Creditors of collapsed MFS claim £1.3bn shortfall
Some £238mn is unaccounted for by entities tied to UK bridge-loan provider, creditors allege in court filings
Some £238mn is unaccounted for by entities tied to UK bridge-loan provider, creditors allege in court filings

Creditors owed more than £2bn have made allegations of fraud at insolvent business

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

Collapsed Market Financial Solutions extended mortgages to entities tied to defendant in Michael Adams case

Collapse of UK bridging loan specialist has sent reverberations across Wall St amid fears of weak underwriting standards

Investigation follows failure of Mayfair-based lender and linked companies owned by founder Paresh Raja

High-octane area of mortgage market under scrutiny following messy collapses