'Apprentice' mortgage broker on police bail for fraud charge

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Mortgage broker Christopher Farrell, a contestant in this year's series of The Apprentice which starts next week, is on police bail after being arrested on suspicion of fraud.

After a year-long investigation, Farrell was arrested and quizzed by detectives over alleged financial irregularities, the Sun reports.  The high profile case will be another blow to the mortgage industry which is working hard with the FSA to tackle fraud. Farrell was sacked as a broker by a mortgage company in August last year after working for them on commission for just ten months. In court Farrell claimed he had just been bought out of a financial services partnership but his former boss at the Plymouth mortgage firm said he had been fired. A source told the Sun: "He was get...

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