Two pension fraudsters have been ordered to hand over the majority of their assets after a Proceeds of Crime Act (POCA) investigation by The Pensions Regulator (TPR), with the money to be returned to the pension schemes affected by the duo.
The successful conclusion to the investigation also means that Dalriada Trustees, the independent trustees running the affected schemes, can now take steps to further progress the claims on the Fraud Compensation Fund.
https://pensionsage.com/pa/Pension-fraudsters-ordered-to-hand-over-assets-following-tpr-probe.php