hi i invested a lot of money into a 3 year bond with them and i have heard that the FCA are investigating them and in addition theFCA has imposed certain requirements them including it may not (without prior consent from the FCA) deal in anyway its assets including the money held in its bank accounts and must cease conducting regulated activity.
my bond has another 15 months to go so i called and got an answer machine stating you are unable to withdraw your funds.
Does anyone have any advise on if i have lost this investment or is there anything i can do to get my money?
If there is a joint case, please do let me know. Also I found this about the FCA undertaking an initial inquiry: https://www.fca.org.uk/news/statements/fca-statement-london-capital-finance
I understood they would be contacting us in September. I’ve not heard anything from them.