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.
The Times is today reporting that the FCA first reported its suspicions that the 79th Group was a ponzi fraud to law enforcement agencies eight months before it collapsed in May 2025 with a black hole of 200 million quid emerging. That means that by September or October last year it knew that the 79th was a con. However…
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