Researchers Economic and Financial Crimes Unit (UDEF) between National Police They blocked all possible bank accounts Mukesh Daswani The man was accused of committing millionaire scams in Santa Cruz de Tenerife, which gave him different amounts of money to trade on the stock market. In addition, at the last stage of the commercial signature used in such transactions, For Tradex, Daswani allegedly instructed victims to hand over cash to him. Not by wire transfer, according to a lawyer.
The advertisements used by those researched on the Internet were very direct and had the appearance of proximity. With his own photo, Mukesh addressed potential clients with the message “I am Tradex” in capital letters. Then he said to them in a much smaller font: “I invest in financial markets with experience, diligence and creativity”. As for his trading firm, he cited it as “A company highly specialized in trading. Welcome to my home”.
More than fifty affected people appeared for the reason mentioned above
It’s been a week today detained United Arab Emirates (UAE) He is the main defendant in this fraud claim, which is estimated at around four million euros.
The Santa Cruz de Tenerife Investigation Court No. 3 issued an international arrest warrant through Interpol after finding signs that he may have committed aggravated fraud and money laundering. This measure made it possible to capture it on October 13 in the Persian Gulf country.
And the following Monday, the 17th, the aforementioned judicial body was asked by the Ministry of Justice, Directorate General for International Legal Cooperation, to begin implementing procedures to secure the extradition of Daswani to Spain.
According to various sources, this process can take several weeks or even more than a month. In any case, everything indicates that before extradition takes place, Mukesh’s case will be considered at a court hearing in the United Arab Emirates to determine whether he will be sent to Spain.
In this case, it looks like Daswani’s emotional partner is also being investigated for his alleged involvement in this case of aggravated fraud and money laundering. The woman in question first stayed in Tenerife after the main suspect fled in late July, but later allegedly met her abroad.
UDEF agents, To determine whether the person under investigation made any investments in the stock market or actually used the money given to him to set up the alleged fraud to citizens who have promised 50 or 30 percent returns in just two months. In any case, people agree that this could be a pyramid scheme.
Returns of those investigated may take more than a month.
Attorney Isaac Pérez of the Sirvent & Granados office said that so far more than fifty people affected in the case against Mukesh have emerged; that is, citizens who, in addition to filing a complaint, turn to a lawyer and prosecutor to defend their interests. Of this amount, the named firm has more than thirty cases.
According to Isaac Pérez, complaints presented in the courts or before the National Police can be much more. This lawyer says the actual victim can range from 300 to 400. He also believes that the amount of fraud could be between four and six million euros.
According to Isaac Pérez, the discovery of the Tradex scandal at the end of July and the arrest of the prime suspect of fraud in a non-EU country in mid-October can be considered a “very fast” process. He also praises the agility shown by Order Court No. 3 in the capital of Tenerife.
According to the attorney in question, in the weeks before the first complaints began to be filed, Daswani encouraged investors to give him the money in cash, as opposed to other options such as wire transfers.