Financial Services Compensation Scheme
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FSCS on LC&F investments
The FSCS do not appear to be treating all investors of London Capital Finance fairly all investors are eligable for compensation not certain ones which appears to be what is taking place. I received a call from LC&F telling me how investing with them was as safe as it could be it was also FCA regulated so i invested Then they said they were now FCA regulated for taking out ISAs . Now FSCS are saying that it is not their responsibility to reimburse the investors even though we were misled by the FCA with their name on the literature of the various investments they appeared to be endorsing the LC&F for invest on the basis it was FCA regulated. . But the FSCS dont consider that all investors only some should have their money returned, but all the investments were FCA regulated so all investors were misled and should be compensated.