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Border Watch

Wednesday 3 December 2008

Police in Spain have arrested two people on suspicion of having swindled a total of 65 million euros from foreigners.

Police in Spain have arrested two people on suspicion of having swindled a total of 65 million euros from foreigners. Around 200 people, most of them Britons, had invested money in non-existent schemes along Spain's Costa del Sol.Twenty people are suspected of money laundering, falsifying documents and fraud after they approached foreign investors through Internet, telephone calls and real estate fairs.

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