The Department of Criminal Law of BUFETE AMORÓS S.LP wins criminal proceedings for aggravated crime of Scam and continued crime of Falsehood in Commercial Document against the BBVA entity, on the occasion of the granting of mortgage loans signed in 2003 and with respect to a promotion of homes, which were unfinished and whose purchasers were insolvent. Likewise, the homes were taxed with previous mortgages that were not canceled when BBVA’s underwriting.
The accusation was exercised by the Prosecutor’s Office and by the procedural representation of BBVA, the latter intervening as a private accusation, requesting penalties of 4 years, deprivation of liberty and a fine of 18 months.
Bufete Amorós SL.P assumed the Defense of the branch director of the bank of reference, and after more than 15 years of instruction, on April 25, 2018, the Second Section of the Provincial Court of Alicante acquits the maximum responsible from the BBVA branch where the mortgage loans were granted. The Court considered that, in no case, it is proven that the director of the BBVA entity intervened in any scheme to defraud the bank. Noting that the capital dispositions made by BBVA were not due to any deception devised by the branch director. It is understood that the constituent elements of the Scam Crime do not concur.
