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

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

First seen · 4:19 PM UTCMay 11, 2026

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Financial Times
Center-RightNikkei Inc.
MFS owner accused of ‘plundering’ company to fund ‘lavish lifestyle’Administrators file lawsuit alleging at least £1.3bn ‘misappropriated’ from collapsed mortgage firm
4:19 PM UTC

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