Grandad did he help run £60 million mafia-style Timeshare con?

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A British grandad is fighting extradition over allegations he helped run a £60million mafia-style timeshare con.

In his defence, Paul Blanchard, 73, says he was secretly working for the Spanish secret service fighting terror.

But police claim he was part of a gang led by Mohamed Derbah – once the enforcer for gangster John “Goldfinger” Palmer, who stood trial for the 1983 Brink’s-Mat gold robbery.

Palmer and Derbah swindled millions out of tourists who dreamed of holiday homes in the Canary Isles. They fell out in the 1990s sparking a bloody turf war.

Lebanese-born Derbah, 54, set up a rival gang and paid accountant Paul for financial advice.

aul says he thought it was a “legitimate business” but when Spanish authorities began investigating Derbah, who they suspected of funding militant group Hezbollah, he agreed to help.

He said: “They approached me when I was working for Derbah and I agreed to work with them to fight the funding of international terrorism.”

Derbah and ten others were arrested in 2001 and Paul agreed to give evidence – until the long-running case hit a hitch.

Paul was jailed in the UK for his part in passport fraud, laundering £375,000 and trying to steal £4.3million from a London bank and transfer it to Spain.

He told Sheffield crown court during his 2008 trial he was secretly monitoring the movement of cash for Spanish agents.

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