Firms linked to founder of collapsed West Ham sponsor Basset & Gold "made millions" from fees

Administrators to the collapsed London pensioner bond firm Basset & Gold are examining why companies linked to the founder charged a fee of 20% - potentially 7 million - for investing its savers' money.The West Ham sponsor collapsed last month amid allegations of mis-selling as it emerged nearly all of the tens of millions of pounds savers had put into the scheme had been invested into lossmaking payday lender Uncle Buck. Uncle Buck went bust in March, triggering Basset & Gold's demise.
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