MFS Owner Accused of Misappropriating £1.3 Billion from Collapsed Mortgage Firm

Administrators have filed a lawsuit alleging that the owner of the collapsed mortgage firm MFS plundered at least £1.3 billion from the company to fund a lavish lifestyle.

11 May, 16:19 — 11 May, 16:19

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FTVery High60d ago

MFS owner accused of ‘plundering’ company to fund ‘lavish lifestyle’

Administrators file lawsuit alleging at least £1.3bn ‘misappropriated’ from collapsed mortgage firm

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MFS Owner Accused of Misappropriating £1.3 Billion from Collapsed Mortgage Firm

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MFS owner accused of ‘plundering’ company to fund ‘lavish lifestyle’

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