Three Arrested in £76m Luxury Care Home Fraud Investigation

The Serious Fraud Office has made arrests and seized assets, including a private jet and yachts, in a probe into the Carlauren Group's alleged fraud.

The Carlauren Group is accused of a £76m fraud involving investments into luxury care homes, leading to the arrest of three individuals.
Over four years, the group purchased 23 properties, mostly former hotels, but only nine became operational care homes.
Investors were promised annual returns of 10% and luxury amenities for residents, but many were left out of pocket after the group's collapse.
Assets including two Lamborghinis, a McLaren 570GT, a private jet, and two yachts have been seized as part of the investigation.
The SFO's actions mark a significant step towards addressing the turmoil caused by the Carlauren Group's collapse, affecting elderly residents and investors.