Disgraced Mirador property developers begin prison sentences in Spain

LAST UPDATED: 30 Sep, 2014 @ 12:12
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Disgraced Mirador property developers begin prison sentences in Spain

THE bosses of crooked building firm the Mirador group, Enrique and Leopoldo Faura, have this week begun their four year prison sentences.

The brothers were found guilty of keeping €400,000 in deposits from prospective buyers in Velez-Malaga during 2004-5. The money was used to pay fines for the company, which was registered in Panama.

The sentences were initially just two years long but, after the Fauras’ appeals were turned down in January, their sentences were doubled.

They were also ordered to repay the 12 victims on average €30,000 each at the sentencing in October 2012.

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