A 52-year-old man from Cheadle Hulme has been arrested on suspicion of fraud after a 74-year-old man was targeted by bogus workmen, who tricked him into thinking he needed thousands of pounds worth of work done to his home in Bootle, The Wirral.
The pensioner was conned out of almost £350,000 in total between March 2016 and January this year.
An investigation was launched by Merseyside Police and officers searched five addresses in Greater Manchester.
A 52-year-old man from Cheadle Hulme was arrested on suspicion of fraud on Tuesday before being taken to custody at a Merseyside police station and was later bailed pending further enquiries.
Det Insp Graeme Towndrow from Merseyside Police said: “This was a heinous and despicable crime targeting a vulnerable man in his seventies, who has now lost his life’s savings.”