The investigation is complete and the report has been published here. Further emails to the investigation will not receive a response.

Engagement with Bondholders has been very helpful to the Investigation. Information and evidence provided by Bondholders, particularly about their interactions with the FCA, informed many of the findings expressed in the Report. Dame Elizabeth appreciates that the collapse of LCF has had a significant impact on the physical and mental wellbeing of a number of Bondholders and she wishes to thank all Bondholders who have engaged with the Investigation, whether via email, letter, in person at the Bondholders’ meeting in January 2020 or otherwise.  Dame Elizabeth and the Investigation Team would also like to thank all those bondholders and others who, following the publication of the Report, have contacted the Investigation to express their views.

In relation to compensation issues, we suggest contacting the Financial Services Compensation Scheme ( for any specific questions.

The administrators of LCF are working to maximise returns to Bondholders. Further details regarding the work of the administrators (including contact details) can be found at:

Information on the Serious Fraud Office investigation can be found here:

Additional support

We understand that the collapse of London Capital & Finance has had a substantial personal and financial impact upon the lives of bondholders.

Should you need advice on your finances and with debt management the following organisations may be able to help you:

Citizens Advice:

National Debt Line:


If you are struggling to cope and need emotional support the following organisations may be able to assist: