NZer arrested in property scam probe

A New Zealand man has been arrested and his brother is being hunted by Interpol over an alleged property scam in Europe.

The Olive Press Newspaper says former Aucklander Lionel Andrews has been arrested in Alicante, during a nationwide swoop.

The search is continuing for his brother 51-year-old Nigel Andrews and British wife Margaret who vanished from their office in Spain in June.

The paper said they took with them almost $2m in deposits from investors for non-existent properties on Turkey's Mediterranean coast.

- NEWSTALK ZB