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Spanish Police Break Online Fraud Ring Targeting Thousands of German Buyers

A two‑year probe prompted by German prosecutors exposed a Spanish shell‑company network that laundered stolen payments, triggering arrests, asset seizures and expected prosecutions.

Overview

  • Police arrested nine suspects on Mallorca and in the province of Barcelona after coordinated raids reported Thursday that included a major sweep at a luxury villa in Sitges.
  • Investigators say at least 3,500 German online buyers were defrauded and total losses exceed €9 million according to Spanish authorities.
  • The group ran fake e‑commerce shops that took payments but never delivered goods and used social‑engineering to pose as bank security teams to seize online‑bank access.
  • Proceeds were routed through about 16 Spanish companies, including a sham Mallorca boat‑rental used to disguise payments, and more than 100 bank accounts were previously frozen during the probe.
  • Officers seized roughly €2 million in value including cash, about €200,000 in cryptocurrency, gold, luxury watches, vehicles and jetskis while cross‑border work with German prosecutors and Europol continues and prosecutions are expected.