Property offences

Frustration of execution and punishable insolvencies

The crimes of obstruction of justice and fraudulent insolvency are regulated in Articles 257 to 261 bis of the Spanish Penal Code, which penalize certain actions taken by debtors that are detrimental to the creditors’ rights. What is punished is not the mere fact of owing money to third parties, but rather the actions taken by the debtor to conceal their assets and prevent creditors from recovering the money owed.

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More than property crimes