ISSPOL Case: Six Convicted in Decevale Fraud, $693 Million in Damages
Daniel Sebastian Flores La tarde del jueves 18 de junio de 2026, el Tribunal de Garantías Penales de Guayas emitió una sentencia contra seis personas por el delito de falsedad de información , marcando un nuevo capítulo en uno de los mayores escándalos financieros de la historia reciente de Ecuador . Esta decisión se relaciona con acciones destinadas a simular la custodia de recursos del Instituto de Seguridad Social de la Policía Nacional (Isspol) , ocasionando un perjuicio
A Guayas Criminal Court has convicted six individuals for falsifying information related to the Decevale case, a major financial scandal impacting Ecuador's National Police Social Security Institute (Isspol). The convictions stem from actions designed to simulate the custody of Isspol's resources, resulting in damages exceeding $693.4 million. Decevale, a centralized depositary, played a key role in verifying Isspol's investments. Prosecutors allege that false reports were issued, masking questionable investments as valid. The scheme allegedly occurred between 2014 and 2019, involving complex transactions channeled through financial operator Jorge Chérrez. The verdict marks a significant step in recovering the misappropriated funds and holding those responsible accountable.
The conviction of six individuals in the Decevale fraud case related to Isspol marks a significant legal development in addressing a massive financial scandal impacting police pensions.
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