Overview
- At a Feb. 24 hearing in Palma, the sole administrator of Archipassion S.L. admitted the facts and was convicted of misappropriation and disloyal administration.
- Proceeds of about €3.515 million from the 2021 sale were deposited into a company account she opened, then largely diverted to her personal accounts without co-owners’ knowledge.
- The court ordered roughly €1.62 million in compensation to the two injured partners, with about €1 million consigned to the court and more than €245,000 already returned directly.
- The custodial sentence was suspended for two years, conditioned on no reoffending and full satisfaction of the pending civil liability by the April 10, 2026 deadline.
- Outlets differ on whether the judgment is final or subject to appeal, with some reporting no appeal and at least one citing plans to challenge the decision.