In the words of Albert Boadella, "Lucio is a Quijote that did not fight against wind mills, but against a true giant".

He was one of the main participants in an action to raise funds for his political formation, based on a scam against the First National City Bank by forging traveler's checks with printing plates of which he was the author.

Hundreds of counterfeit traveler's checks were distributed throughout Europe and several Latin American countries between January 1980 and December 1982.

The so-called "money recovery operations", of which the City Bank scam was a part, were used to collect of funds destined to support those who struggled and needed it.

[1] The Basque filmmakers José María Goenaga [eu] and Aitor Arregi Galdos created Lucio [ca], a 2007 documentary on Urtubia's life.