The Court of First Instance of Control of the Criminal Judicial Circuit within the state of Carabobo has accredited an arrest warrant for José Rodríguez Álvarez, a Spanish businessman and former president of Hesperia WTC Valencia. The warrant, requested by the Public Ministry, is expounded to varied crimes involving the administration and administration of the resort.
The determination, made on May 20, additionally contains Rodríguez Álvarez’s son, Marcos Rodríguez, and others related to the previous president. The investigation focuses on alleged fiscal, monetary, accounting, and inside management irregularities that occurred over the past two years of his administration, leading to property harm exceeding $5 million to the corporate’s companions.
It is alleged that Rodríguez Álvarez abused the belief positioned in him by the bulk homeowners of the resort by partaking in irregular practices with out their data. These actions, carried out by means of a community of his personal corporations, concerned overbilling, overpricing, and monetary inconsistencies for private achieve.
Additionally, solely a portion of the corporate’s revenue was reportedly declared, whereas different funds had been unaccounted for, deceptive the companions concerning the resort’s profitability. Furthermore, unauthorized companies price over 1,000,000 {dollars} had been allegedly supplied for private profit.
Rodríguez Álvarez, at present a fugitive from justice, has been accused of issuing threats by means of his legal professionals and trying to control the authorized system to his benefit. Authorities anticipate arrests in connection to this case within the coming hours.