Michael Thomson, former chief executive of investment firm London Capital & Finance, has been handed a 10 month sentence, suspended for two years, after breaching a restraint order imposed on his bank account.
The Serious Fraud Office (SFO) had frozen Mr Thomson’s assets as part of its investigation into suspected fraud and money laundering at LCF, where 11,000 investors lost in excess of £237 million between 2014 and 2019 in a mini-bond scheme.
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