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A Spanish judge from the Audiencia Nacional, José Luis Calama, has initiated legal proceedings against Ángel Ron, the former president of Banco Popular, along with 12 other executives and the auditing firm PwC. The charges stem from an alleged fraud related to the bank's 2016 capital increase, where investors were reportedly misled. The judge has set bail at nearly €3 billion for the defendants. The case, known as the 'caso Popular,' involves accusations of investor fraud and accounting irregularities.
Un juez abre juicio por estafa contra el expresidente del banco Popular, Ángel Ron, y varios directivos, por estafa en la ampliación de capital https://t.co/o6kexichf6
El juez abre juicio contra el exdirector del Banco Popular Ángel Ron, 12 directivos y PwC por delitos de estafa a inversores y falsedad contable en la ampliación de capital de 2016 a la que los inversores acudieron "engañados" https://t.co/egNz1EXFL3
El juez abre el juicio contra Ángel Ron, 12 directivos y PwC por estafa en la ampliación de Popular de 2016 https://t.co/f91ujzF07Q
