LCF Lent £70 million to fraudsters

By J Drew -

 Some more excellent investigation work by Jim Armitage at the London Evening Standard highlighting the £70million lent by London Capital & Finance to Prime Resort development which was run by 2 convicted fraudsters. Any genuine lending company would be doing due diligence on their borrowers! The 2 individuals were Paul Seakens and Terence Mitchell.

Read the full article here

https://www.standard.co.uk/business/london-capital-finance-lcf-fraudsters-lakeview-cornwall-fraud-sfo-b936592.html

LCF was setup by Simon Hume Kendall who has been interviewed by the SFO about his role in the collapse

Simon Hume Kendall who setup LCF




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