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Manchester Evening News
Manchester Evening News
National
John Scheerhout

Seven people arrested over £8m north west property investment 'scam'

A man from Wigan and a woman from Cheshire have been arrested over alleged property fraud after investors were conned out of nearly £8m for apartment deals that were never completed.

The would-be investors were approached to purchase apartments advertised as 'off plan' with the promise of high rates of rental income once the sales were completed.

But the deals were never completed resulting in up to 100 investors being defrauded out of nearly £8m, according to the National Crime Agency (NCA).

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