Trustees jailed for ten years over £13.7m pension scam

Alan Barratt of Althorne, Essex and Susan Dalton of Rochdale, Lancashire were found guilty of fraud by abuse of position in breach of the Fraud Act 2006 after they were accused by TPR of persuading 245 savers to transfer pension savings totalling £13.7m into ten fraudulent workplace pension schemes between 2012 and 2014.  These schemes were controlled by the defendants in their capacities as trustees across all ten of the UK-based schemes - positions they operated from Spain where they had both been living. Following a lengthy procedure including a High Court case and Barratt's extrad...