cancelled
One of the main showcases for UK gaming has been cancelled, reflecting the wider struggles of an industry which has seen a ...
10h
on MSN
London weather: Snow could fall next week as temperatures plunge to zero
The Met Office has predicted a shift to cooler, more unsettled weather in
London
from the weekend into next week. The ...
8h
Crisis-era regulation has 'gone too far', Reeves tells UK finance sector
Finance minister Rachel Reeves on Thursday promised a reboot of regulation governing Britain's "crown jewel" financial ...
10h
on MSN
UK set to create new pension megafunds with aim of unlocking $100 billion for investment
British Treasury chief Rachel Reeves is set to announce plans later Thursday to merge dozens of pension funds with the aim of ...
GlobalCapital
1h
Tokenised Gilts on the horizon as UK government to launch pilot
Digital Gilt issuance to learn from ECB Trials and help London grow as a distributed ledger technology bond centre ...
12h
on MSN
UK markets watchdog softens naming and shaming plan
FCA Chief Executive Nikhil Rathi said the markets regulator planned to name only around one or two firms under investigation ...
Bloomberg L.P.
1d
UK Watchdog Shuffles Regulators Overseeing London Trading Floors
The
UK
’s Financial Conduct Authority appointed Simon Walls to temporarily oversee the division responsible for regulating ...
1h
Incredible European town has more than 100 Christmas markets - just two hours from UK
If you love Christmas then you're spoilt for choice in this city which has more than 100 festive markets to choose from.
1d
UK Supreme Court's bad faith trademark ruling opens doors to more challenges, lawyers say
British TV company Sky applied for overly broad trademarks over its name in bad faith, the United Kingdom's Supreme Court ...
2d
London's 'hidden gem' Christmas market named one of best in the UK
Christmas markets across the UK and Europe are famous for their atmosphere, signalling that the festive season is well and ...
AOL
18h
UK consumer group takes on Apple over iCloud service
LONDON
(Reuters) - British consumer group Which? will launch legal action against Apple on Thursday, alleging the tech ...
Politico Europe
2h
UK’s Reeves pledges to ‘work closely’ with Trump as tariff threat looms
In her speech to City of London attendees, the chancellor said the U.K. would not reverse Brexit but the country “must reset ...
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