A BREAKTHROUGH has been reached for defrauded expat Euan Armstrong, 73, whose legal battle against the biggest bank in Denmark has garnered increasing support from similarly affected expats in Spain.
The Fuengirola Court of First Instance has now agreed to investigate his case against Danske Bank after initially dismissing it last year.
As the Olive Press reported, the Scottish expat was left almost penniless when the bank persuaded him to use his €2 million Malaga home as collateral in an equity release scheme.
Meanwhile the Equity Release Victims Association (www.erva.es), set up by Armstrong and Ian Sherdley to warn Brits about such schemes, is now a recommended site by the British Embassy in Madrid.
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