Did Martin Lewis Advertise or Promote London Capital Finance Bonds?

By J Drew -
Quite a few bondholders have commented that they bought LCF bonds because they saw them being advertised by Martin Lewis of Money Saving Expert or being shown on his website. There is no evidence that the London Capital & Finance bonds were ever promoted or listed on Money Saving Expert or by Martin Lewis. Indeed the main information on MSE was lots of warnings on the forums letting people know the risks involved in investing in the bonds.

However one site I noticed earlier may have caused some of this confusion. A video of Martin Lewis is playing with a subject line showing of "Cash ISAs aren't worth it anymore" in the middle of a section about High Return ISAs that mentioned London Capital & Finance.

LCF Martin Lewis Advert Moneysaving Expert
LCF Martin Lewis Advert Moneysaving Expert
It is possible and far more likely that this sort of news feature is the root of these bondholders believing that Martin Lewis or MSE were promoting the bond. In reality Martin Lewis would have no idea that his video is playing next to information about high risk mini bonds.


Comments

Post a Comment

Popular posts from this blog

Concept Capital Group Review - Is it Genuine or a Scam?

By J Drew -
Image
Investment in Concept Capital Group is being promoted on Facebook and Rightmove to solicit investment in their static caravans for rental to social housing tenants via Social Park Housing. Concept Capital Group are claiming to guarantee rental income of 10% but as investors in London Capital & Finance are fully aware, this sort of guarantee is fully dependent on the company making it still being in business. If the company fails for any reason then there will be no-one to support the guarantee or to return money to investors.  Update November 2024: It's reported on MSE that investors are struggling to get repayments of their investments with various excuses. If the company fails your guarantee disappears. Concept Capital Group have only existed since 2019 so have no track record of honouring investment guarantees over the long term. Concept Capital Group Risks - Is it a Scam? Concept Capital Group include a small link to a disclaimer page on their site that identifies the risks...
Read more

LCF - Where Are The Assets & People Now?

By J Drew -
Image
Where are the People and assets behind LCF & their agent Surge Financial? London Capital & Finance owned a helicopter purchased by Andy Thomson. LCF helicopter seized This has now been seized and is being held at Shoreham Airport in Sussex. According to the administrators one of the loans of £12 million was to a stables called Home Farm originally run by Spencer Golding but now owned by Sean Cubitt who was unable to provide any paperwork for the purchase of the company or for any of the horses. There were originally 85 horses apparently with a combined values of £15 million according to the owners but when the administrators visited they could only see 35 that had a value of less than £10,000 each. Sean Cubitt claimed that there was no bank account for the company that runs Home Farm. So a company with no bank account was loaned £12 million by LCF. Yet another example of the lies they told to investors about their lending process. We understand that the val...
Read more

Is Marshbell Group Solar A Scam? Review of Fixed Rate Bonds

By J Drew -
Image
  Latest UPDATE   Feb 2024  - Marshbell being struck off - act now!    A question has been raised on Marshbell Group investment in solar farms and whether it is a scam   The website is: marshbellgroup.com Offering 2 Years Fixed Rate Account at 8.4% p.a with monthly interest payments 2 Years Fixed Rate Account at 10.20% p.a with interests paid at maturity. Does anyone have any experience with/of them? Is it a legit company or a scam? UPDATE -December 2021 The FCA have now issued a warning about Marshbell Group operating without authorisation in the UK.  https://www.fca.org.uk/news/warnings/marshbell-limited-t-marshbell-group The FCA say:  This firm is not authorised by us and is targeting people in the UK. Marshbell claim the investment is only suitable for certain classes of investor - yet it is clear they sold to people that were not in these classes. Investors are reporting that they have not received interest payments from Marshbell - more deta...
Read more