Connect with us

Hi, what are you looking for?

Jewish Business News


Baron Rothschild to Face Fraud Charges in Spanish Court

Baron David de Rothschild

An Alicante, Spain, court has issued a writ to indict as well as Baron David de Rothschild, the chairman of Swiss holding company Rothschild Continuation Holidays, who will now appear in court, The Olive Press reported.

The writ comes as part of an ongoing criminal case against N.M Rothschild & Sons, for fraud and fraudulent advertising.

Please help us out :
Will you offer us a hand? Every gift, regardless of size, fuels our future.
Your critical contribution enables us to maintain our independence from shareholders or wealthy owners, allowing us to keep up reporting without bias. It means we can continue to make Jewish Business News available to everyone.
You can support us for as little as $1 via PayPal at
Thank you.

The Lawbird Legal Services is representing 15 expat couples who claim they have been sold $5.1 million worth of fraudulent equity releases.

“A great opportunity has opened before us to exert maximum pressure on N.M Rothschild & Sons, ” Antonio Flores, attorney for the plaintiffs, announced, adding, “It remains to be seen how the bank will tackle this setback. So far, the Rothschild camp have stood firmly by their CreditSelect loan product, deriding clients’ claims and being dismissive of the authority and capacity of Spanish courts.”

The Olive Press also reported a civil case in a Malaga court against the bank for misleading advertising.

Flores believes the Baron is responsible for allowing the false advertising to be distributed in Spain for his bank’s CreditSelect Series loan.



You May Also Like

World News

In the 15th Nov 2015 edition of Israel’s good news, the highlights include:   ·         A new Israeli treatment brings hope to relapsed leukemia...


The Movie The Professional is what made Natalie Portman a Lolita.


After two decades without a rating system in Israel, at the end of 2012 an international tender for hotel rating was published.  Invited to place bids...

VC, Investments

You may not become a millionaire, but there is a lot to learn from George Soros.