The Prosecutor’s Office reduces to 24 months the maximum penalty for the Timeshare fraud.
The Anticorruption Prosecutor’s Office has reduced to 24 months the highest penalty for the defendants of the timeshare fraud in the Canary Islands that is being tried in the National Court.
The defendants will have to face, however, a subsidiary civil liability of 1,890,000 euros. It concerns a macro timeshare scam that has left 182 victims in Spain since 1993 and for which a total of 10 people have been sitting on the bench, among whom was not the leader of the organization, John Palmer, alias Goldfinger, already deceased.
The Prosecutor’s Office initially requested up to 10 years in prison. In fact, the Chamber exempted two of the defendants by prescription of the crime, the lawyer of Palmer; Ramón Solano and his wife, Christine Ketley, who was sentenced with him in a London court in 2001 to two years in prison for conspiracy to commit fraud.
In addition, the Office of the Prosecutor has withdrawn the accusation against Jorge Gallat, administrative and manager who from 2001 on replaced Solano. Of the seven finally tried, the Public Ministry, which has presented its report on Monday, asks for 8 months in prison for Jacoba Visscher, who ran the headquarters of the company Dinastía Resort, which is now confirmed. Only she accumulated 44 complaints for fraud and initially, the request for punishment was over eight years in prison.
The highest penalty has been requested for Darren Morris, for whom the Prosecutor’s Office has requested 10 months for unlawful association, 10 months for fraud and another 4 months for money laundering, plus a year in prison for the weapon with the erased series number that was found during the search of his home.
As for Richard Cashman, considered Palmer’s lieutenant as he ordered him to direct “all business” when he had to go to prison, the Prosecutor’s Office asks for the same 24 months for illicit association, fraud and money laundering the same as Darren Morris.
During his statement, he denied having held any position of responsibility in Palmer’s organization.
Meanwhile, Paul Murray, Keith Peter Davies, Neil Campbell Lockie and Dean Wells, all men of Palmer and involved in the support of their business in the Canary Islands when he entered prison in the United Kingdom, face 10 months for illicit association and another 10 for the fraud. Among all, they will have to face fines amounting to 1.8 million euros.