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.

Their victims paid over money to invest in fictitious properties in Turkey

The 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.

Other victims included the owners of the premises where the organisation set up offices to run the scam in Spain, but left without paying the rent once they had obtained enough money from their supposed investors.
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