'Rugby fraud' fugitive's wife is held

The wife of a bankrupt businessman wanted over an alleged fraud involving London Welsh rugby club has been arrested.

Neil Hollinshead went to Dubai after a botched takeover of the club. He is said to have told the owners he had secured £2.6 million from the Saudi royal family which never materialised.

Now his estranged wife Yasmin, 40, is on bail after being detained in London on suspicion of conspiracy to defraud and money laundering.

In 2009, Hollinshead, who last lived in Putney, told London Welsh his firm, Red Dragon Rugby, was acting for Saudex Global. He said this was an investment vehicle chaired by Prince Khalid Alwaleed Bin Talal Al Saud. The prince denied knowing Hollinshead.

The deal fell through and the club's former owners launched legal action and called police. A High Court writ claims Hollinshead, 33, was "forging documents and lying". Mrs Hollinshead was arrested on February 17. The couple deny the allegations. The Met said enquiries were continuing.