Former boss of collapsed investment firm jailed for illegally selling hot tub

Michael Thomson admitted to breaching a restraining order by selling a range of luxury items The former boss of collapsed investment firm London Capital & Finance (LC&F) has been imprisoned for six months for contempt of court, after admitting breaching a restraining order by selling luxury items including horse saddles and a hot tub. Michael Thomson’s actions were characterised by Judge Milne as an attack on the administration of justice . Thomson was sentenced alongside his wife, Debbie, who also admitted to the offences but whose six-month sentence was suspended for a period of two years. Continue reading...

Original source: Guardian