Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
We have been telling you this for months but the Serious Fraud Office (SFO) has just announced that it is investigating Quindell (QPP). Oh dear Rob Terry perhaps not a day for dropping the soap jokes is it?.
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Comments
DUCK AND DIVE
Justice won’t come swiftly, unfortunately. The SFO moves slowly/carefully at the best of times but the complexity of the Swindell web could mean we wait for 2-3 years for charges to be brought.
Smudgedan
Interesting that Kate Roy who was the sometime COO of Quindell has deleted that part of history from LinkedIn. Now COO of Willis Group Limited, bet they are hoping this all goes away or nobody twigs…