Two scammers jailed after coaxing savers to transfer £1m to fake scheme

Victoria Tichá
clock • 2 min read

Two men were sentenced to jail after luring 16 victims into transferring nearly £1m of their pensions into a non-existent occupational scheme in an "elaborate" liberation scam.

The partners in crime were Anthony Locke, who was found guilty of 23 counts of fraud by false representation and three counts of money laundering, and his employee, Ray King, found guilty of 14 cou...

To continue reading this article...

Join Professional Pensions

Become a Professional Pensions Lite Member today

  • Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
  • Receive important and breaking news stories via our two daily news alerts
  • Hear from industry experts and other forward-thinking leaders

Join now

 

Already a Professional Pensions
member?

Login

More on Law and Regulation

UK pension reform – the case for further consolidation

UK pension reform – the case for further consolidation

Argi Sampedro argues scheme scale will help managers implement better portfolios

Argi Sampedro
clock 17 January 2025 • 10 min read
The full list of pensions ministers since 1998

The full list of pensions ministers since 1998

The full list of the ministers who have been responsible for pensions

PP Staff
clock 14 January 2025 • 1 min read
Government confirms it will maintain pension fund clearing exemption

Government confirms it will maintain pension fund clearing exemption

Announcement follows industry representation on the issue

Professional Pensions
clock 10 January 2025 • 2 min read
Trustpilot