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Thursday, December 8, 2011

Exclusive: On the run, U.S. financier finds 'SPANISH REFUGE'

Exclusive: On the run, U.S. financier finds Spanish refuge

"He's wanted for contempt of court in Arizona. He is under investigation by Italian police over his connection with an international bond scandal exposed by Reuters in August and totaling at least $500 million. And he is named as a key player in one of the first criminal indictments following the collapse of Iceland's economy.




But last week you could find David Spargo in a holiday resort on the Spanish island of Majorca. He's a regular at La Batucada cocktail bar, where he might be drinking anything from a cocktail to a beer or whisky. Locals say he also enjoys playing on the 95-euro-a-round ($127) Alcanada golf course, which overlooks the sparkling Mediterranean."

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