The Financial Services Compensation Scheme has issued a rare public warning about scammers targeting victims of mini-bond provider London Capital & Finance (LCF).

The Serious Fraud Office has secured a suspended 10 month prison sentence against Michael Thomson, the former CEO of failed mini-bond provider London Capital & Finance (LCF).

The FSCS is to close its compensation scheme for victims of the failed £237m mini-bond provider London Capital & Finance (LCF).

The Financial Services Compensation Scheme is set to close the London Capital & Finance (LCF) scheme it set up to provide redress to victims of the firm’s collapse.