Thirteen people including a former UK energy minister are being sued for £178m in connection with an alleged fraud at London Capital & Finance, where investors’ cash is said to have been used to buy horses, a helicopter and lifetime memberships to Annabel’s, the Mayfair private members’ club.

https://www.ft.com/content/93dd8947-3188-4510-adbc-95b1c1549eb6?segmentId=bf7fa2fd-67ee-cdfa-8261-b2a3edbdf916