Sunday, 13 December 2009

collapse of the Trampolin Hills golf resort in Campos del Río

100 or so of the hundreds of clients affected by the collapse of the Trampolin Hills golf resort in Campos del Río gathered at the site on Saturday in a protest to demand their money back and for those responsible to be sent to prison. The first of the more than 2,500 units planned at the resort were sold four years ago, but none were ever completed.It’s affected clients in Spain, the UK and Ireland, amongst other countries, and it’s understood from La Opinión de Murcia that a group of those affected have made a formal request in writing to a court in Mula to ask that the two owners – Antonio Martínez and Rafael Aguilera – be imprisoned for fraud amounting to 60 million €. Joaquín Guzmán, a lawyer who represents many of the investors concerned, said he believes the two owners could attempt to flee Spain or to destroy evidence.The company is now in administration, but sources at the Grupo Trampolín told the newspaper that they believe the project will still go ahead. They said a way will be sought to pay those who want their money back, but have proposed to some of the purchasers the idea of forming a cooperative to allow the urbanisation to be built. There was no indication of the response to their proposal.
Trampolín Hills was recently fined the amount of 350,000 € for failing to put in place a bank guarantee for their investors. Such a guarantee is required under Spanish law to cover refunds for unfinished properties.

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