Blackmore Bond Plc was incorporated in 2016 and went into administration in April 2020. Between 2018 to 2019 Blackmore managed to raise £46 million in loans, known as mini-bonds from retail clients and individual investors. They were repeatedly assured that their investments would be repaid on time with regular interest payments. Unfortunately, they would be receiving no money from the £46 million they invested. As Blackmore was not authorized by the FCA, neither were the mini-bonds it sold. As a result, according to the Financial Service Compensation Scheme (FSCS) website the customers won’t be able to claim compensation through the FSCS. Although, Blackmore used to co-operate with different authorized or unauthorized firms such as Amyna Ltd in order to advertise its mini-bonds. Some of these unregulated firms were able to do regulated activities as the appointed representative of other firms.If this is the case you would be able to claim compensation through the FSCS.