A German couple have pleaded guilty to fraudulently obtaining almost €73,000 by the sale of a property belonging to a third party in 2007.
Natja Bosh was sentenced to two years in prison yesterday by a Las Palmas court, and she and her husband Mikel have been ordered to repay costs and other compensation to the sum of €72,720.
The fraud occurred at the height of Lanzarote’s property boom in 2007, when Mikel Bosh acted as sole administrator of the real estate agency I.E.N.S.L., while Natja Bosh was a partner and 20% stakeholder in the same entity.
The company received deposits, 20% of the sale price of a 280,000€ property and other commissions from prospective buyers but failed to transfer the money to the sellers.
For regular updates, pictures and videos of Lanzarote be sure to like and follow our Facebook page “Gazette Life Lanzarote”.