Showing 1 to 1 of 1 results
theguardian.com
🌐 75% Global Worthiness
LCF Ruled a Ponzi Scheme
A London judge ruled that London Capital & Finance (LCF) operated as a Ponzi scheme, costing investors over £237 million. Former CEO Michael Thomson and others were found to have knowingly participated in the fraud.
LCF Ruled a Ponzi Scheme
A London judge ruled that London Capital & Finance (LCF) operated as a Ponzi scheme, costing investors over £237 million. Former CEO Michael Thomson and others were found to have knowingly participated in the fraud.
Progress
32% Bias Score
Reduced Inequality
Showing 1 to 1 of 1 results