Tuesday 14 December 2010

Britons lose millions on the Costa homes that never existed - Telegraph

Britons lose millions on the Costa homes that never existed - Telegraph: "investigation is now ongoing into Ocean View Properties, based in Birmingham, which was the British representative for Sun Golf Desarrollos Immobiliarios SL in Spain.
The company was formally dissolved in March last year when investigators and liquidators were brought in to try and recoup some of the losses for its creditors.
No charges have been brought, but the official receiver public interest unit in Manchester has until March 2011 to decide whether or not they will launch a civil case.
It is understood a police investigation was also undertaken, but the decision over whether to pursue criminal charges has yet to be made."

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