A BRITISH former multi-millionaire tycoon has been arrested in Majorca on suspicion of raping two women at a luxury hotel.

The 55-year-old allegedly targeted the women on separate occasions at a five-star hotel in Portals Nous.

The Brit was detained on Wednesday after the second of the two women, a Ukrainian national, said he forced himself on her.

She had flown to the island’s capital Palma for an arranged meeting.

She was taken to the hospital by police after alleging she had been raped over the weekend, where she then made a formal complaint.

The other woman, who is from South America, has said that her attack by the Brit took place at the start of the year.

Officers from the Civil Guard have compiled a report for a Palma court as part of an active criminal investigation stemming from the man’s interrogation by police.