Ricardo Mayorga Arrested In Nicaragua For Fraud

MANAGUA, Nicaragua (AP) -- Former world champion boxer Ricardo "El Matador" Mayorga has been arrested on fraud charges in his native Nicaragua.

Mayorga was arrested Tuesday at the Managua airport as he boarded a plane headed for the U.S., National Police spokeswoman Miriam Torres said Wednesday.

He was being held Wednesday in Leon, 50 miles northwest of Managua after Ramiro Sandino, a used car dealer in the city, accused the boxer of failing to pay him $56,000 for four cars.

Sandino said he turned over the cars to Mayorga in December 2005, and the boxer promised to pay for them after his fight with Oscar de la Hoya on May 6. But Sandino said Mayorga, who was knocked out in the fight, never paid him.