Malaga Man Arrested for Alleged Involvement in 300-Million-Euro Pyramid Scheme Scam

El Mundo

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Judge number 3 of Vélez Málaga investigates the operations of Francisco Gutiérrez Ortega who was arrested yesterday in Logroño. Ocident has also denounced his former agent and has ended his business relationship with him. The police had to receive by turns, a week before hearing, the people who have filed a complaint against Paco El Bueno. His family denies everything.

Málaga Hoy

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The police confirm that so far some 80 complaints have been registered, but the figure will increase given the magnitude of the fraud Detained a manager of Vélez-Málaga accused of swindling more than 100 million euros to hundreds of people throughout the country.