RIC Private Equity Presunto fraude

Unjust Enrichment and Reputation Laundering in the Hospitality Sector Unjust Enrichment and Reputation Laundering in the Hospitality Sector A Forced Takeover and an Engineered Success A previously construction-focused entity with no prior hospitality expertise orchestrated a forced takeover of a thriving tourism business, misappropriating assets, operational know-how, and an established client base. This illicit acquisition allowed the entity to rapidly transform into a key player in the hospitality industry. How an Engineered Flywheel of Success Was Built Their expansion was not organic—it was built on a foundation of misappropriated resources and deceptive financial practices, including: Illegitimate Business Takeover: The unlawful acquisition of tourism assets and an established business model. Exploitation of a Regional Tax Scheme: Leveraging a special...

Gran Canaria’s Judicial Scandal: Court-Enabled Financial Fraud GRAN CANARIA’S JUDICIAL SCANDAL: HOW A CORRUPT COURT ENABLED A MULTI-MILLION EURO TAX FRAUD TL;DR (Summary for Quick Reading) 🚨 Gran Canaria’s judicial system, part of Spain’s autonomous regions, has been infiltrated by corruption, enabling massive financial fraud. A commercial court in Las Palmas and its administrator manipulated insolvency laws to strip a whistleblower of assets and protect fraudulent business interests . The RIC tax incentive (meant for economic growth in the Canary Islands) was exploited to siphon millions into fraudulent schemes. A court-backed transfer of Sun Park to criminal actors helped cover up massive financial fraud and tax evasion . The Canary Islands judiciary, tax authorities (AEAT), and regulatory bodies (CNMV) ignored evidence , enabling further criminal activity. The whistleblower, Gil Marer , ha...

The Long Arm of UK and EU Law: How Corporate Crime Reforms Are Closing in on Rogue Tourism & Hotel Operators The Long Arm of UK and EU Law: How Corporate Crime Reforms Are Closing in on Rogue Tourism & Hotel Operators Introduction: No Safe Haven for Fraudulent Operators For years, rogue players in the hotel, travel, and tourism industry have exploited legal loopholes, leveraged political protection, and hidden behind regional autonomy—particularly in Spain’s Canary Islands and other autonomous regions. However, with sweeping corporate crime reforms in the UK and the EU , these wrongdoers can no longer count on their local influence to shield them. The UK’s Economic Crime and Corporate Transparency Act 2023 , its failure to prevent fraud provisions , and the upcoming Office of the Whistleblower Bill (HL) have expanded the reach of UK regulatory and enforcement agencies —including the Serious Fraud Office (SFO), the Financial Conduct A...

Justice for Sale: The Ethical Crisis in Commercial Dispute Resolution Justice for Sale: The Ethical Crisis in Commercial Dispute Resolution By Gil Marer Imagine turning to the legal system for justice—only to find that the professionals meant to advocate for you are financially incentivized to prioritize their own returns. Just as we would be alarmed if doctors profited from unnecessary procedures or worse, what happens when legal disputes are treated as financial assets rather than matters of justice? The influx of capital into the legal profession —through litigation funding, law firm investments, and structured financial instruments—has created a system where profit often outweighs justice. The Predatory Effect of Finance on Justice Traditionally, the legal profession existed to uphold fairness, justice, and the rule of law . But today, financial investors treat legal disputes as market opportunities , distorting the process. Instead of priori...