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Letter to the FCA re paid thugs Nick Leeson & Seth Freedman protecting fraud and what it means for whistleblowing in London

Tom Winnifrith
Thursday 5 March 2026

The UK financial regulator the FCA has, quite correctly, taken big steps to encourage whistleblowing. It knows that if the London markets are to be credible and seen as credible then whistleblowers, and indeed, journalists need to be able to report investment and financial crime. The FCA will thus be horrified by today’s hard evidence publishedHERE that thugs Nick Leeson and Seth Freedman are taking money from fraudsters or investors in fraud to threaten me, but one suspects others, to protect fraud. In fact I know the FCA is horrified as I have been discussing this with it since last week. I have now written to its CEO Nikhil Rathi.

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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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