: The administrators are responsible for recovering funds from outstanding loans and distributing them to creditors according to the Financial Conduct Authority (FCA) guidelines.
: Approximately 3,500 investors were left with outstanding loans totaling roughly £80 million. fundingsecure.com/pawnbroker
: Factors included a high number of borrower defaults and costly ongoing litigation, such as a major fraud lawsuit involving millions in missing art collateral. Guidance for Investors and Borrowers : The administrators are responsible for recovering funds
: CG Recovery Ltd was appointed to manage the wind-down of the company. Guidance for Investors and Borrowers : CG Recovery
: Former customers or investors seeking updates should refer to the official administrators' portal or contact their support team at customerservices@fundingsecure.com.
: On October 23, 2019, FundingSecure Ltd was placed into administration .
AI responses may include mistakes. For financial advice, consult a professional. Learn more