This article has been written by a bondholder in FRE Plc . The opinions expressed in this article are those of the investor. She has taken it upon herself to form a Facebook Group for FRE bondholders which can be accessed via this LINK. https://www.facebook.com/groups/freplcbondholdersforum In October 1992 I lost my 9 year old, diabetic … Continue reading FRE Plc – An Investor’s Story
Brev has now stepped away from Bondreview and we wish him/her all the best for the future. The site will now be managed by two independent volunteer moderators who support the Safe Or Scam effort to combat scams, but it will remain largely as it is now i.e a free information site allowing the public … Continue reading Bondreview in the Future
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Pardus Fixed Income Bond Company plc has delayed filing its first set of accounts for a second time in succession.
Pardus' last accounts were filed as a dormant company. As a PLC, its first accounts as an active company should have been filed nine months after the accounting date of January 2020, under the time limits specified in the Companies Act. That nine months already includes a three month extension granted by the Government due to Covid.
Instead, Pardus used a trick whereby it reduced its accounting period by a single day, which under the letter of the law grants it an extra three months to file its accounts. It has now repeated the trick, giving it another three months until the end of April 2021 (15 months after the last accounting period ended).Continue reading...
On Thursday 17th, Dame Elizabeth's Gloster's long awaited report into the £237 million collapse of London Capital & Finance was published.
The report is damning and makes very clear that the FCA bears a large part of the blame for LCF accumulating, and losing, as much investor money as it did.Continue reading...