Owner Of Failed UK-Based Private Lender MFS Hit With Worldwide Asset Freeze
When we reported on the collapse of the first major UK-based private credit lender, Market Financial Solutions (or MFS), the UK mortgage lender that borrowed more than £2 billion ($2.7 billion) from Wall Street backers, and which collapse in spectacular fashion, we pointed out that the mastermind behind the operation, Paresh Raja, may have opportunistically fled to Dubai, although he may have since fled again for obvious reasons.
Now, Bloomberg reports that officials overseeing the wind-down of have obtained a worldwide asset-freezing order against owner Paresh Raja. Courts in London and Dubai granted the order, according to a spokesperson for AlixPartners, the insolvency firm appointed by creditors to oversee the insolvency of MFS.
MFS borrowed from Wall Street banks and investment firms including Barclays and Apollo’s Atlas SP Partners unit. The London-based firm collapsed Feb. 25 amid allegations of wrongdoing.
Creditors have since alleged that they’re facing possible losses of at least £1.3 billion.
“We welcome the granting of these applications which follow two weeks of intense analysis and investigation into the operations and affairs of MFS and Paresh Raja,” the spokesperson for AlixPartners said in a statement.
“This is an important and significant step in this very complex situation, and the support of the courts is critical as we continue our pursuit of the best possible outcome for all creditors of both MFS and its associated companies.”
A spokesperson for Raja declined to comment and a London court didn’t respond to an email requesting the freezing order. The Financial Times first reported the freezing order.
Tyler Durden Thu, 03/19/2026 – 04:15
Source: https://freedombunker.com/2026/03/19/owner-of-failed-uk-based-private-lender-mfs-hit-with-worldwide-asset-freeze/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Before It’s News® is a community of individuals who report on what’s going on around them, from all around the world. Anyone can join. Anyone can contribute. Anyone can become informed about their world. "United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
LION'S MANE PRODUCT
Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules
Mushrooms are having a moment. One fabulous fungus in particular, lion’s mane, may help improve memory, depression and anxiety symptoms. They are also an excellent source of nutrients that show promise as a therapy for dementia, and other neurodegenerative diseases. If you’re living with anxiety or depression, you may be curious about all the therapy options out there — including the natural ones.Our Lion’s Mane WHOLE MIND Nootropic Blend has been formulated to utilize the potency of Lion’s mane but also include the benefits of four other Highly Beneficial Mushrooms. Synergistically, they work together to Build your health through improving cognitive function and immunity regardless of your age. Our Nootropic not only improves your Cognitive Function and Activates your Immune System, but it benefits growth of Essential Gut Flora, further enhancing your Vitality.
Our Formula includes: Lion’s Mane Mushrooms which Increase Brain Power through nerve growth, lessen anxiety, reduce depression, and improve concentration. Its an excellent adaptogen, promotes sleep and improves immunity. Shiitake Mushrooms which Fight cancer cells and infectious disease, boost the immune system, promotes brain function, and serves as a source of B vitamins. Maitake Mushrooms which regulate blood sugar levels of diabetics, reduce hypertension and boosts the immune system. Reishi Mushrooms which Fight inflammation, liver disease, fatigue, tumor growth and cancer. They Improve skin disorders and soothes digestive problems, stomach ulcers and leaky gut syndrome. Chaga Mushrooms which have anti-aging effects, boost immune function, improve stamina and athletic performance, even act as a natural aphrodisiac, fighting diabetes and improving liver function. Try Our Lion’s Mane WHOLE MIND Nootropic Blend 60 Capsules Today. Be 100% Satisfied or Receive a Full Money Back Guarantee. Order Yours Today by Following This Link.
| Visits: | 1,793,126,717 |
| Stories: | 8,615,115 |
Whistler Blowers, Insiders
