Article preview: Investors who lost money in the London Capital & Finance (LCF) debacle are in line for government-funded compensation. The government is expecting to payout £120 million to investors in the failed scheme, which collapsed in January 2019. More than 11,600 people invested a total of £237 million with LCF before it collapsed.
London Capital & Finance investors in line for government compensation
This 391-word blog post explains the government compensation scheme for investors in the failed London Capital & Finance mini-bonds, along with a comments from trade association PIMFA. Written on 20th April 2021.
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