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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,
2h
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 ...
9h
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 ...
12h
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 ...
12h
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 ...
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 ...
9h
Iceland fishing firm wins UK lawsuit against artist over fake bribery apology
Icelandic fishing company Samherji on Thursday won its lawsuit against an artist over a fake apology for its role in ...
GlobalCapital
2h
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 ...
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 ...
13h
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 ...
AOL
20h
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 ...
Time Out
1d
London is hosting the UK’s first ever TikTok awards
Next month, London will host the UK’s first-ever TikTok awards, celebrating Britain’s best creators on the app. The night, ...
6h
on MSN
London becomes first city in the world with 1000 sustainable B Corp companies
London becomes first city in the world with 1000 sustainable B Corp companies - Smaller businesses in London with between 10 ...
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