Castillo allegedly led the Madeira Invest Club, a so-called \u201cprivate investment club\u201d that offered investors opportunities in real estate, expensive whiskey, high-end vehicles, yachts, gold, and crypto<\/strong> while dangling the carrot of guaranteed returns.<\/p>\n As reported<\/a> by the Ministry of the Interior, investor contributions were formalized through digital artwork purchase agreements, which the club promised to repurchase within a set time using pre-established profits.<\/p>\n However, the investigation by the Civil Guard revealed that Madeira Invest Club was just a pyramid scheme that used the profits of the earliest participants to pay newcomers.<\/p>\n Castillo helped far-right politician with crypto<\/p>\n Castillo has also reportedly<\/a> confessed to paying \u20ac100,000 ($115,000) to finance the 2024 election campaign of right-wing politician Luis \u201cAlvise\u201d P\u00e9rez Fern\u00e1ndez.\u00a0<\/p>\n Spain\u2019s Public Prosecutor\u2019s Office demanded<\/a> an investigation into the MEP and alleged Fern\u00e1ndez had reached out to Castillo for advice on setting up wallets for \u201canonymous donations from third parties outside of any financial control by the authorities.\u201d\u00a0<\/p>\n Read more: Spain can soon settle tax debts by seizing crypto<\/a><\/p>\n Fern\u00e1ndez has garnered a large social media following among the Right and, in October, officially launched<\/a> the anti-immigration \u201cSe Acabo La Fiesta\u201d party.<\/p>\n He previously won three seats in last year\u2019s elections.\u00a0<\/strong><\/p>\n The office is also seeking to bring Romillo under the scope of its investigation into Fern\u00e1ndez.<\/p>\n Castillo says he\u2019s returned most of the money<\/p>\n Castillo told<\/a> a court hearing today that he has returned the funds to most of the scheme\u2019s 2,700 victims, however, the Ministry of the Interior estimates that more than 3,000 people were affected.\u00a0<\/p>\n The enterprise involved shell companies and bank accounts across the globe, including entities in the UK, US, Singapore, Albania, Portugal, and Thailand. Castillo claims, however,\u00a0 that he has no \u201cformal training\u201d in finance and was trying to avoid taxes in Spain.<\/p>\n Before his arrest, Spain\u2019s tax agency reportedly detected that he had been moving up to \u20ac29 million ($33 million) overseas.<\/p>\n Got a tip? Send us an email securely via\u00a0Protos Leaks<\/a>. For more informed news, follow us on\u00a0X<\/a>,\u00a0Bluesky<\/a>, and\u00a0Google News<\/a>, or subscribe to our\u00a0YouTube<\/a>\u00a0channel.<\/p>\n \t\t\t![\"\"](\"https:\/\/www.europesays.com\/uk\/wp-content\/uploads\/2025\/11\/Castillos-arrest-1024x576.jpg\")
<\/a>The alleged crypto scammer was pictured being arrested by Spain\u2019s Civil Guard.<\/p>\n