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The National Court Condemns the Six Children of Ruiz-Mateos for the Staff of Nueva Rumasa – Pledge Times
- The National Court sentenced six children of the late José María Ruiz-Mateos to seven years and four months for a criminal operation between 2009 and 2011 in Spain.
- This sentence followed investigations into the opaque New Rumasa Group, a complex conglomerate managing diverse societies lacking a consolidated legal structure.
- The operation involved continuous fraud, money laundering, and asset crimes within companies sometimes owned through foreign societies in low-tax jurisdictions like Belize and Panama.
- The Anti-Corruption Prosecutor originally requested sixteen-year prison terms, while the Court imposed seven years and four months, highlighting the criminal group's financial misconduct.
- The convicted must jointly compensate victims, and the sentence signals stricter judicial action against complex corporate fraud schemes linked to the Ruiz-Mateos family's enterprises.
18 Articles
18 Articles
The magistrates claim that they took funds from 4,110 people with "aggressive campaigns" in the press to solve the company's debt "hiding their insolvency"The Ruiz-Matthew brothers blame the deceased patriarch to get rid of the fraud of 300 million New Rumasa The National High Court has sentenced to seven years and four months in prison six children of the late businessman José María Ruiz-Matthews for crimes of fraud, money laundering and asset …
The sentence, a presentation by Judge Teresa García Quesada, condemns the brothers, together with Zoilo Pazos and José Ramón Romero, to jointly and severally compensate the injured.
The National High Court has sentenced to seven years and four months in prison six children of the Gaditian businessman José María Ruiz-Matthews for the fraud of some 300 million euros with the promissory notes of the Nueva Rumasa Group between 2009 and 2011. The six sons (Álvaro, Zoilo, José María, Pablo, Francisco Javier and Alfonso), successors of the business of the controversial entrepreneur, have been convicted for crimes of fraud, money l…
The National High Court has sentenced six children of the late businessman José María Ruiz-Matthews to seven years and four months in prison each for the "criminal operative" set up to raise funds for the Nueva Rumasa Group between 2009 and 2011. It is proven that all of them committed crimes of continued fraud, money laundering and asset raising. It should be recalled that the Anti-Corruption Prosecutor's Office demanded at the beginning of the…
They captured funds from 4,110 people with "aggressive campaigns" in the press to solve the company's debt,...
The National High Court (AN) has sentenced to seven years and four months six children of the deceased businessman José María Ruiz Mateos "for a continuing crime of fraud, money laundering and asset raising", in a judgment on the well-known "New Rumasa case". Specifically, it is the brothers Álvaro, Zoilo, José María, Pablo, Francisco Javier and Alfonso Ruiz Mateos, according to this judicial body.
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