Northern Provident Investments Ltd (NPI) Liquidation - LCF Connection?

By J Drew -

 The company that approved promotions for many mini bond sellers such as London Capital & Finance and Blackmore Bond has entered into liquidation as of 6th August 2021 as reported by the FCA. The FCA warn, without any irony, that scammers may take advantage of this situation to defraud investors who placed money with them failing to note that thousands of investors were scammed by companies such as LCF whose advertising promotions were approved by NPI.

It's not known why NPI has gone into liquidation but may be due to the number of claims that could be coming relating to their approval of the Mini Bond promotions for various companies that have since failed.

 

Northern Provident Investments Ltd (NPI) Liquidation
Northern Provident Investments Ltd (NPI) Liquidation

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