The brother of the instructor has corporate relationships with the main involved.

Juana Widowhood   Sevilla  17 ENE 2013 - 20:52 CET

One hundred affected by an alleged real estate scam perpetrated on the Costa del Sol, Dominican Republic and Morocco has challenged the instructor of the cause, José Emilio Ruz Coronado, owner of the magistrate court number 16 of Madrid, because his brother Ignacio Coronado Ruz, corporately linked to the principal involved in the alleged fraud, Ricardo Miranda Miret.

The lawsuit by the scam, which reaches 4 million, has spent nearly two years in instruction. However, the injured have discovered the relationship right now. According to the letter from the lawyers Luis Antonio Flores and Fernando Gonzalez, the brother of the instructor has been "shareholder, secretary and even president of the board of directors of the company Paraiso Tropical SA", also owned by the main accused.

Wed 14 Mar 2012, Written by by ROB SMYTH 

A YOXALL businessman has been ordered to appear before courts in Spain over an alleged multi-million pound overseas property scam.

A subpoena has been served for Colin Thomas, of Town Hill, to appear in Madrid at 10am on Monday, June 4 as part of a class action lawsuit against Spanish developer Ricardo Miranda Miret.

The criminal claim for fraud and misappropriation of funds was lodged last year in an effort to recover money on behalf of dozens of Ocean View Properties (OVP) victims.

The prosecuting lawyer is seeking more than £6.5 million in damages for 70 claimants.

The firm took deposits worth around £80,000 each from British investors, but much of the cash disappeared as the homes failed to materialise, it is alleged.

Mon 06 Feb 2012  Written by by ROB SMYTH
A YOXALL businessman looks set to be called to appear before courts in Spain over an alleged multi-million pound overseas property scam.

A subpoena is set to be served for Colin Thomas, of Town Hill, to appear in Madrid as a class action lawsuit against Spanish developer Ricardo Miranda Miret continues to rumble on in an effort to recover money on behalf of dozens of Ocean View Properties (OVP) victims.

The criminal claim for fraud and misappropriation of funds was lodged in a Madrid court last year and included Mr Thomas and other directors of his firm.

The prosecuting lawyer is seeking more than £6.5 million in damages for 70 claimants.

Continue Reading...
http://www.burtonmail.co.uk/News/Property-tycoon-ordered-before-Spanish-courts-06022012.htm

The sponsor and sole director of Sun Golf, Ricardo Miranda, accused in the case of the same name, which investigates an alleged real estate scam a hundred Irish families, said that provided services to Ocean View Properties for the construction of 400 homes, and never had a relationship with customers, either physically or in writing.

The trial, which took place December 21 in the magistrate's court number 16 of Madrid was held after the lawsuit filed against the directors of Sun Golf Real Estate Development Ltd. and Ocean View Properties for alleged fraud and misappropriation of three failed promotions in Estepona (Málaga), Morocco and the Dominican Republic.

Regarding the promotion of Estepona, Miranda said that "at no time" he had any relationship with clients, physically or in writing, or received "any monetary amount," according to a judicial declaration seen by Efe.

A senior executive from The China Business Network says up to 100 million Chinese will be travelling abroad by 2015, Guardian Business has learned, and significant cooperation will be needed to secure the Caribbean's slice of the pie. Dr Adam Wu, the chief operating officer of the China Business Network, served as the final speaker at last week’s Caribbean Hotel Investment Conference and Operations Summit at Atlantis....

... The $2.6 billion project in The Bahamas is being financed by The Export-Import Bank of China. The majority of the construction is by The China State Construction Engineering Corporation. Although perhaps the most high-profile in the Caribbean, it is just one of many Chinese-affiliated projects in the region.

During his speech, Wu referred the new $462 resorts known as the Punta Perla project in the Dominican Republic, which is also being built and financed through Chinese stakeholders.

Trinidad and Tobago. Within the Third Forum for Economic Cooperation and China-Caribbean Trade, which concluded on Tuesday in Port of Spain, the Asian giant announced loans of one billion dollars to support infrastructure projects in the Caribbean countries, which adds to a growing investment process in the region in recent years, with a major emphasis on tourism-related ventures.

