Málaga Provincial Court will from the month of May, hear the case against an organised group which is thought to have defrauded some 300 people, most of them British, in a time sharing scam on the Costa del Sol, mostly in Fuengirola.
According to the provisional conclusions of the prosecutor in the case, the accused had created ‘a business structure which renewed itself periodically, to break links from the companies previously created in order to avoid detection, and for the illicit creation of wealth’.
The accused face charges of fraud and illicit association.
The public accusation in the case has determined the existence of several groups of accused, and says since the start of the scam it was directed by as many as a dozen people, the first of them a British man and his wife, and later by a South African. The group advertised internationally from the year 2000.
Many companies were used in the fraud, many of them based offshore, and others names of companies which were simply inexistent.
Usually the British man and his wife made first contact via a group of telesales operators to help those already holding time share to obtain a greater income. They offered the sale or management of the time share, offering attractive conditions which in fact did not exist. The companies would change name and move on every two or three months.
In Málaga from May, 16 people will face charges of continued fraud, each facing four and a half years in prison, and another charge of illicit association which could add two or three years to the sentence if they are found guilty.
The first arrests, of six Britons, took place in Fuengirola on February 2009.
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