Swansea charity's finance chief arrested over '£800k fraud'
A senior figure at a well-known homeless charity in Swansea has been arrested on suspicion of fraud, understood to be worth £800,000.
Head of finance Mark Davies, 47, was arrested by officers last week and has since been released on police bail.
Mr Davies worked at Cyrenians Cymru, a support service for homeless and disadvantaged adults.
A South Wales Police spokesman said the force's economic crime unit was investigating.
Abigail Neal reports.
16 Dec 2014
- From the section Wales