"China can not develop isolated from the world and the world needs China for development," said Vice Premier Wang Qishan at the meeting of Chinese officials and the Caribbean in Port of Spain.

In recent years, the Asian giant, recognized by the World Bank as the most dynamic economy in recent years and the second largest worldwide, with 12% of global GDP has continued to strengthen ties with Latin America and the Caribbean through trade and financial relations and an extensive investor.

EFE,Beijing
The Dominican Republic and China want to advance their economic and trade relations but no diplomatic ties, Efe said the representative of Haiti, Ng Rosa Baez, to be received in China's Foreign Ministry after his recent arrival.

"The Deputy Minister of Foreign Affairs, Zhang Kunsheng and deputy general manager for Latin America, Zhao Bentang showed excellent attitude towards the promotion of cooperation also in the fields of cultural, scientific and development projects when I presented my note verbale" said.

Projects like Cormidom mine in China has 52 percent of the joint venture that operates after investing $ 190 million, along with the Pueblo Viejo, operated by Barrick Gold, the largest gold producer in the world can attract the interest of other Chinese miners.

Dear Client and Investors:

We are attaching the latest photographs of the beach front construction in JPEG format for all to open and be able to see. These are the first of a series of photographs that will be sent out every 15 days showing the progress of the construction on the Beach Front Apartments.

Thursday, 31 March 2011 at 04:30 clock hispaniola.eu

Punta Cana .-The Dominican Republic is a dream destination for foreign investors, the number one.

Not only international guests and leisure guests to Punta Cana, dressed in the east of the Dominican Republic, and investors. Main zone for foreign investment in the Caribbean was in 2009, the Dominican Republic. The same is true for elevations of the first months of the year 2010. Among the latest projects with foreign investors Punta Perla is in Punta Cana, investors from China to invest U.S. $ 462 million here in a tourist project.

Dear Clients, Investors and Friends:

As you have been updated via the newsletters sent out to you during the last year, and depending on the type of unit purchased and contracted, these are scheduled to be delivered within 30 or 36 months from the date of the last permit obtained, which was the Confotur permit and which was finally received in December 2008. This means that most of the units have to be delivered between September 2011 and December 2011, in order not to fall into formal delays and penalties.

Sat, 22 Jan 2011

The announcement of the arrival in the country of capital from mainland China to fund a tourism project "Punta Perla" in the area of Punta Cana, was chosen as the main tourist news in 2010, according to the evaluation of a panel of the Dominican Association of Tourist Press (Adompretur).

The Minister of Tourism Francisco Javier Garcia announced Oct. 14 that the Bank of China and the Bank for Foreign Trade of China financed $ 462 million concluded the first phase of tourism real estate complex in Punta Cana "Punta Perla", led by Spanish investors.

The negative and false statements being written, sent out and provided by "Joseph Mitchell and others", who has not only illegally hacked and taken over the puntaperla.com website, but has also stolen the private commercial information within the domain, that is the private property of Punta Perla and using said information and web site - email addresses in order to send out false information trying to cause damage, harm and derail the Punta Perla development has been denounced and is being investigated and have been identified by the cyber crimes department ",DICAT", of the Dominican National Police.

Dear Clients of Punta Perla:

Some of you may have met me during your trips to Punta Cana /Punta Perla, while others may have read my emails and or the note I wrote in the last newsletter. My name is Alex Rood, I am first of all an investor in Punta Perla, just like all of you! I have a substantial investment in the project. I also am a friend of the developer and the team that has conceived and will build Punta Perla!!

I am a member of the Executive Board of Punta Perla coordinating the overall marketing and sales of Punta Perla, without remuneration.

Dear Clients, Investors and collaborators:

I would like to take the opportunity to formally reiterate to all of you my commitment and obligation to deliver on our promise to build PUNTA PERLA CARIBBEAN GOLF, MARINA & SPA RESORT into the premier resort in the Dominican Republic and the Caribbean!! I also want to express my gratitude to all of you for the patience and consideration received during the last few months.