London Capital (LCF) Letter to Bondholders

London Capital Finance have sent a letter to bondholders. Unfortunately they appear to have given an incorrect phone number in the letter

https://dozvt7oafrsnm.cloudfront.net/LCF%20update.pdf

The letter states that "LCF's business is to make loans to companies". What it fails to say is that these companies appear to be mainly ones that are run by or controlled by the directors of LCF. There doesn't appear to be an independent lending business offering loans to companies

More info here

https://damn-lies-and-statistics.blogspot.com/2019/01/london-capital-finance-scam-tangled-web.html

It's a far cry from their adverts back in 2017

LCF Letter to Bondholders
LCF Letter to Bondholders

The Information Memorandum that sold investors the bonds is here https://dozvt7oafrsnm.cloudfront.net/series-4/information-memorandum.pdf

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