Serious Fraud Office conducts raids over scheme by Buy2Let Cars owner

Activities of Raedex Consortium, which runs a string of companies, under investigation

The Serious Fraud Office has made an arrest and raided two residential premises as part of an investigation into a company that operated a car hire investment scheme promising returns of up to 11% a year.

The SFO is investigating the activities of Raedex Consortium, which runs a string of companies including Buy2Let Cars, PayGo Cars, Wheels4Sure and Rent2Own Cars.

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