Police are investigating after £300,000 was found to have been paid to a “deceased pensioner” in a potential fraud which began in the 1990s.
Officials from Glasgow city council, which administers the £20 billion Strathclyde Pension Fund to 250,000 members, raised concerns after being alerted to returned mail.
Newly published accounts reveal the fund discovered in February that one pension had been paid out “over a lengthy time frame” despite the intended recipient being long dead.
It is understood another family member had been collecting the cash since the 1990s.
The council’s internal auditors were then warned and the payments swiftly stopped.
Fraud involving dead pensioners is not uncommon, with relatives withdrawing money from bank accounts without informing the pension authorities of a death.
But
