Costa Blanca

Businesspeople swindled out of more than 3,000,000€ in Alicante with fake international loans

Five members of a family in Alicante, Madrid, and Almería have been apprehended by the Guardia Civil. Investigators allege that they are part of a criminal organisation that defrauded merchants of over three million euros by promising fictitious international loans. Four victims have been identified by investigators; however, they believe that there are more than twenty.

Agents searched the family properties, which included a luxury residence in one of Alicante’s most exclusive residential areas and a storage room. Agents confiscated vacuum-packed cash during the search (pictured.)

The operation led to the seizure of a luxury vehicle, numerous bank accounts, electronic devices, and documentation related to the fraudulent transactions, in addition to nearly €27,000 in cash. The seizure of movable and immovable property, including a residence valued at over €2 million, was also requested.

The operation was initiated at the end of last year in response to a complaint from a merchant who had been defrauded of over 70,000 euros while applying for a supposed international loan of one million euros. This complaint revealed a criminal network with numerous victims in various provinces of Spain and even abroad. This initial complaint was succeeded by another, which claimed that a company that had submitted an application for a six million euro loan had been defrauded of over 600,000 euros.

Entrepreneurship recruitment

Entrepreneurs who were unable to obtain conventional financing sought alternatives in international private capital, so the organisation recruited them. A network of recruiters, often unaware of the scam, established the initial contact.

The organization’s members subsequently created fraudulent documents, advertised their services in offices located in reputable business districts, and scheduled appointments with a legitimate notary in Paris. The notary, who was unaware of the scheme, merely verified the signatures.

The victims were requested to pay additional amounts, citing bureaucratic or financial complications, after they had already paid the initial fees for management, broking, insurance, or purported international taxes. They never completed the transfer. The fraud was discovered by some victims after they had made multiple payments.

Currently, we have identified four casualties, but we anticipate that the total number of victims could exceed twenty. The economic loss is expected to exceed three million euros. The provinces of Alicante and Almería are the primary locations of those affected.

The married couple who were considered the ringleaders of the scheme were among those detained, and they were already apprehended in 2022 for similar offences during a police operation. The individuals involved in the scheme were able to maintain a high standard of living. The man allegedly violated the order to depart the country on numerous occasions to conduct transactions associated with the scam, including signing at a notary in Paris and collecting cash. Additionally, the other suspects received comprehensive training and were responsible for specific tasks within the conspiracy, including recruiting, translating, and preparing legal documents.

The Urban and Economic Crimes Team of the Alicante Judicial Police Unit conducted the operation with the assistance of the Technological Investigation Team of the same command.

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Related Topics:Alicante Documents Fake Luxury Madrid Police Spain

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Costa Blanca

Consum announces the opening of new stores in Aldaia, Alaquàs, Sueca, Xàtiva, Massanassa and Torrevieja

Consum expands its operations in the Valencian Community and announces the opening of additional stores in six towns throughout Valencia. The Valencian cooperative’s comprehensive network of supermarkets in the region is further enhanced by these new openings.

New Consum stores are scheduled to open in Valencia in 2025

The following are the new stores that Consum will establish in the towns of Valencia:

Alaquàs

Aldaia

Massanassa

Sueca

Xàtiva

Torrevieja (Alicante)

Three of the stores that were acquired from Kuups last year have enabled the establishment of some of these new supermarkets. These have already been assigned an estimated opening date:

Massanassa (C/ Medi Ambient), which is scheduled to commence operations at the conclusion of May.
Alaquàs (Av. Blasco Ibáñez) and Aldaia (Av. Miguel Hernández) will launch under the Consum brand in the middle of the year.
Consum intends to maintain its pace of establishing 53 new supermarkets in 2025, including 18 of its own stores and 35 Charter stores, as well as to execute 31 renovations and expansions.

In 2024, Consum achieved revenues of €4,707.03 million, a 7.3% increase, and profits of €108.7 million, a 7.5% increase from the previous year. These figures substantiate the business model advocated by the Valencian cooperative, which is founded on price competitiveness, a diverse selection of leading brands without sacrificing the quality of its own brand, and a steadfast dedication to ensuring customer savings through discounts and gift vouchers. More than €62.2 million has been allocated to this initiative.

Antonio Rodríguez Lázaro, the CEO of Consum, stated that “these results are indicative of the dedication of our entire team, the confidence of our customers, and our capacity to adjust to change while maintaining our commitment to sustainability and innovation.”

It maintained its sixth position in the national classification of distribution companies by surface area throughout the year, increasing its market share by 0.1% to 4.7% of the national market. Nielsen reports that its market share by sales in its area of influence is 13.45%.

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Costa Blanca

The El Raso, Guardamar celebrates with a Tapas Route and concerts between May 15th and 17th

The programme for the third edition of the Guardamar del Segura City Council’s festivities has been unveiled in collaboration with the residents’ association of the El Raso Urbanisation, an area that is home to a significant number of international residents.

Between May 15th and 17th, the El Raso Urbanisation will commemorate its festivities with a Tapas Route and concerts. The festivities will take place on Thursday, May 15th and Friday, May 16th, and will feature an International Tapas Route featuring twelve establishments, which is two more than the previous year. María Venerdi, the Councillor for Festivals, has announced that participants will be able to experience tapas and a drink for 3.50 euros. Additionally, participants will have the opportunity to participate in a drawing for a variety of rewards and vote for their preferred tapa on the “Tapaporte.” Last year’s edition saw the sale of over 7,000 tapas, as emphasised by the local organisers.

José Luis Sáez, the mayor of Guardamar, has emphasised the significance of “neighbourhoods becoming increasingly integrated into the dynamics of the municipality,” and he has noted that this event has “consolidated itself and become a great gastronomic celebration for the municipality.”

The city council will also offer a transport service that will travel to all participating venues in order to simplify the process of travelling.

Auditorio del Campo will host a grand celebration on Saturday, May 17th, commencing at 6 p.m. The event will feature a variety of musical groups, including the Costa Blanca Singers, who will serve as the opening act.

The charitable nature of these festivities has been emphasised by the Guardamar councillor for Festivals. The El Raso festival committee has sold T-shirts for the Tapas Route at a price of 10 euros. The proceeds of these sales, in addition to those from the bar service on the 17th, will be donated entirely to charitable causes, including the ‘El Milagro de Ver’ Foundation, which is dedicated to enhancing eye health in developing countries, and to those impacted by DANA in Valencia.

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Costa Blanca

Elche joins the national protests for Palestine on May 10th

Tomorrow, Saturday May 10th, the Elche Palestine Solidarity Committee has scheduled a demonstration in accordance with the national mobilisations under the slogan “Move for Palestine.” The march will commence at 7:00 p.m., and the rally will be held at the Chimeneas de L’Algeps in Elche at 6:30 p.m.

The initiative aims to denounce the situation in Gaza and Palestine as a whole, and to encourage citizens to demonstrate their solidarity and demand genuine action to halt the violence. The Elche Palestine Solidarity Committee extends an invitation to all individuals, irrespective of their gender or age, to participate in this collective demonstration.

As part of a coordinated campaign to increase awareness of the situation in Palestine and demand an end to the violence and occupation, this mobilisation is one of a series of demonstrations that have been organised in various cities throughout Spain.