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German arrested on Mallorca

The man ought to have swindled large-scale investors. He lived away from the tourist peaks on Mallorca. It didn't help him.

A German, who is alleged to have swindled investors for over 800,000 Euros, had withdrawn to the...
A German, who is alleged to have swindled investors for over 800,000 Euros, had withdrawn to the northern part of Mallorca. But even there, the police traced him.

Possible Swindler - German arrested on Mallorca

The police in Mallorca have arrested a 55-year-old German man, who is alleged to have defrauded anchors of over 800,000 Euros. German authorities had been searching for the man with a European arrest warrant, according to a statement from the Spanish police.

The German founded a company in 2016 that specialized in real estate investment. It is alleged that he mainly used the victims' money for his own purposes.

After his arrest at the beginning of the month in the north of the island, the man was handed over to German officials at Palma airport on a Tuesday. Further details were not disclosed.

  1. Despite the arrest of the German fraudster in Mallorca, concerns about criminality in Spain's tourist hotspots continue to raise questions about the effectiveness of international law enforcement cooperation in addressing such issues.
  2. In light of the investigation into the German man's activities in Mallorca, some local residents have called for increased transparency in the handling of justice matters involving foreign nationals and their businesses.
  3. Following the arrest of the German suspect in Mallorca, German authorities have pledged to cooperate closely with their Spanish counterparts to ensure a fair trial and secure justice for the victims, many of whom are from Germany.

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