LC&F Bosses Must Repay £180M Over Ponzi Scheme
LC&F Bosses Must Repay £180M Over Ponzi Scheme <https://www.law360.co.uk/financial-services-uk/articles/2273610?nl_pk=a94fc7ab-a9ab-4472-a647-9bf619c7b000&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2024-12-16&read_main=1&nlsidx=0&nlaidx=0> By Sophia Dourou The group of co-conspirators who ran London Capital & Finance like a Ponzi scheme must repay the administrators of the collapsed investment fund more than £180 million ($227 million), after a judge said on Friday that the full amount of the fraud will likely never be recovered. Read full article » <https://www.law360.co.uk/financial-services-uk/articles/2273610?nl_pk=a94fc7ab-a9ab-4472-a647-9bf619c7b000&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2024-12-16&read_more=1&nlsidx=0&nlaidx=0> | Save to favorites » <https://www.law360.co.uk/financial-services-uk/articles/2273610?nl_pk=a94fc7ab-a9ab-4472-a647-9bf619c7b000&utm_source=newsletter&utm_medium=email&utm_campaign=financial-services-uk&utm_content=2024-12-16&read_later=1&nlsidx=0&nlaidx=0>
participants (1)
-
Gunnar Larson