Dominic Chappell, the former bankrupt who bought BHS for £1 from Sir Philip Green, has reportedly been arrested for failing to pay more than £500,000 ($630,000) in tax on money from the department store.
The Sunday Times reports that Chappell was arrested by HM Revenue & Customs (HMRC) in a dawn raid at his home in Dorset on 2 November.
An HMRC spokeswoman did not comment on the specifics of the arrest. In a statement to ITV, she said: “We do not comment on identifiable cases, but can confirm we arrested a 49-year-old businessman.”
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