Cayman ‘rescue fund’ for Centaur litigation funding fraud fails to meet £6 m minimum subscription

An attempt to raise at least £6 million from victims of the Centaur Group litigation funding fraud by March 31st to fund a dubious Cayman Islands-domiciled ‘rescue fund’ failed – so the three Australia-based businessmen behind the scheme – Simon Franklin, Stuart Hackett and Klaus Selinger – extended the deadline to April 17th.