LCF London Capital Finance Fraud Trial Date - High Court Case Jan 2024

By J Drew -

 It's been a long time coming but the court case begins in Jan 2024 where various directors and associated parties with London Capital and Finance are being sued by Smith & Williamson (now Evelyn Partners) for a proportion of the £237million that investors lost in the collapse.

This isn't the same as a criminal prosecution brought by the Serious Fraud Office (SFO) which is still working on whether there is a case to present to court against anyone involved in LCF. A separate case was taken out recently by the SFO against former LCF CEO Michael  (Andy) Thomson where he was convicted of hiding money in breach of an restraint order. More details here:  https://www.sfo.gov.uk/2023/05/17/sfo-secures-10-month-sentence-for-former-london-capital-finance-plc-ceo/

Investors have been compensated by the FSCS for any funds below the £85k limit. Anyone who invested above £85,000 in LCF will still have a significant shortfall in the money they invested. Evelyn Partners are now predicting a return of less than 20% of the original investment due to the collapse in share price of  Independent Oil and Gas, an investment made with bondholders money.

Some of the advertising material that persuaded investors to part with £237million for bonds sold by London Capital and Finance that was subsequently lost. Also some photos of some of the faces associated with LCF. Simon Hume Kendall, Andy (Michael) Thomson, Robert Sedgewick.

It was previously reported in The Times in November 2023 that Andy Thomson had put his home up for sale for £3.7 million to help fund his legal costs in the forthcoming trial at the High Court in London.

LCF London Capital Finance Court Case Jan 2024
LCF London Capital Finance Court Case Jan 2024



Scam advert for London Capital Finance bonds

LCF London Capital Finance Trial Date - High Court Case Jan 2024
LCF London Capital Finance Trial Date - High Court Case Jan 2024

The defendants in the case being brought are as follows:

(1) Michael Andrew Thomson
(2) Simon Hume-Kendall
(3) Elten Barker
(4) Spencer Golding
(5) Paul Careless
(6) Surge Financial Limited
(7) John Russell-Murphy
(8) Robert Sedgwick
(9) Grosvenor Park Intelligent Investment Limited
(10) Helen Hume-Kendall
(11) Michael Starkie
(12) Stephen Ruscoe
(13) Eric Bosshard
(14) Robin Hudson
(15) Charles Hendry

Simon Hume-Kendall LCF Court case
Simon Hume-Kendall

Michael Andrew (Andy) Thomson
Michael Andrew (Andy) Thomson

Robert Sedgwick
Robert Sedgwick


Elten Barker LCF fraud case
 Elten Barker


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