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Wellesley Finance – finally admits it is bust: 4 kills out of 4 for the Sheriff of mini-bonds, more disgrace for FCA

Tom Winnifrith
Friday 25 September 2020

I have been warning about Wellesley Finance Plc since Sunday 17 February 2019.  It was the third in a series of articles I wrote about mini bond lenders in early 2019, starting with London and Capital Finance Plc, then Blackmore Bond Plc, and finally Bassett & Gold Plc with the other three now all in administration with substantial losses of investors capital. Now its 4 from 4 – ouzo at the Sheriff of mini bonds towers! And, again, the FCA has fecked it up whden it comes to ignoring clear warnings and its basic job of protecting investors.

About Tom Winnifrith
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Tom Winnifrith is the editor of TomWinnifrith.com. When he is not harvesting olives in Greece, he is (planning to) raise goats in Wales.
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