MARBELLA CONFIDENTIAL

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Jamones Fernando SL

Friday, 11 January 2008


Antonio Herrero, who owned a ham company in Trevelez near Granada, was detained by Interpol officers in the Dominican Republic.
Police believe Herrero, 50, used his position as director of the CajaGranada bank in Trevelez to defraud 25 million euros from his victims.
Telling them they would see handsome returns, he misled 300 residents of the Granada town into investing money into his failing ham business.
Instead he absconded from Spain, spending the money on his lavish lifestyle first in Panama and then the Dominican Republic, where he was arrested on December 12.
Following his extradition to Spain he appeared before judges in Órgiva, telling the court how he fled in October 2004 as his ham business was “in ruins.”
During the four-hour hearing, he said his company first got into financial difficulties in 2000 before he started asking Trevelez residents to invest in Jamones Fernando SL.

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