FORT LEE, N.J. — Police arrested a Maine fugitive wanted for the theft of $572,000 from investors was arrested after a traffic stop in the borough July 15, police said.

Robert J. Howarth allegedly swindled investors out of the money they invested in a bogus clothing business, according to Maine officials. Investors allegedly contributed between $3,000 and $200,000 each to the business. Howarth allegedly told investors he would purchase last year's clothing from retailers at a reduced rate and sell the clothes overseas for a profit.

A warrant was issued for Howarth's arrest last May. He also went by the aliases "Robert Kim Lee" and "Robert Sachs."