The Story
The Story

INVESTIGATION: Inside Britain’s biggest Ponzi scheme

Apr 07, 2026 · 35m

<p>Thousands of pensioners invested their life savings into London Capital and Finance before it was revealed to be the UK’s biggest ever Ponzi scheme. Now, new Times reporting shows how the millions in investments were lavishly spent by LCF’s founders. So how was a scheme on this scale allowed to take root in the first place?</p><br><p><em>This podcast was brought to you thanks to the support of readers of The Times and The Sunday Times. Subscribe today: </em><a href="http://thetimes.com/thestory" rel="noopener noreferrer" …

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