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Financial Adviser Arrested in Valladolid in 'Presteda' Probe Over €122,000 Identity Fraud

Investigators say she used clients’ identity documents to secure loans and credit lines without their consent.

Overview

  • Guardia Civil detained the woman on Oct. 31 under Operation Presteda in an inquiry covering activity from 2021 to 2025.
  • A document review put known losses at more than €122,000 from loans and credit lines opened in clients’ names.
  • Most victims are self-employed workers who learned of the debts through bank notices and credit reports, with some added to the ASNEF register.
  • Alleged offenses include identity usurpation, fraud, document falsification, disclosure of secrets, disloyal administration, and misappropriation, with abuse of professional trust cited as an aggravating factor.
  • The investigation remains open, and authorities expect the victim count could grow as additional irregular operations are identified.