Serious Fraud Office Investigation into London Capital Finance
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 I was given over a month ago but was unable to publish at the time. It's not yet been confirmed who the 4 individuals were but it would be likely to include Andy Thompson and the other LCF directors who live in Kent and the Kent/Sussex borders. We have no information whether it also includes Paul Careless of Surge Financial who is also based in Sussex. The press release reads: The Serious Fraud Office, working in conjunction with the Financial Conduct Authority, has opened an investigation into individuals associated with London Capital & Finance Plc. On 4 March 2019, fou...