A former owner of the famous Norton Motorcycles company is to be prosecuted for allegedly illegally investing money in the business from three pension schemes for which he was the sole trustee.

A major trial involving an alleged £13.7m pension transfer fraud has been set to take place in June 2022 after three people appeared in court this week.

Three people have appeared in court in London today in connection with an investigation into an alleged £13.7m pension fraud. 

A 61-year-old man has been extradited from Spain in connection with a £13.7m pension fraud prosecution being brought by The Pensions Regulator (TPR).