UK Fraud Cops Make Arrest in Fake Airplane Parts Scandal (2)

The UK’s top fraud authorities raided the home of the director at the center of a global scandal over bogus airplane parts and arrested him for suspected fraud, marking the first public move by an agency to criminally pursue the scheme.

The Serious Fraud Office arrested AOG Technics Ltd.’s director, Jose Alejandro Zamora Yrala, in a dawn action at his home address on the outskirts of London on Wednesday. The SFO is working alongside the Civil Aviation Authority on the investigation.

The SFO didn’t identify Zamora as the individual arrested, while saying it also seized materials in the probe. Zamora ...