Taylor Moor Ltd., which received commissions of more than £1.8 million from distributing Axiom Legal Financing Fund before going into liquidation last month, did not ultimately benefit from the Fund and is a "victim", says the firm's Managing Director, Malcolm Dixon.
British fund distributor Taylor Moor Limited, which helped to raise most of the estimated £117 million that was invested in Cayman Islands-based Ponzi scheme Axiom Legal Financing Fund, has gone into liquidation. Cayman Islands law firm Harneys is the biggest trade creditor.