Briton wanted by US police arrested in Torrevieja

A 61-YEAR-OLD Briton, wanted for fraud by the US police since 1999 was arrested in Torrevieja. After the US authorities informed their Spanish counterparts that 61-year-old R.B.A. was in Spain he was located following dealings with a Torrevieja estate agency.

R.B.A. and the owner of an American company had together plundered the business’s pension scheme for their own benefit, according to the US police,.

After convincing employees that they stood to receive a $2.5 million profit every three weeks, bringing in an eventual $25 million after 10 months, the arrested man and his accomplice withdrew money from the fund.

Some was invested in US Treasury Bonds but the remainder went into their own bank accounts.

The deception soon came to light but it was not until 12 years later that R. B.A. was finally tracked down by the Policia Nacional’s Specialised Violent Delinquency unit.