Dann, 61, was arrested in 2009 when officers from Scotland Yard swooped on his Belgravia home following charges brought in Hong Kong involving what is described as 'high-level fraud'. He was brought before City of Westminster magistrates and remanded in custody.
In 1983, Dann was jailed for two years for forgery and theft, and in 1992 was at the centre of a fraud investigation over shares in a U.S. goldmine. But after 13 days of legal submissions at the Old Bailey, he was told he had no case to answer. Dann's Eton-educated barrister son, Jared, 28, refused to comment on the latest arrest.