National Police operation against a real estate scam for the sale of fictitious properties in Turkey which were sold through offices in Alicante and the Costa del Sol.

Interior Ministry has released details of a National Police operation against a real estate scam for the sale of fictitious properties in Turkey which were sold through offices in Alicante and the Costa del Sol.

The only arrest so far in the case is a suspect from New Zealand, who was taken into custody in Calpe, but it’s understood that other suspects from the UK have been identified and that the organisation worked with British real estate companies.

The Ministry said 400,000 € was defrauded from unsuspecting foreigners resident in Spain who thought they were investing in luxury tourist resorts to be built in Turkey. They were even shown plans of the properties which were drawn up by another victim of the scam, a Belgian architect who was never paid for his work.

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