Police arrest 13 people linked to £2.8m investment scam
The City of London Police have arrested 13 people in relation to a multi-million investment scam.
Earlier this morning, a nationwide fraud operation with 120 police officers across England arrested the men on suspicion of defraud and money laundering.
The gang behind the alleged fraud is believed to have run four boiler rooms, cold-calling people to sell them investments in gold leasing and airtime minutes in mobile phone operators through fraudulent companies called Demmore Ltd, Simply Airtime, S+E Future and Vodacell.