Like London and Capital Finance (LCF) which has now collapsed into administration and is under FCA investigation, Blackmore Bond Plc also offers high yield bonds. It is currently offering 3 Year loans offering 7.9% every year with interest paid quarterly and 5 year bonds offering 9.9% every year paid quarterly. LCF’s 14,000 bondholders now face an almost certain capital loss on their “safe” investments
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