Gang stole millions from European holidaymakers
23 March 2006, MADRID — Police have arrested a gang which swindled millions of euros from European tourists in a holiday scam.
23 March 2006
MADRID — Police have arrested a gang which swindled millions of euros from European tourists in a holiday scam.
Twenty-eight people were arrested in the Canary Islands for allegedly offering them special deals in a holiday club.
They were offered discounts trips all over the world if they would pay deposits of between EUR 1,000-10,000.
The tourists simply had to pay the cash into accounts which were managed by the fraudsters.
But either they never heard another thing from the gang or the conditions would change dramatically.
The company, called Design Vacation, was based in the Seychelles but registered in Gibraltar.
It was linked to a series of hotels in Las Palmas on Gran Canaria.
The victims came from across Europe, but the gang appeared to specialise in defrauding Germans.
Police carried out five raids in which they seized eight luxury cars, various documents and EUR 60,640 in cash. They blocked bank accounts holding EUR 372, 783.
[Copyright EFE with Expatica]
Subject: Spanish news