6 Jul, 2017 @ 17:18
1 min read

British timeshare ‘fraudster’ who allegedly conned €17 million out of 500 Brits first exposed by the Olive Press

British timeshare ‘fraudster’ who allegedly conned €17 million out of 500 Brits first exposed by the Olive Press

AN alleged British crook who made millions out of timeshare was first exposed by the Olive Press a month ago.

The OP reported how Howard Manton and his family, including his son Jack, who uses the surname Capelli, had been raking ‘up to €100,000 a week’ from unlucky British victims.

We reported how they were operating out of an office near Torre del Mar and had been for many years.

We also revealed how a Benalmadena lawyer was involved in the scam.

They have now been revealed to be just one of many.

A police spokesperson said yesterday: “National Police officers have smashed a criminal organisation based in the province of Malaga specialising in timeshare fraud.

“Thirty-six people have been arrested, and another placed under formal investigation but not arrested, on suspicion of fraud, money laundering, forgery and membership of a criminal organisation.”

The spokesman added: “Among those detained are the alleged ringleader, a British man, and two lawyers believed to have been responsible for the money laundering.

“The suspects offered their customers, all British and timeshare owners, a timeshare holiday product.”

The police operation was codenamed Manta – Spanish for blanket.

Laurence Dollimore

Laurence has a BA and MA in International Relations and a Gold Standard diploma in Multi-Media journalism from News Associates in London. He has almost a decade of experience and previously worked as a senior reporter for the Mail Online in London.

GOT A STORY? Contact [email protected] or call +34 951 273 575 Twitter: @olivepress

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