• Business

    Founder of London Capital & Finance marketer Surge targets poor for rentals

    The founder of Surge Financial, the marketing company responsible for putting thousands of investors into London Capital & Finance and Blackmore Bonds before they collapsed, is now running a business charging poor people high prices for rent-to-own household goods. Kerry Venn was chief operating officer at Surge, which used sophisticated marketing techniques on social media and Google to target sales literature often at elderly customers who now face the loss of most of their savings with the firms. She worked closely alongside Paul Careless, who later ran Surge and was arrested last year pending investigation into the collapse of LCF. Careless denies any wrongdoing. Surge did not handle client money…

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