Stoke & Staffordshire

Rugeley hot tub firm files for bankruptcy

A hot tub company whose trading activities are being investigated by police has filed for bankruptcy.

The investigation into the Trade Price Group, based in Rugeley, Staffordshire, has been carried out in conjunction with Trading Standards.

Earlier this month four men and a woman were arrested in Staffordshire and the West Midlands on suspicion of conspiracy to defraud.

They have been placed on police bail until January.

Solicitor, Paul Nichols, who represents more than a hundred customers said news of the firm's demise has affected people nationwide.

"I'm acting for about 130 clients, from the top of Scotland right down into France, across Wales and right across the other side of the country as well and the Channel Islands," he said.

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