Olive Press Newspaper - Issue 362

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IN DEPTH: As the Catalan elections loom, the Olive Press explores the mass grave issue that casts a shadow over them - and who the main Andalucía candidates are See page 6 & 7

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Vol. 14 Issue 362 www.theolivepress.es February 10th - February 23rd 2021

Justice at last

‘Fraudsters’ who ‘stole €6 million’ from British expats to stand trial after Olive Press probe

In disguise

But which controversial expat fasion designer had a day in court this week? Page 5

The good fight

The pacifist bull they refused to kill and a chat with Spain’s hottest young matador

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Police probe launch scammed in dodgy ed after expats claim €6 million investment scheme

FACING JUSTICE: Marbella couple Rhys and Lisa Williams charged with money laundering, while (right) the Olive Press’ first of many front page exposes from 2018

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allegedly swindled millions of euros off numerous friends and contacts, while living on the Costa del Sol. We reported how the pair from Wales drove topof-the-range cars, wore Rolex watches, and paid for €10,000-a-year private schooling, while allegedly taking up to €1.6m from victims in ‘a Ponzi scheme’. Our investigation into the pair was followed up in the UK press, including the Daily Mail and Wales Daily Post, despite the Spanish authorities dragging their heels probing the case. Fortunately for the alleged victims, who collectively lost €6.28 million, the courts in the UK were taking more interest. “It has been many years coming and all the victims are extremely happy,” victim Adrian Parsons, 54, told the Olive Press. “We are all hoping that they will both receive custodian sentences even though it is unlikely we will recover any of the money invested. “We can only hope that they are convicted so that their records be a warning to others who come

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AN alleged serial fraudster is facing money laundering charges in the UK after being exposed by the Olive Press. Former Marbella-based couple Rhys Williams, 39, and his wife Lisa, 38, have BOTH been charged by the UK’s Crown Prosecution Service. The pair are due to appear at Birmingham Magistrates Court on March 17 charged with one count of acquiring, possessing and using criminal property and one count of fraud, a Crown Prosecution Service spokesperson confirmed. It is three years since the Olive Press revealed the couple had

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across them in the future.” The Olive Press revealed in 2018 that the Williams’ alleged ponzi scheme was operating out of Marbella, Dubai and India. A series of victims accused Rhys Williams of snaring wealthy parents at his children’s €10,000-a-year private school in Marbella, with the help of his wife. The victims insist the businessman, who was previously declared bankrupt in the UK, persuaded them to invest huge sums into a paper recycling and printing business, as well as trading platforms, all in Dubai. In return they would be ‘guaranteed a 2% monthly return’. One British pensioner and ex-soldier Brian Livesey, 84, said he invested €1.64 million in late 2014, but never saw a return. “It has destroyed him,” his son Paul told the Olive Press back in 2018. “He had a stroke earlier this year from the stress of it, we are barely keeping our heads above water paying off debts.” Livesey, who once ran a successful UK construction company, was introduced to Williams by a director at a Gibraltar cryptocurrency company. “They were clever and snared him with trips to Wimbledon for tennis, Sweden and to fancy meals out, which was nothing compared to what they got www.ibexinsure.com

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A GROUP of British expats ACCUSED: Rhys Williams called in police after losing have has vacated villa er clothes and Rolexes. than €6 million to an alleged more EXCLUSIVE stopped coming Costa "They live the high life del Sol fraudster. out here sure this was in,” he said. “I’m declared bankrupt with all the apparent credentials and having his some The unsuspecting Brits rency companies. to scheme. Clearly they sort of Ponzi care home company investigated prove they are to €1.64 million each invested up "They hooked him in ran out of in- for fraud. into the alwith trips to ing money." successful and mak- vestors.” leged ponzi scheme operating Wimbledon Despite this, he has been For two years, Williams out and to fancyfor the tennis, Sweden Not initially convinced, able to of Marbella, Dubai and kept help set up several Parsons meals out, which was flew out India. companies, into Dubai where he was promising the money would be cluding Welsh expat Rhys Williams, nothing compared to what returned, claiming his Impact General Trading, they got shown around various is accused of snaring various 36, off him," explained son company in Dubai, Paul. and others in Panama. local "They need that apparently backed facilities Impact General Trading, based expats, including wealthy in to be stopped." up According the Dubai, parents to claims. had been embargoed the victims, Wilat his children's €10,000-a-ye Another and liams and his family had accounts frozen after ar 53, fromvictim, Adrian Parsons, “He reinforced all this have recentprivate school in Marbella. 'illegally ly vacated with Birmingham, invested tailed their exclusive rented bank statements and lotsde- dealing with Iran'. The victims insist the €500,000 into the villa in Marbella. of man, who was declared business- recycling company. Dubai-based official paperwork, which we now Parsons has since asked for his “We understand €500,000 investment think was fake,” he continued. they have in the UK, persuaded bankrupt "He was very convincing," now, back to care rather rapidly for his sick father, who Parsons Initially, the investment left the coast and invest huge sums into them to told the Olive Press, has been di- returned seemed agnosed with "He and his to be genuine a paper reto Wales,” added Parterminal cancer. cycling and printing business, partner were and for sons. as per month living in a €10,000 six months he was paid the first well as trading platforms back the villa in Marbella and promised "Until last month, they 2% agreed per month. 'guaranteeing them a 2%in Dubai, were dressed head to toe Cancer kids at private school, had three in design- “But then the money monthly were still return'. suddenly "Williams promised me I would going to all the top restaurants One British pensioner, get my money back, just like nothing had happened. Brian Litelling me vesey, 84, invested €1.64 how his mother had also million in had can- "At the same time he has left a late 2014. cer and that he wouldn't trail let us and of destruction behind him The former soldier, who down," added Parsons. many lives in tatters." in Marbella for decades, has lived But the money never This week, the UK's has yet to materi- Fraud Serious see any return. alised. Office confirmed to the "It has destroyed him," OlAnother alleged victim, Michael ive Press that it is looking into the Paul told the Olive Press his son McVicar, claims to Williams, but could not comment "He had a stroke earlierthis week. €1.5 million, while up have lost any further. to a dozen from the stress of it, we this year other expats have apparently Following various denuncias, are barely lost Guardia keeping our heads above the between €100,000 and Civil, in Estepona, is also water paying off debts." lion each. Collectively €1 mil- investigating Williams. the group Livesey, who once ran claim they are owed a success€6.28 mil- After numerous attempts to conful UK construction company, lion. tact Williams by phone, was he introduced to Williams finally The replied Olive Press has discovered by email to insist his tor at one of Gibraltar's by a direcinthat Williams left Llys nocence. cryptocurLIFE OF LUXURY: Llangristiolus, in NorthMeddyg "I totally and utterly Rhys had Rolex and deny any alWales fancy cars almost a decade ago after being legations,” he wrote, but did not reply to any further questions.

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has vacated villa


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