15 Feb, 2018 @ 14:56
1 min read

Wanted British pensioner arrested on Costa del Sol for €2.5 million coin investment scam

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Estepona, Costa del Sol

A BRITISH pensioner has been arrested on the Costa del Sol for her alleged involvement in a coin investment scam. 

The 71-year-old woman, from London, was arrested on a European Arrest Warrant for crimes of fraud.

She is wanted in the UK for an investment company she ran between 1993 and 1995.

She allegedly persuaded unsuspecting investors to invest in rare coins in exchange for short-term profits.

The OAP was able to rake in 2.25 million pounds sterling from investments ranging from 500 to 100,000 pounds.

 

The company never bought coins and investors never made a profit.

They also received false investment reports.

Laurence Dollimore

Laurence Dollimore is a Spanish-speaking, NCTJ-trained journalist with almost a decade’s worth of experience.
The London native has a BA in International Relations from the University of Leeds and and an MA in the same subject from Queen Mary University London.
He earned his gold star diploma in multimedia journalism at the prestigious News Associates in London in 2016, before immediately joining the Olive Press at their offices on the Costa del Sol.
After a five-year stint, Laurence returned to the UK to work as a senior reporter at the Mail Online, where he remained for two years before coming back to the Olive Press as Digital Editor in 2023.
He continues to work for the biggest newspapers in the UK, who hire him to investigate and report on stories in Spain.
These include the Daily Mail, Telegraph, Mail Online, Mail on Sunday and The Sun and Sun Online.
He has broken world exclusives on everything from the Madeleine McCann case to the anti-tourism movement in Tenerife.

GOT A STORY? Contact newsdesk@theolivepress.es or call +34 951 273 575 Twitter: @olivepress

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