Spanish police arrest 56 Britons following a series of Costa del Sol ##ations . Investigators have so far uncovered 500 victims of the timeshare scam . Majority of the victims are pensioners - and prosecutors estimate there will be thousands more who will never be identified . Scam involved calls from fake investors convincing victims to sell property . Fraudsters then exploited the elderly ex - pats ' breach of Spanish law to convince them to pay fake ' admin ' charges of up to £ ##500 .
Spanish police arrest 56 Britons following a series of Costa del Sol raids . Investigators have so far uncovered 500 victims of the timeshare scam . Majority of the victims are pensioners - and police fear there may be thousands more who will never be identified . Scam involved calls from fake lawyers convincing victims to sell property . Fraudsters then exploited the elderly ex-pats ' ignorance of Spanish law to convince them to pay fake 'admin ' charges of up to £35,000 .