Thursday, June 08, 2006
Costa Timeshare Scam Had Tenerife Connections
Four Britons are among eight people arrested in what police are calling the biggest timeshare scam they have ever uncovered in southern Costa del Sol. It was based in the holiday towns of Fuengirola and Mijas.
Over 15,000 tourists are thought to have been duped by the gang which specialized in setting up and closing down new companies and which had relocated to the Costa del Sol in 2000 after operating for some years in south Tenerife.
Led by a South African named as Willem P., the gang clawed in around €18 million over a five year period. They had about 1,000 people involved in the timeshare scam for them as touts and phone sales staff.
Four Britons are among eight people arrested in what police are calling the biggest timeshare scam they have ever uncovered in southern Costa del Sol. It was based in the holiday towns of Fuengirola and Mijas.
Over 15,000 tourists are thought to have been duped by the gang which specialized in setting up and closing down new companies and which had relocated to the Costa del Sol in 2000 after operating for some years in south Tenerife.
Led by a South African named as Willem P., the gang clawed in around €18 million over a five year period. They had about 1,000 people involved in the timeshare scam for them as touts and phone sales staff.
# posted by John @ 4:32 AM 
