Man arrested in Spain over Madonna song leak

 

Spanish police have arrested and charged a man with illegally leaking an early version of a new Madonna song. The 31-year-old is alleged to have put a demo of Gimme All Your Luvin on the internet in November. The investigation began after lawyers traced the recording to Spain. The man, described by police as a big fan of the singer, was arrested in Zaragoza. Madonna's first studio album in five years is due for release in late March, with the first single out next month. Police have not named the man arrested, but confirmed his initials as J.M.R. Officers in the northern Spanish city said they found recordings of the song in a search of the suspect's belongings. Madonna, 53, was said to have been "very upset" when the song first leaked last month. Her manager, Guy Oseary, tweeted about the incident and asked fans to help police any further leaks. The singer's upcoming album, her first since 2008's Hard Candy, has already been completed and will be released as part of a new three album deal with Interscope Records. It was also recently announced that the star will perform during the high profile Superbowl half-time show on 5 February.

Britons win case against Spanish developers

 

Peter and Benjamin Schmidt were found guilty by an Alicante court of fraud, sentenced to two years in prison and ordered to repay the £50,000 deposit taken from Keith and Marilyn Brown in 2004. A total of 60 people, mostly British, paid deposits in excess of £50,000 for property sold off-plan via the German father and son company Construciones Monte Puchol S.L. Within the space of a year the expectant homeowners began to realise that building licenses had not and would not be granted to the Schmidts, who had illegally earmarked 'rustic' land on which to build the 60 properties. It remains to be seen whether the decision will set a legal precedent and enable remaining victims, not just of the Schmidts, but of all fraudulent developers in Spain, to claw back their losses. Despite the allegations of fraud and the evidence against the Schmidts, the Browns were required to fund the six-year legal action themselves – something that has left a bad taste in the mouth of Mr Brown, particularly as there is no guarantee that the Schmidts will actually pay back what they owe. "In the UK, if a fraud is committed the police investigate the case and the Crown Prosecution Service pays the cost of the action," he said. "Here we have had to pay for everything ourselves. "Many of the other victims of this scam lost everything and were unable to pay legal fees so just had to walk away. From meeting and talking to other people who were involved there has been an immense amount of heartache and distress caused. I wonder why the Spanish authorities do not provide a legal system that is responsive to the need for a quick legal remedy." Mr Brown said that if it had happened in the UK, UK law would allow an action to sue the conveyancing lawyer directly for not checking the validity of the building licence. Under Spanish law they were unable to take that action. "It is about time the Spanish authorities and lawmakers woke up to the fact that the delay in getting a fair and just outcome is seriously detrimental to the Spanish economy," he said. Despite the positive result there is still the possibility of the Browns having to pay legal fees for an appeal hearing in Madrid and further fees for recovering their losses from the Schmidts and/or the lawyers from Javea. "Our resolve continues to be tested but we intend to continue in our search for justice," said Mr Brown. The Schmidts have been linked to a number of similarly bogus developments along the southern Spanish coastline during the early 2000 boom years of Spanish development and construction. When it became clear to investors that their homes would never materialise, the Schmidts attempted to maintain the fraud by offering to transfer investors' interest to their other property developments in Sagra and Benidoleig. At one stage the Browns were sent a cheque from the Schmidts to cover the airfare to visit one of their alternative developments, only for the cheque to bounce. After that, the Browns decided to instruct a new firm of lawyers to recover their deposit on the original development. Telegraph Expat's Spanish Planning Scandal campaign is supporting the thousands of expats who have been affected by the illegal homes crisis in Spain. You can find all the latest news on the situation here. Share:     inShare 1 Expat Property Overseas Property » Expat » Expat News » Spanish Planning Scandal »   Spanish planning scandal campaign   The Telegraph Weekly World Edition   Expat Directory   Expat picture galleries

