Euro Weekly News - Costa Blanca South 21 - 27 November 2013 Issue 1481

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ISSUE NO. 1481

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Construction resumes WORK will restart on Murcia’s Museum of Palaeontology in March or April next year after the first stone was laid in September 2010. Construction on the museum, close to Balsicas, was stopped due to lack of funding.

Snow strikes THE first snow of the winter hit Alicante Province with 28 snow ploughs needed to clear and grit 751Kms of road across the Valencian community

21 - 27 NOVEMBER 2013

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Conned her friends Woman jailed for €2million scam By Gemma Quinn A FRAUDSTER has been jailed for five-and-a-half years after many of her Costa Blanca victims lost their life savings in a €2million scam. Caryn Bates, 41, (pictured) and her half brother, Matthew Sullivan, 53, who received seven years, were sentenced at Maidstone Crown Court, Kent, UK. The pair conned their friends in both the UK and the Costa Blanca into handing over thousands of pounds to their bogus company, World Trading, promising high returns on their investments. One such investor was Peter Harding. He met Caryn in 2005 when she was his neighbour in

Aspe. A former bank manager, Bates spoke with Peter about a ‘fantastic investment scheme’ using the currency market. Peter said: “I made an investment and got 2.5-3 per cent back as she said I would, so I never once thought it was a scam.” Bates later left Aspe and moved to Catral.

In the course of the next five years, Peter believes he invested around €140,000 including his mother’s inheritance. However, whilst on holiday in Canada and trying to release funds, concerns began to arise: “They left me high and dry and that is when I knew something was wrong.”

Posting a simple message on a local web forum prompted a flood of enquiries from other investors in the Costa Blanca and UK which led to a UK police enquiry by the serious fraud unit. It is thought they scammed up to 40 people. As Bates starts her prison sentence, Peter and other investors are unsure if they will ever see any of their money again: “I can’t believe how gullible I was. I classed her as friend,” he said.


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Euro Weekly News - Costa Blanca South 21 - 27 November 2013 Issue 1481 by Euro Weekly News Media S.A. - Issuu