In an operation by the National Police, an individual has been arrested in El Puerto de Santa María, Cádiz, the main administrator of a company dedicated to the marketing of gold. The arrest occurred after the accusation of scamming around 3,600 investors through a website, causing losses exceeding 50 million euros.
This was the complaint
The company run by the detainee has been the subject of multiple complaints nationwide, including presentations by three residents of El Puerto de Santa María who reported direct losses of 9,048 euros. The scam focused on the sale of gold, mainly through the company’s website, where investments in gold were offered that ultimately turned out to be non-existent.
In October last year, investigators seized fake gold bars used in the fraud, under a court order. The National Police operation was carried out by the Technological Crimes Group of the El Puerto de Santa María-Puerto Real Police Station, and is part of a centralized investigation in the National Court.
Impact among victims
This case stands out for the large number of people affected and the significant volume of economic losses. The arrest of the company’s administrator marks a crucial step in the fight against financial scams and technological crimes in Spain. The National Police continues with the investigations to fully clarify the facts and determine the full scope of the fraud.
The intervention of the authorities in this case underlines the importance of surveillance and control in online investments, especially in sectors such as precious metals, where the risk of scams is significantly high. This event serves as a warning to investors about the need to verify the legitimacy and security of investments in digital platforms.
