Pension rip-off merchant faces jail

  A businessman who cheated cash strapped pension holders out of £1m and blew the money cash on gambling, holidays and supercars is facing jail. Anthony Locke, 32, set up a website called ‘Successful Pensions’ to attract people who were desperate to raise money. With the help of Ray King, 54, he offered applicants an up-front payment equivalent to half of their pot. The remainder was ‘invested’ in another of their bogus eco-friendly firms which was described as an occupational…