Gibraltar 'fraud' lawyers are bailed

June 3, 2010

Two prominent lawyer brothers embroiled in a fraud case in Gibraltar have been released on bail.

Benjamin and Solomon Marrache had been remanded in custody since February. They were bailed on Tuesday on condition they provide £400,000 in sureties and surrender their travel documents. The same conditions were imposed on a third brother, Isaac Marrache, last month.

All three face charges of fraud and have been declared bankrupt. Marrache & Co is now in administration and specialists are investigating claims against it totalling £34 million.

Last updated: 3:07pm, June 3 2010