The Spanish police have arrested 37 people from various parts of Málaga, Torremolinos and Antequera in connection with the Málaga bank fraud case. It is further reported that the police also searched properties in Alhaurín el Grande trying to get any clues related to the matter.
The 37 people who have been arrested are suspected to have garnered about 3 million euros by targeting people who had been denied personal loans in the past.
They also targeted people with low incomes from whom they could get a huge commission for forging documents which allowed them to submit applications for the loan.
Also amongst their targets were people who had been denied mortgages, to whom they would supply forged salary slips and income tax declarations.
As understood from EFE reports, a couple of branches of a bank whose name was not mentioned were also searched in Antequera and Málaga.
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