
AI-generated summary
The investigation began in July 2025 after a complaint from the EOI Foundation, linked to the Ministry of Industry, about a Sevillian company that falsely presented itself as a collaborator to manage aid from the PADIH Program financed with European funds.
The National Police have arrested two Spanish businessmen accused of allegedly defrauding 1.2 million euros from 28 companies through a scheme based on false aid financed with European funds. Some of the affected businessmen lost up to 150,000 euros. Those arrested, aged 46 and 51, are being investigated for the alleged crimes of fraud, document falsification and membership in a criminal group. The operation has made it possible to clarify 28 criminal acts and during the actions the agents seized two mobile phones, two laptops and 13 credit cards.
The investigation has been carried out by agents from the Moncloa National Police Station, in Madrid, together with the Economic Crime Group of the Provincial Judicial Police Brigade of the Seville Provincial Police Station.
The investigations began in July 2025 after a complaint filed by the EOI Foundation, linked to the Ministry of Industry. According to the investigation, a company with registered office in Seville and related to the development of digitalization projects for companies in the tourism sector would be falsely presenting itself as a collaborator of this foundation.
The researchers maintain that those responsible for the company claimed to have the capacity to manage aid from the Digital Innovation Hubs Support Program (PADIH), financed with European funds, aimed at small and medium-sized companies.
Through the company's sole administrator and its account director, those investigated allegedly convinced the SMEs that, to access the subsidies, they had to advance significant amounts of money. As explained to them, this capital would be used to purchase products and services and subsequently they would be able to recover up to 100% of the investment thanks to European aid.
However, according to the police investigation, the money advanced was never fully refunded and the companies did not receive the aid they had supposedly requested. The network would have directed its activity towards small and medium-sized companies in very different sectors, including real estate, language academies, wholesalers and travel agencies.
The detainees allegedly created the appearance among businessmen that their money was going to be used for legitimate projects related to European programs. To reinforce that trust, investigators maintain that they used falsified official documentation.
The complaints of several of those affected allowed progress in investigations that ended up identifying dozens of possible victims. According to the investigation, the system used had characteristics typical of a Ponzi scheme, capturing money from companies with the promise of participating in projects linked to European funds and subsequently obtaining significant returns.
The investigation culminated on April 7 with the arrest of the two investigated, who took advantage of the company's appearance of solvency and its presence in the sector to generate trust among its potential clients.
The company related to those investigated also had good references and its managers had received various recognitions within the tourism field, circumstances that would have contributed to reinforcing its credibility with the companies recruited.
AI outlook — possibilities, not facts
Formal charges will be filed against the two detainees for the crimes of fraud, document falsification and membership in a criminal group.
Very likely · Within weeks
A judicial process will be opened to determine the responsibilities and possible compensation to the 28 affected companies.
Likely · Within months

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