News Article

Fraud investigation in relation to property management firm in the BCP area – arrest update

Detectives from Dorset Police’s Economic Crime Unit have made two arrests as they continue to investigate allegations of fraud relating to a property management firm in the BCP area.

An investigation was launched following a number of reports received in relation to Initiative Property Management Limited, which mainly operates in the Bournemouth, Christchurch and Poole areas.

Following detailed enquiries, a Bournemouth man aged in his 30s has been arrested on suspicion of fraud by abuse of position, carrying on the business of a company with the intent to defraud creditors or for another fraudulent purpose as well as an offence of entering into or being concerned in the acquisition, retention, use or control of criminal property and an offence of concealing, disguising, converting, transferring or removing criminal property.

A woman aged in her 60s from Bournemouth has also been arrested on suspicion of entering into or being concerned in the acquisition, retention, use or control of criminal property.

They have both been released under investigation as the Economic Crime Unit continues to carry out enquiries.

Anyone with information relating to this matter is asked to contact Dorset Police at www.dorset.police.uk, quoting Operation Interest or occurrence number 55230141924. Alternatively, independent charity Crimestoppers can be contacted anonymously online at Crimestoppers-uk.org or by calling Freephone 0800 555 111.

 

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