Missing Park Group Christmas cash 'devastation'
27 September 2013 Last updated at 15:34 BST
Members of a savings club near Merthyr Tydfil have spoken of their devastation after finding money they had paid into a Christmas fund has gone missing.
Several families from Treharris who thought they were saving with vouchers company Park Group fear they have lost between £300 and £800 each.
A 36-year-old woman has been arrested by South Wales Police in connection with a number of allegations of theft.
A spokesperson for Park Group said it was cooperating with a police inquiry.
Tomos Dafydd reports.