Owner Of Failed UK-Based Private Lender MFS Hit With Worldwide Asset Freeze

Owner Of Failed UK-Based Private Lender MFS Hit With Worldwide Asset Freeze When we reported on the collapse of the first major UK-based private credit lender, Market Financial Solutions (or MFS), the UK mortgage lender that borrowed more than £2 billion ($2.7 billion) from Wall Street backers, and which collapse in spectacular fashion, we pointed out that the mastermind behind the operation, Paresh Raja, may have opportunistically fled to Dubai, although he may have since fled ...

By Tyler Durden