A judge at Fuengirola court has indicted twenty individuals of different nationalities with conspiring to defraud around 200, mostly British, foreign property investors in a scam estimated to have netted the gang more than €65 million euros.

They are accused of selling shares in fictitious construction properties on the Costa del Sol and face charges including fraud, falsifying documents, money-laundering, and tax evasion.

Two of the suspects were arrested last Wednesday in a series of raids across Málaga province.