Overview
- Two men aged 46 and 50 were arrested and a woman accused of acting as a front was detained under Operation Iris Business II.
- Investigators say the suspects used vehicle trading firms to pose as brokers, then transferred cars to third parties using falsified purchase documents.
- The investigation began with a complaint from a Málaga dealership manager about an Alicante-based manager, including a luxury car rental that was never returned and was later sold on.
- Authorities attribute eight counts of misappropriation, 12 of fraud and nine of document falsification involving 20 high-end vehicles.
- Police estimate losses exceed €400,000, and the detainees have been handed over to the investigating courts in Alicante.