Etiqueta 'Mallorca: Multi-million euro scam'
Magalluf bank allegedly at the centre of multi-million euro scam
Swiss, German and Irish banks and the National Securities Market Commission had been warning of suspicious transfers for months.
Multi-million euro fraud latest
German Police Officers and Prosecutors who came to Mallorca earlier this week are expected to return to Berlin in the coming days.
Multi-million euro fraud update
The alleged fraud is thought to have been running for several months.