Quintavalle Ordered To Pay Bond

March 14, 2008

Italian Matteo Quintavalle, who is accused of a multimillion-dollar real estate fraud, has until April 2 to pay a $300,000 bond or go back to jail, prosecutor José Martínez said.

A judge initially set the bond on Feb. 14 but Quintavalle’s lawyers immediately appealed. The judge rejected the appeal late last week.

Quintavalle has yet to be indicted in the case. He was arrested in July after more than 80 investors filed a criminal complaint, alleging he defrauded them of over $12 million for real estate developments on the Pacific coast.

Meanwhile, local and international authorities are still looking to arrest U.S. citizens Christopher Coulther, 37, and Robert Simmons Davis, 44. Both are exbusiness partners of Quintavalle who helped him line up investors.

Martínez and Interpol spokeswoman Mercedes Quesada said the hunt was on.

Coulther is in the United States, according to intermediaries who have contacted The Tico Times. Quesada said the United States and Costa Rica have an extradition treaty but it doesn’t allow either country to extradite their own citizens.

“They can’t be extradited while they are in their own countries but as soon as they leave, Interpol can have them arrested.”

 

Facebook Comments

You may be interested

Lifeguards call for help in Costa Rica: support their work in Osa
Changemakers
782 views
Changemakers
782 views

Lifeguards call for help in Costa Rica: support their work in Osa

Perry Gladstone - October 20, 2018

Over the last four years, the Lifeguards of Costa Ballena have performed 240 in-water rescues, administered first aid 100 times…

Costa Rica Rocks: An evening of progressive metal at Jazz Café
Arts and Culture
424 views
Arts and Culture
424 views

Costa Rica Rocks: An evening of progressive metal at Jazz Café

Eduardo Doryan - October 20, 2018

So there I was, at the fabled Melico Salazar Theater, about to experience the pleasure of seeing the Costa Rican…

PeaceJam to host first Youth Summit in Costa Rica
Peace Talks
784 views
Peace Talks
784 views

PeaceJam to host first Youth Summit in Costa Rica

Alejandro Zúñiga - October 19, 2018

Nobel Peace Laureate Jody Williams will headline the first PeaceJam Youth Summit in Costa Rica next month. The event, scheduled…