This is the new MLex platform. Existing customers should continue to use the existing MLex platform until migrated.
For any queries, please contact Customer Services or your Account Manager. Dismiss

Former London Capital & Finance chief avoids jail after hiding cash from UK investigators

By Martin Coyle ( May 17, 2023, 14:19 GMT | Insight) -- The former head of collapsed investment company London Capital & Finance escaped a jail sentence today, despite having hidden tens of thousands of pounds from UK fraud investigators, spending that money on luxury holidays, among other things. Michael Thomson's assets were frozen by Serious Fraud Office investigators examining suspected fraud and money laundering at LC&F.The former head of collapsed investment company London Capital & Finance escaped a jail sentence today, despite having hidden tens of thousands of pounds from UK fraud investigators, spending that money on luxury holidays, among other things....

Prepare for tomorrow’s regulatory change, today

MLex identifies risk to business wherever it emerges, with specialist reporters across the globe providing exclusive news and deep-dive analysis on the proposals, probes, enforcement actions and rulings that matter to your organization and clients, now and in the longer term.


Know what others in the room don’t, with features including:

  • Daily newsletters for Antitrust, M&A, Trade, Data Privacy & Security, Technology, AI and more
  • Custom alerts on specific filters including geographies, industries, topics and companies to suit your practice needs
  • Predictive analysis from expert journalists across North America, the UK and Europe, Latin America and Asia-Pacific
  • Curated case files bringing together news, analysis and source documents in a single timeline

Experience MLex today with a 14-day free trial.

Start Free Trial

Already a subscriber? Click here to login