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Regulator "flawed approach" to minibond firm

FCA criticised for handling of LCF, the rise in illegal loan sharks targeting people via social media and more than 80% of online adverts on two major rental sites say 'no DSS'.

A damning report by Dame Elizabeth Gloster finds that the financial regulator failed nearly 12,000 people who lost up to 拢237 million after an investment scheme collapsed. How have those who lost money reacted to her findings?

A search through 390,000 online adverts for rented homes reveals that on two websites more than 80% discriminate against people on benefits.

And concerns from the team dedicated to chasing, catching and prosecuting illegal loan sharks about the rise of people being targeted via social media.

Presenter: Paul Lewis
Reporters: Ben Carter and Maryam Ahmed
Producer: Darin Graham
Series Producer: Alex Lewis
Editor: Emma Rippon

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31 minutes

Last on

Sun 20 Dec 2020 21:00

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  • Sat 19 Dec 2020 12:04
  • Sun 20 Dec 2020 21:00

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