Michael Thomson, aged 53, the former CEO of London Capital & Finance, has been sentenced to six months in prison for concealing thousands of pounds through lavish spending on horses, holidays, and luxury items. His wife, Debbie Thomson, also 53, received a suspended six-month sentence. The couple's actions were in violation of a court restraint order linked to an ongoing investigation by the Serious Fraud Office (SFO) into suspected fraud and money laundering at their firm, which collapsed in January 2019, leading to losses of over £237 million for 11,605 investors. The court heard that the Thomsons sold items worth nearly £5,800 and received a £2,000 holiday refund while under investigation. Judge Alexander Milne described their actions as serious contempt of court, noting that they had caused significant financial loss, estimated at over £100,000 in assets. The SFO's head of proceeds of crime stated that the outcome serves as a warning against attempts to obstruct investigations. The couple's separation and Debbie's mental health issues were considered during sentencing, with her counsel highlighting her responsibilities towards their teenage daughter.