Saturday, January 7, 2012

Fugitive UK fraudster found in Dominican Republic (AP)

LONDON ? British police say a fugitive multimillionaire fraudster has been arrested in the Dominican Republic, four years after he fled charges in the U.K.

Michael Brown was sentenced in his absence to seven years in jail in 2008 after he was convicted of fraud. Four former clients, including an ex-chairman of Manchester United football club, had accused Brown of duping them out of about 40 million pounds ($62 million).

City of London police said Friday that Brown had been detained in the Dominican Republic and that British authorities would be seeking his return to the U.K. to serve his sentence.

Brown donated about 2.4 million pounds to fund the 2005 national election campaign of Britain's Liberal Democrats, the third ranked party's largest ever donation.

Source: http://us.rd.yahoo.com/dailynews/rss/europe/*http%3A//news.yahoo.com/s/ap/20120106/ap_on_re_eu/eu_britain_fugitive_fraudster

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