A WOMAN from Seville, Spain, has been jailed for her part in a callous scam where 56 people were defrauded from almost €1 million.
Posing as a hairdresser to gain her victims trust, the woman, who has been named by police as ABGA, was able to get her hands on the money through fictitious tales that she had expertise in the stock market.
Through hair appointments with clients, the woman boasted that she had excellent relationships with investors in Barcelona, persuading her victims to hand over their well earned cash.
Alongside her husband, the woman even registered a fake real estate business in a move to go unnoticed by the police. Here, she paid large sums into the company’s bank account under the pretence that it was money made from property sales.
However, when one of her victim’s became suspicious after the woman refused to return her calls, the police were notified and an investigation by the Guardia Civil revealed the scam which had been carried out over several years.
Once enough evidence was collected, ABGA was brought to trial, where on Friday, December 20, she was found guilty of fraud. In addition to one year in jail, the woman has been ordered to compensate her victims €912,600.