The media said referring to the Typically Spanish Web site that the three pensioners, aged between 69 and 71 years, were all Estonian nationals suspected of defrauding 12 banks in the United States, one in Sweden and another in Finland using cloned credit cards.
The pensioners were arrested during a raid at a house in Orihuela Costa, a resort city in Spain's eastern province of Alicante. In the search police discovered forged passports and other documents, firearms and ammunition, bank machine parts, cloned credit cards and imitation weapons.
During the raid the police also found a car stolen from Madrid, which had license plates belonging to another stolen car.
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One of the main achievements of the 6th BRICS Summit was the signing of an official document on establishing a New Development Bank with a declared capital of $100 billion. The creation of the bank is an important step towards institutionalizing BRICS and strengthening its positions in the world in the long run.