In December 1991, Ian Maxwell and Kevin Maxwell were investigated by the Serious Fraud Office and both resigned from MGN and MCC. The Daily Mirror by now had completely reversed its original opinion of Maxwell as saviour of MGN, describing instead the fraud perpetrated by Robert Maxwell on MGN. With the revelation that something like 30,000 pensioners (Davies, 1993: 41) had badly lost out as a result of the Maxwell fraud, public sentiment turned against Maxwell.