London Capital Finance - Who Was Arrested by Serious Fraud Office?
It has been revealed by the SFO that they have opened an investigation into London Capital & Finance and that 4 people linked to the company have been arrested and released. This has been launched under the code name Operation Axite.
I'm sure anyone who has followed the activities of LCF over the last few months will not be surprised at this turn of events and it ties into information we were given over a month ago but was unable to publish at the time.
It's not been officially confirmed by the Serious Fraud Office who the 4 arrested individuals were but we understand the names from various sources. There is no implication of any guilt on the part of these 4 people and they have been released without charge after assisting the SFO with their enquiries. As people close to LCF it is understandable that the SFO would want to speak to them about the situation.
Andy Thomson (Michael Andrew Thomson) was CEO of London Capital and Finance
Simon Hume Kendall originally setup LCF back in 2012 and was CEO of the largest borrower of LCF called London Oil & Gas
The 4 individuals have been released pending further enquiries by the SFO and no charges have been laid against them at the moment.
https://www.sfo.gov.uk/2019/03/18/sfo-opens-investigation-into-london-capital-finance-plc/
When the information published by LCF was so blatantly untrue and the financial structures seem to be deliberately setup to avoid scrutiny along with individuals suddenly displaying very rapidly accumulated wealth it's not a shock that this is happening.
I'm sure anyone who has followed the activities of LCF over the last few months will not be surprised at this turn of events and it ties into information we were given over a month ago but was unable to publish at the time.
It's not been officially confirmed by the Serious Fraud Office who the 4 arrested individuals were but we understand the names from various sources. There is no implication of any guilt on the part of these 4 people and they have been released without charge after assisting the SFO with their enquiries. As people close to LCF it is understandable that the SFO would want to speak to them about the situation.
- Andy Thomson
- Simon Hume Kendall
- Spencer Golding
- Elten Barker
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| Photo of Andy Thomson |
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| Simon Hume Kendall |
The 4 individuals have been released pending further enquiries by the SFO and no charges have been laid against them at the moment.
https://www.sfo.gov.uk/2019/03/18/sfo-opens-investigation-into-london-capital-finance-plc/
When the information published by LCF was so blatantly untrue and the financial structures seem to be deliberately setup to avoid scrutiny along with individuals suddenly displaying very rapidly accumulated wealth it's not a shock that this is happening.
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| Serious Fraud Office Investigation into London Capital Finance |
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