There is frustratingly little detail on this story, but if you have been the victim of a timeshare scam, you could do worse than get your lawyer to check if this is related to your case.
South Tenerife National Police have arrested seven individuals from a group dedicated to timeshare fraud. The operation began in February when investigations started into how 50 or so victims were defrauded of around €30,000 each after being contacted by a company claiming to have buyers interested in taking over their timeshare rights. Once the “administration, fiscal, and legal costs” for the so-called purchases were handed over, however, both supposed buyers and company disappeared, along with the money for the invented charges, amounting to around €1,500,000 in total. All the scamsters are Tenerife residents, and were the individuals into whose named accounts monies were paid. The closest to identity that I can get at present is the location, which is the Playa de las Américas area. Canarias24Horas