- Doug Richard was arrested on suspicion of sexual offences against girl
- The 56-year-old father-of-three was released on bail and denies allegations
- Richard appeared in the first two series of the BBC show Dragons’ Den
- He has acted as an adviser to David Cameron and George Osborne
An adviser to David Cameron has been arrested on suspicion of raping an underage girl.
Technology entrepreneur Doug Richard, who appeared in the first two series of the BBC show Dragons’ Den, was questioned by police earlier this month and released on bail until March.
The 56-year-old multi-millionaire denies the allegations.
The US-born businessman has worked closely with Mr Cameron over several years.
In 2011 he went on an official Government trip to Africa and also worked as an adviser to Chancellor George Osborne.
In a statement to the Sunday Mirror, the married father-of-three said: ‘I absolutely deny the allegations made about me. It would be inappropriate to comment further.’
It was reported last night that the girl is 13.
A City of London Police spokesman said: ‘Detectives arrested a 56-year-old man on January 5, 2015, on suspicion of inciting a child to engage in sexual activity, sexual activity with a child, meeting a child following sexual grooming and rape of a girl under the age of consent.’
Richard made his fortune in the 1990s, buying and selling software firms in his native California, before moving to Britain in 2001.
Richard was one of the original Dragons, but left the BBC show in 2005 after failing to make any investments in the second series. He remains the only Dragon not to invest throughout a series.
Later he said he needed to attend to his businesses, with filming for the BBC show taking up too