BREAKING – Bucket shop stockbroker Pello Capital set to call in administrators Smith & Williamson tonight
By Tom Winnifrith | Tuesday 15 November 2022
Two distinct City sources have contacted me to say that controversial broker Pello Capital, founded by "colourful" broker Andy Frangos, has gone into administration. I have contacted Pello and can reveal that it is not yet in administration but will be tonight. Smith & Williamson will be doing the last rites.
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