Fraudster crackdown after two jailed for scamming savers out of £13.7million | UK | News | EUROtoday

Fraudster crackdown after two jailed for scamming savers out of £13.7million | UK | News
 | EUROtoday

Spain-based pair Alan Barratt, 62, and Susan Dalton, 66, who tricked 245 folks into transferring their pension pots into fraudulent schemes, have been final week put behind bars for his or her crimes.

Mr Opperman stated their sentencing was “good news for pension savers and law-abiding citizens across the country”.

Barratt and Dalton have been a part of a prison enterprise which persuaded folks to switch their pension financial savings, price round £55,000 on common and with a complete worth of £13.7 million, into the rip-off schemes.

Mr Opperman stated: “These scammers deceived hundreds of savers, depriving them of security in retirement through their despicable actions. As minister for pensions, one of my key priorities is making sure people are protected from the devastating impact of pension cons and the callous crooks responsible for them.”

He stated pension trustees have already been given new powers to intervene in the event that they “suspect someone’s hard-earned pension savings will end up in a fraudster’s grubby fingers”.

The Government’s Online Safety Bill, he added, will crack down on “dodgy adverts” which “lure people into these rip-offs”.

https://www.express.co.uk/news/uk/1600109/Fraudster-Pensions-savers-criminals-jail-scam