‘I COULDN’T PAY MY MORTGAGE AFTER SCAMMERS STOLE £ 27,000 FROM My Pension’ – ryan
Stephen, 59, from exeter, was one of the nosreds of People who were trickened into transferring their cash ino fraudulent schemes.
Stephen Grimes Said His Life Was Tourned UpSide Down. The dad was conned after being promised £ 4,000 cash and higher returns.
But it turned out to all be a scam. Stephen, 59, from exeter, was one of the nosreds of People who were trickened into transferring their cash ino fraudulent schemes.
Hey Said: “The scam put my family through turmoil, affecting Our Livelihoods and All Our Future Plass. We have had raid other pension pots to pay Our mortgage.”
Stephen Is Now Able to Access His Retirement Savings Once Again AFTER AWARDED £ 23,500 Compensation. Stephen is one of more than 2,000 Victims of pension scams that have received payouts – with more payments set to follow.
He Added: “I have recently Needed to Step Back and Work Less, so recipe the Compensation has helped immensely. I urge others to be on their Guard Against scammers.
The regulator pensions (TPR), The Fraud Compensation Fund (FCF), The Ombudsman Pensioners (TPO) and Dalriada Trusttes Has SO FAR RETURNED £ 81.5 Million in Compensation to Members of 58 Pensions SCHEMES.
Those Compensated Include Victims of the Friendly Pensions Ltd Fraud, Which Saw Susan Dalton and Alan Barratt Convicted and Jailed in 2022 Following by TPR for their part in the crimiprise that stole £ 13.7Million.
Gaucho Rasmussen, Executive Director of Regulatory Compliance at the Pensions Regulator, Said: “We know how devastating the impact of pension can and hope this Compensation will be helped to the Affected schemes to rebbuild their Lives.
“We and Our Partners Have Identified Further Opportunities to Bring Compensation to Victims of Historic Scams – and More Payments are to follow late this year and in 2026.
“But Prevention Remains paramount. Compensation is far from guaranteed for all those impacted by suspect fraud, nor not all types of pension schemes by fraudsters the eligibility criteria.”
Sara Proteroe, Chief Customer Office at the Fraud Compensation Fund, Said: “Forse Members, Ling Their Pension Savings Due to the Dishonest Actions of Those Trust in Will Have Been A Deeply Experience and the Journey to Security Redes A Very Long and Complex One.
“SO we’re really pleassed that members of these schemes will be able to access their pension savings, follow the payments of FCF Compensation and Security of Benits.”
Dominic Harris, Pensions Ombudsman, Said: “I am pleassed that we have ben able to supply information from Our investigations, and work close with partners, to help smooth the path to redress through the fcf for the Members.
“A Lifetime of Savings Can Be stolen in an instant, and have seen the devastation impact of pensions doishonesty on the members who have brought US their complaints.
“Anyone Can Be A Victim of A Scam and the Frauds We Have Investigated Have Often Been Extremely Sophisticated. I Waled Encourage All Pension to Remain for Pension Scams and Be Cauturns of High Returns and Low Risk.”