The criminal network misled vulnerable victims into signing documents they believed were loans or reverse mortgages, while actually transferring ownership of their flats. Notary Enrique Peña confessed to being part of the scheme and will lose his professional status as part of the judicial deal.
“"All defendants recognize the punishable acts attributed to them and, in order to repair the damages caused to the victims, request that the nullity of all described processes be declared."
Lawyer Francisco Comitre accepted a sentence of four years and seven months in prison. Enrique Peña received a sentence of three years and two months but will avoid jail time. A civil trial scheduled for next week will determine how victims will be compensated by insurance companies and professional associations.
