At a trial in Fuengirola that took place on May 9th, six individuals pleaded guilty to fraud and four to ‘illicit association’. A further seven failed to turn up at court.
The accused accepted sentences of between one and two years in prison and must refund their 300 victims the total amount defrauded, ie € 500,000. It is, however, unlikely that they will serve custodial sentences.
Most of those convicted are known to RDO, likewise the companies – the majority of them resale related – that they ran or were associated with. A list of the companies can be found below and members of the public who believe they may have been defaulted should contact RDO’s enforcement team on info@RDO.org.
Property Transfers S.L.
United Vacation Sales S.L.
Pike Resort Sales S.L.
AH TRS Myls Services
Gastro R.O. S.L.
Global Communication International S.C.
Apartment Sales Abroad
Consolidated Property Holdings S.L.
Fidus Consult S.L.
Holiday Property Investments
Celsius EM S.C.
Spanish Resales Ltd