“Mini-bond scheme collapses owing £45m to investors”

Apr 24, 2020 | Investments

Another week, another too-good-to-be-true investment scheme collapses. Once again, so-called ‘mini-bonds’, supposedly based on rock-solid property investments offering ‘attractive, guaranteed returns’. These things are unregulated, so shouldn’t qualify for compensation. But because some advisers became involved in the last scandal, London and Capital, the rest of us had to fork out to fund compensation. And here we go again.

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