Cowbridge man arrested in £1m investment fraud inquiry
A man has been arrested on suspicion of investment fraud in excess of £1m, say South Wales Police.
The unnamed 47-year-old, from Cowbridge, Vale of Glamorgan, was arrested and computer equipment seized after officers searched domestic and commercial premises in the area.
The alleged offences are said to have taken place over a four-year period and involve six south Wales families.
The suspect is in custody at Cardiff Bay police station.