Angry Arch cru investors take case to police

Laura Miller
clock • 2 min read

A number of beleaguered investors in the suspended CF Arch cru fund range have taken their case to the police, demanding charges be brought for "bad investment advice".

The news comes as lawyers for cru Investment Management director Jon Maguire prepare court orders to force financial companies linked to the failed CF Arch cru fund range - Arch, Capita, HSBC and BNY Mellon - to disclose their involvement in the scandal. Cleveland police confirmed four individuals arrived at their Middlesbrough headquarters to report "bad investment advice" relating to the Arch cru funds. A spokesman says it has referred the individuals to the FSA, saying the charges relate to a City of London corporation. Meanwhile, Foot Anstey, the lawyers acting for Maguire ...

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