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 totalling at least $500 million (320 million pounds). 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 (81 pound) Alcanada golf course, which overlooks the sparkling Mediterranean. Since he arrived in Majorca early this year he has even tried to issue more bonds, one source told Reuters. Spargo's case shows how tough it is for regulators and law enforcement agencies to track and punish alleged financial crimes across borders. Networks of 'shell companies' -- paper-only firms with few real operations -- make it hard enough to identify suspects. Even if regulators can identify them, they are often hard to bring to justice. Spargo may be of interest to officials in at least four jurisdictions around the world but police and civil guard officials on Majorca said they were unaware of the fraud investigation. The 44-year old American is sought by U.S. Marshals for failing to repay $5.5 million to investors in Texas and Virginia who had bought bonds issued by his company. But because the charges against him are civil ones, the United States is not able to extradite him and the U.S. embassy in Madrid says they are not aware of Spargo's presence in Spain. Iceland and Britain (whose top financial services regulator recently called $500 million of bonds Spargo issued in 2008 a "fraudulent instrument") have also not tried to extradite him. A prosecutor in Italy declined to say whether authorities had tried to extradite anyone in connection with the case. "There are likely to be hundreds of suspected white-collar criminals who have moved to other countries and are now living off the proceeds from their alleged crimes," says Andrew Gordon, forensic services partner at accountants PricewaterhouseCoopers (PwC). Police in the City of London say more and more criminals are trying to hide their operations in different countries, using myriad bank accounts to siphon off the profits. Spargo himself denies any fraud. "A lot of your information is extremely incorrect," he told a Reuters reporter from the balcony of his second-floor apartment on November 28. "You'll find out in the next three days."

Spanish royal family hit by fraud scandal

 

The once squeaky-clean Spanish royal family has become immersed in a growing fraud scandal that reveals how members of King Juan Carlos's family may have cashed in on the monarchy's good name. At the centre of the scandal is the king's son-in-law Iñaki Urdangarin, a former Olympic-medal-winning handball player who became the Duke of Palma after marrying Juan Carlos's sporty daughter, the infanta Cristina. Urdangarin and his business partners are the subject of daily leaks from a fraud investigation involving millions of euros of public money as Spain's royal family struggles to hold on to its popularity. Police have raided the offices of his private companies and of a foundation he once presided over, taking away documents. El País newspaper reported this week that prosecutors believe Urdangarin, who has not been charged with any wrongdoing, will be named as a formal suspect in the case within two months. That could be a first step towards formal charges being placed. The royal palace, meanwhile, added fuel to the scandal this week by suggesting Juan Carlos planned to cut the official royal family down to a nuclear core – in effect casting off his son-in-law and daughter. On Thursday morning the palace press office appeared to have received a royal ticking off and publicly backtracked, saying "it deeply regretted having contributed to the fact that some media outlets reported this erroneously". Urdangarin himself, who now works for Spain's Telefonica phone company in Washington DC, has said he is innocent. "When I know the details of the investigations being carried out … I will be able to comment on their contents," he said last month. "My professional behaviour has always been correct." Queen Sofia, meanwhile, has showed public support for her beleaguered daughter and son-in-law, allowing the latest edition of Hola magazine to publish pictures of her visiting them at their home in the US. Speculation in Spanish newspapers has included predictions that Urdangarin will drop his aristocratic title so he can continue as a businessman or that Cristina will renounce her position as seventh in the line to the throne. Within a few years of abandoning his sports career in 2000, and after studying at a prestigious business school, Urdangarin became the owner of a €6m (£5m) house in Barcelona. He set up various companies and became president of a nonprofit foundation, the Nóos Institute. The institute boasted that its patrons included Urdangarin, his wife, an accountant described as an "assessor to the royal household" and professors from two of the world's top business schools, the Barcelona-based Iese and Esade schools. Nóos landed multimillion-euro contracts to organise events for regional governments in the Balearic Islands and Valencia. But public prosecutors in Palma, the capital of the Balearics, have said there is evidence the institute was a front, charging hugely inflated fees and siphoning money off to Urdangarin's private companies. A €1.2m contract with the Balearic Islands was, prosecutors told investigating magistrate José Castro, "totally disproportionate to the task … based exclusively on a fictitious budget which did not analyse a single cost". They said evidence pointed to the foundation being used exclusively to channel money to other companies – many in the names of Urdangarin or his business partners. "That was the sole aim," they said. At least €3.2m out of €5m was passed on from Nóos to Urdangarin's companies, according to Publico newspaper. The scandal comes as the royal family loses support among ordinary Spaniards. A regular poll by the state-run Centre for Sociological Investigation shows that, for the first time since polling started 17 years ago, trust in the royals has fallen below the halfway mark. Spaniards now place greater trust in the press.