A 61-year-old Frenchman is under arrest in the Las Américas Comisaría for internet fraud after a joint operation between Spanish and French police. The individual, of initials FAE, was resident in El Fraile, and an international arrest warrant had been issued for him by a French court concerning his allegedly fraudulent estate agency business carried out over the internet.
A great deal of documentation was seized when the arrest was made, and the paperwork will form an integral part of the investigation into the charges. The exact numbers of victims aren't known at present.
One has to be careful enough with real estate when there's a physical agent to go to, never mind one who can hide behind websites without a physical presence. I mean, would you?
El Dia.
Online estate agent under arrest for fraud in the Playa de las Américas Comisaría 
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