A RINGWOOD man is one of nine suspects arrested in connection with fraud, money laundering and insolvency offences involving millions of pounds following raids across three counties.

Three men, aged 50, 53 and 55, and two women, aged 34 and 50, were detained at addresses in Poole. On the same day a 37-year-old man and a 35-year-old man from Bournemouth were arrested.

A 36-year-old Ringwood man and a woman from Essex were also detained during the joint Dorset Police and Department of Business, Innovation and Skills operation.

Detective Inspector Craig Travers said: “The offences relate to mortgage frauds between 2004 and 2008, concealment of assets during bankruptcy proceedings in 2008 and the subsequent laundering of those assets.

“The nine arrested people have been released on bail pending further police inquiries.”