Former London Capital & Finance head jailed for breaching order on sales
By Martin Coyle ( May 21, 2026, 15:36 GMT | Insight) -- The former head of London Capital & Finance has been jailed for six months for breaching an order preventing him selling items while the UK's fraud agency investigated the high-profile collapse of the investment firm. LCF, which marketed and sold high-risk mini-bonds, collapsed in 2019 owing investors hundreds of millions of pounds in what the UK High Court has said was a fraudulent Ponzi scheme.The former head of London Capital & Finance was jailed for six months on Thursday for breaching an order preventing him selling items while the UK's fraud agency continued to investigate the high-profile collapse of the investment firm....
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