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Swansea-based adviser arrested on suspicion of fraud

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A Swansea-based financial adviser and stockbroker has been arrested on suspicion of fraud.

The South Wales Evening Post reports John Evans was questioned over a number of investments made in a company based in South Africa.

The 56-year-old has since been released on bail.

South Wales Police told the paper: “A 56-year-old man from Swansea has been arrested on suspicion of fraud. He has been released on police bail pending further inquiries.”

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