ERSOU launch investigation into Suffolk based financial company

Mon 15th, Oct

A large-scale investigation has been launched by the Eastern Region Specialist Operations Unit (ERSOU) into a Suffolk based financial company.

More than 100 reports of possible fraudulent activity have been received in relation to Universal Wealth Management and associated companies. The investigation was initially undertaken by Suffolk Constabulary before being passed to ERSOU due to its scale. ERSOU are now in the process of examining the contents of hundreds of boxes of files that have been seized by police. Detective Inspector Rob Turner, leading the investigation, said: “Investigations of this type are very complex and by their nature are likely to be long-running. “I understand the concerns of those who have had dealings with this company and I’d like to reassure people that we are taking this matter seriously. “We’re working closely with a number of partner agencies to ascertain the facts and we will endeavour to keep those affected updated as and when we have any further information. “We’d urge anyone who has concerns, who has not yet made a report, to get in touch with Action Fraud who will then pass the information to ourselves.” Two people have been arrested in connection with the investigation and have been released under investigation. Anyone with information or who wishes to report a concern is asked to contact Action Fraud on 0300 123 2040 or via the Action Fraud website.