More than a week ago, the Spanish National Police arrested 25 people who were working for fraudulent timeshare resale companies in Tenerife. Majority of the arrested individuals were from Germany and most of their victims came from this country as well.

According to reports, the company contacted timeshare owners, claiming they worked with notaries. This was what they used to con their victims into giving away their money.

The Spanish National Police searched different locations, finding more than 100,000 personal details of European timeshare owners. Authorities suspect that this list was stolen.

RDO has been working with the Spanish National Police on this operation.

Some of the confirmed fraudulent resale companies include:

• Fortress International
• Nowatis
• American General Inc Financial Services
• Tourlmus
• Royal Lepage
• Callaway & Brookfield Ltd
• European Ltd
• Real Estate Investment
• Wintermann & Son Investments
• Elascan Da