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Yucatan man sentenced to four years for fraud after seven year litigation battle over Isla Mujeres land

Isla Mujeres, Q.R. — A Yucatan businessman has been sentenced to four years in prison for investment fraud that involved the sale of Isla Mujeres land. The man, identified as Arturo N, was sentenced Thursday. Aside from time, he has also been ordered to pay $2.8 million USD in damages.

Arturo N was charged for his part in what turned out to be fraud by a group of investors from Quintana Roo. The June 16 sentence was handed down after José Luis “N”, Daniel Florentino “N”, Aurelio Ernesto “N”, José Antonio “N”, Manuel Tomás “N”, Alfredo “N” and Guillermo Andrés “N” filed a complaint.

The complaint stemmed from the September 2013 sale of commercial land in an Isla Mujeres tourist area for which the investors did not receive title or the land. They also did not have their money returned. The complaint went to court the following year where its been tied up since.

After seven years of litigation, Arturo N was the first in the group to be sentenced. He is expected to appeal.