London Capital & Finance
HMRC ‘penalised’ victims of failed mini-bond firm
As lawyers ask HM Treasury to change its policy to protect investor money
Mini-bond investors told to expect just 25% refund
As administrator prepares to undertake a ‘significant number of legal actions’ that may take years
Firm linked to London Capital & Finance has collapsed
It raised almost £8m by selling mini-bonds to hundreds of investors
Independent investigation into mini-bond firm imminent
But Financial Conduct Authority employees can turn down interview requests
Mini-bond investors received advice and can get compensation
UK lifeboat scheme investigation into London Capital & Finance showed misleading advisory practices