Almanzora Country Club Scam Victims Owed 115 Million Euros

Almanzora Country Club ScamWere you one of more than a thousand victims of the Almanzora Country Club scam around 15 years ago? If so, you’re in for some long-awaited good news. Deposits paid by mainly British and Irish expats for the purchase of holiday homes, ranging from a few thousand to well over a hundred thousand euros, must now be repaid with interest. Recent court decisions have proven the responsibility of Banco Popular as the guarantor bank for the development; so the chances of success of each claim are very high.

The property development company Huma Mediterraneo was building the massive holiday complex in Almeria, Spain, with an expected completion date of October 2007. However, none of the properties were finished, and in many cases the construction was not even started. In fact, Huma Mediterraneo was building the holiday complex without permissions or licences and went bust after the environmental police raided it, stopping building work in 2005. Buyers did not see a cent of their deposits returned in the aftermath.

After a 15-year wait for a resolution, victims of this scam are able to claim back their deposits plus interest from Banco Popular (now Banco Santander). Although Banco Popular never issued individual purchase guarantees, the bank is liable under Spanish law for the lost deposits.

If you paid a deposit to Huma Mediterraneo and believe you could be entitled to reimbursement, you need to act fast to avoid experiencing delays. The deadline for claims is 7 October 2020.

Register your claim with MySpanishDeposit as soon as possible, to allow the team enough time to assess and process your claim on a risk-free and cost-free basis.

Contact My Spanish Deposit on +4420 7936 0959

Start your claim now, or email us and a member of our team will be happy to talk things through with you.

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