Two arrested as TPR probes suspected £18m pension fraud

370 people may have transferred

James Phillips
clock • 1 min read

Six people have been questioned by police as part of a joint operation with The Pensions Regulator (TPR) investigating a suspected pension fraud.

Around 370 people are believed to have transferred around £18m into eight pension schemes under investigation, with these funds then passed on to companies connected to the suspects in the investigation. In a TPR-led joint operation with Essex Police, three men and one woman were interviewed under caution on suspicion of fraud offences, and a further two men were arrested and questioned before being released pending further investigation. The operation also saw search warrants executed at two resident addresses and one business address in Essex on 11 December. The investigation was...

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James Phillips
Author spotlight

James Phillips

Professional Pensions journalist from 2016-2022

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