Three weeks ago, Blackmore Bond’s mini-bond investment scheme collapsed into administration. The Financial Conduct Authority was warned three years ago about one of the boiler room operations that was cold calling pensioners to persuade them to invest in Blackmore Bond. But the FCA took no action.
Comments on this post up to August 2020 are available here: https://archive.ph/wyavp#selection-1297.4-1297.15