POLICE have arrested two people in connection with an ongoing fraud probe involving Washington Mortgage Centre.
The arrests are part of an investigation into allegations of a large-scale fraud, which has so far seen more than 40 people come forward, concerned over investments they made with the company.
A 49-year-old man was yesterday arrested on suspicion of fraud and a 41-year-old woman arrested on suspicion of money laundering.
Both come from the County Durham area.
Detective Chief Inspector Christina Barrett said: “We know that a lot of people are very concerned about their dealings with this business, often involving large sums of money.
“So far, more than 40 people have approached us and we are still appealing for anyone with concerns to get in touch.
“We have received a number of allegations of financial irregularity relating to investments made through the Washington Mortgage Centre over a number of years.
“Our investigations are continuing and it is too early to give further details in terms of the sums of money involved.
“I would like to appeal for anyone who has been involved financially with the Washington Mortgage Centre and who has any concerns to contact one of our officers on the 101 non-emergency number.”
The business was based in The Galleries shopping centre, in Washington, until earlier this year.