London Capital Finance Bonds - What are the Risks?
It's incredibly frustrating that LCF have ripped so many people off by investing in unsuitable, unregulated and risky products. I reported London Capital Finance to the FCA back in 2017 yet it took them nearly 2 years to take action. I could see the potential disaster unfolding and warned on this blog about London Capital Finance Bonds before reporting them but sadly action was too late. Other companies have also been reported so hopefully the FCA news yesterday will lead to some action before more savers get duped into investing beyond their risk tolerance. London Capital Finance Bonds - What are the Risks? There have been lots of questions on MSE & BondReview website from people who don't seem to be aware of the risk profile of the bonds that LCF offered and the differences between bonds and ISAs. There are 3 main types of ISA - cash, stocks and shares and IF (Intelligent finance P2P Lending). Many people seem to assume if the word ISA ...