The man who bought BHS from Sir Philip Green has reportedly been arrested over unpaid tax

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Dominic Chappell, the former bankrupt who bought retail chain British Home Stores for one pound in 2015 gives evidence to the business, skills and innovation parliamentary select committee about the collapse of BHS, in Westminster, London, Britain June 8, 2016.

Parliament TV/Handout via Reuters

Dominic Chappell giving evidence to Parliament.

Dominic Chappell, the former bankrupt who bought BHS for £1 from Sir Philip Green, has reportedly been arrested for failing to pay more than £500,000 ($630,000) in tax on money from the department store.

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The Sunday Times reports that Chappell was arrested by HM Revenue & Customs (HMRC) in a dawn raid at his home in Dorset on 2 November.

The arrest coincided with the Pensions Regulator beginning enforcement action against Green and Chappell "to seek redress on behalf of the BHS pension schemes."

An HMRC spokeswoman did not comment on the specifics of the arrest. In a statement to ITV, she said: "We do not comment on identifiable cases, but can confirm we arrested a 49-year-old businessman."

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