Rayco García, a prominent shareholder of Club Deportivo Tenerife, and Reuben de la Red, a former Real Madrid star, are in the eye of the storm after being implicated in a serious fraud and scam case in Dubai. Both face charges of fraud valued at approximately 1.1 million euros, which has led the Dubai authorities to issue an international arrest warrant for Rayco García, who is currently on the run.

Rayco García, the second largest shareholder of Club Deportivo Tenerife, and former Real Madrid footballer Rubén de la Red are currently implicated in a fraud and scam case in Dubai, according to the latest information. The charges against them involve fraud valued at 4.4 million Emirati dirhams (approximately 1.1 million euros). The Dubai authorities have issued an international arrest warrant for Rayco García Cabrera, whose whereabouts are unknown. This incident has been known for some days in the corridors of the football world and among the supporters of Club Deportivo Tenerife, as well as in the Spanish sporting world in general.

The case has emerged following a lengthy investigation by the Dubai authorities, who have detailed how those involved allegedly swindled an important Dubai businessman. Curiously, those involved collected the money in cash, as the case states and as can be seen in the photos, something unthinkable in Spain today. The final judgement of the Dubai courts implies the return of the defrauded money, prison and deportation from the country for Rayco García.

The repercussions of this case are still uncertain, but it will affect the image and career of both Rayco García and Ruben de la Red for life, as well as having possible international legal implications.

It is important to mention that this situation is developing and more details may emerge in the coming days. Apparently Joan Laporta could be implicated, as the arrest warrant itself mentions that the current FC Barcelona president attended meetings in Dubai with the swindled businessman and that they were organised by Rayco Garcia. The sporting community and fans will be watching for updates on this case, awaiting clarification and the resolution of the charges against Rayco Garcia and Ruben de la Red, especially if they are arrested.

It should be noted, that Rayco Garcia and Ruben de la Red, were the backbone of a scam against Real Madrid in Oman in 2014/2015 for document forgery and fraud and which was reported in different national and international media.

An additional unknown arises in this scandal: it is being investigated whether Rayco Garcia has any links to the controversial organisation of the Spanish Super Cup in Saudi Arabia, an issue that the Royal Spanish Football Federation is already facing with scrutiny after the latest arrests of Luis Rubiales' trusted people. Rayco Garcia is presented as the 'procurer' of Spanish football in Saudi Arabia. This possible connection adds a layer of complexity and speculation to the already turbulent case.