FCA accused of 'hanging investors out to dry' in Panorama documentary

Focus on Blackmore Bond collapse

Jenna Brown
clock • 2 min read
FCA accused of 'hanging investors out to dry' in Panorama documentary
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FCA accused of 'hanging investors out to dry' in Panorama documentary

The Financial Conduct Authority (FCA) has come under fire in an episode of BBC’s Panorama for its failure to protect investors who lost a collective £46m when a property investment scheme collapsed.

The documentary showed how the FCA was alerted to the "boiler room" tactics being employed to market the Blackmore Bond but, the show said, it failed to act for two years. In the programme, the ...

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