Around 12 Foreign Banks Are Incvolved.

According to reports in the press around About thirty foreign retirees living in the Costa del Sol spent the morning at the gates  Delegación de la Agencia Tributaria located on Avenida de Andalucía in Seville
It is understood that the residents mainly of British origin to report an alleged scam which has left them with the posibility of losing their homes.
It is reported that they have also filed a complaint with the Hacienda
Accompanied by lawyer Antonio Flores, the residents carried carried signs with messages against some of the banks who they claim they have been deceived by
They claim that a few years ago the dozen foreign banks offered the residents loans free of charge, to reduce the payment of inheritance tax by his heirs in case of death considerably.
It si reported that the money was used to fund capital investment in other countries that were supposedly risk-free, but the reality is that not the case and these owners have lost the most money, although they retain the bank debt which now needs to be paid and they could now lose thier homes

jmackie@costadelsol.st