RE: Brokers gone bust SVS/Beaufort6 Mar 2020 11:05
Extremely frustrated of progress of Leonard Curtis at snails pace. Unable to off load sinking stocks and watching my savings and investments go down daily is painful. My frozen 50k holdings are down as much as 40%, all thanks to stupid FCA inactions and Corona Virus. In the mean while Leonard Curtis are running up a tab at £500 an hour, sent us a progress update for their bill in millions. There's no legal protection for clients. FOS, FSCS, FCA are just running a scam operation to provide a false sense of security while investors are fleeced. All for what? some other scam artist who conned big govt/institutions of carbon credits and fled with the money. I did not make the decision to allow carbon credits trading, SVS did! FCA slept through all this scam while it happened some years ago.
Who are they (FCA) fooling with this >>> ??? 'Acting on intelligence received about the assets in which SVS invested its clients’ money, we conducted urgent supervisory work and identified serious concerns about the way in which the business was operating.'