Savers lost fortunes in ‘Friendly Pensions’ scam

Chelmsford

Two fraudsters are facing jail today (fri) for their involvement in a £14m scam which saw the boss of a company called ‘Friendly Pensions’ kill himself. Alan Barratt, 62, and Susan Dalton, 66, persuaded 245 victims to part with their savings between 2012 and 2014. Mastermind David Austin, 52, a former bankrupt who had no experience running an investment firm ran Friendly Pensions Ltd. Austin was due to be interviewed under caution when he committed suicide in 2019, Southwark Crown…

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