Fidentia boss J Arthur Brown, the man at the centre of what could be South Africa's biggest corporate investment scandal, is behind bars.
The Scorpions arrested him and group accountant Graham Maddock at their luxury Cape Town homes early yesterday.
They appeared in the Cape Town magistrates' court on a string of charges, including fraud of more than R200million. They will be held at Goodwood Prison, not far from Brown's Sunset Beach mansion, until a bail hearing on March 15. - Sapa