Archive for March 20th, 2009

Costa Rica beach construction sags as crisis bites

Friday, March 20th, 2009

Once-bustling construction sites on Costa Rica’s Pacific coast are lying silent as a real estate boom fueled by tourists and U.S. expatriates slumps due to the global financial crisis.

At a dozen building sites around the picturesque Tamarindo resort town, where workers once crawled up and down hulking concrete structures, now only security guards stand vigil in the midday tropical sun.

The site is part of a series of beaches known as Costa Rica’s “Gold Coast,” which became one of Central America’s hottest property spots when a local airport began handling international flights six years ago. (more…)

Fugitive who Fled to Costa Rica is returned to Nevada County

Friday, March 20th, 2009

A fugitive who fled to Costa Rica after being charged with stealing money from a vacation management Company in Truckee has been returned to Nevada County to face charges. District Attorney, Cliff Newell says Dean Clark was accused of collecting rents and deposits and not forwarding the money to the property owners.

“When we filed the complaint, it’s a 45 count complaint of various theft charges related to those activities, he took off and we were unable to find him. We got an arrest warrant and ultimately through the hard work of my office and the Truckee Police Department, we were able to catch up with him in Costa Rica.”

Clark spent two months in a Costa Rica Jail before that government would release him to face charges. He is now in the Wayne Brown Correctional Facility on one million dollars bail with a special motion.

“A special motion put in place to where if he presents bail, he’ll have to prove that it’s legitimately gotten money so he’s not using the proceeds from his alleged thefts to make bail.”

Clark will be arraigned next week in Superior Court in Truckee.