Trustees jailed for ten years over £13.7m pension scam

Hope William-Smith
clock • 3 min read

Two former trustees have been sentenced to serve jail time for fraud by abuse of position as part of a criminal prosecution brought by The Pensions Regulator (TPR) at Southwark Crown Court (pictured) on 22 April. 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 the...

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