accused is lawyer Fernando del Valle, who the prosecution considers to be the ‘brain’ behind the scheme which allegedly laundered money originating from drug trafficking, prostitution and tax fraud. Also suspected of involvement are two notaries, two female employees of Del Valle’s Marbella office and some clients, the majority of whom are foreigners. Del Valle spent six months in prison and was released in September 2005 on bail of 600,000 euros. The prosecution is requesting that he be sentenced to 15 years in jail, ordered to pay a 37.1 million euro fine plus compensation of 610,846 euros and a guarantee of 13.8 million euros for having laundered 12 million euros, according to the prosecutor’s report. The anti-corruption prosecutor alleges that Del Valle carried out 13 money laundering offences, 141 of falsifying documents, three offences against the tax authorities and two others against the legal authorities by providing false testimony.
1 comment:
I paid 87,000 euro as 30% deposit on a townhouse for retirement "with bank guarantee" 6 years ago. The developer recommended Mr del Valle. Because of his other activities, I now have no house, no money and no retirement. All his wealth will do the other lawyers and tax authorities and the innocent parties will get nothing - justice??!!
Geoff Hackett
geoff.hackett@virgin.net
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