High-interest investment scam

Benidorm scammers conned savers out of €339,000 with bogus claims of UK-based investment companies bringing massive monthly profits

August 21, 2024 Crimes & Law 0

A SCAM based in Benidorm promising instant high returns on investments has been busted by the Policia Nacional after pocketing over €339,000 since 2021. Four people- all Spaniards- were arrested in the Costa Blanca city and have been charged with fraud, misappropriation, misleading advertising, money laundering and belonging to a criminal group. The investigation started in June 2023 when a …