Spanish Billionaire Spent Embezzled Money On Tiger-Guarded Stud Farm

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Bloomberg   |  Ben Sills and Sharon Smyth   |   January 8, 2009 01:49 AM

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As an urban planning adviser in the sun- drenched Spanish resort town of Marbella, Juan Antonio Roca had after- tax income of less than 150,000 euros a year.

When he was arrested for corruption in March 2006, police seized assets worth 2.4 billion euros ($3.4 billion), including a century-old palace in Madrid, a country estate equipped with a helipad overlooking the Rock of Gibraltar and a stud farm guarded by a tiger.

Read the whole story here.

As an urban planning adviser in the sun- drenched Spanish resort town of Marbella, Juan Antonio Roca had after- tax income of less than 150,000 euros a year. When he was arrested for corruption in Ma...
As an urban planning adviser in the sun- drenched Spanish resort town of Marbella, Juan Antonio Roca had after- tax income of less than 150,000 euros a year. When he was arrested for corruption in Ma...
 
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Sounds like he's entered James Bond Villain territory. Better alert MI5!

    Favorite    Flag as abusive Posted 01:41 PM on 01/09/2009

Love the headline!

    Favorite    Flag as abusive Posted 01:27 PM on 01/09/2009

Greed is insatiable....corruption keeps running deeper unless it is lanced from society.

    Favorite    Flag as abusive Posted 06:09 PM on 01/08/2009
- Heavy I'm a Fan of Heavy 242 fans permalink
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Eat the rich

    Favorite    Flag as abusive Posted 04:28 PM on 01/08/2009
- Melanie226 I'm a Fan of Melanie226 7 fans permalink

Yet another example of the rich behaving badly and defrauding the populace. I wonder what the exact dollar figure is that requires you to cash in your soul to continue. Is it $50 million, $100 million? At $100 million, you have to contractually agree to become human garbage in order to earn an amount above $100 million? I just don't get it.

    Favorite    Flag as abusive Posted 04:22 PM on 01/08/2009

I'm buying a place in Marbella.
They coild use my organizational skills, acumen and wisdom down there.

    Favorite    Flag as abusive Posted 02:48 PM on 01/08/2009

I dunno, I only been to Costa Brava and its the pits.

    Favorite    Flag as abusive Posted 01:43 AM on 01/09/2009
- ZimboChick I'm a Fan of ZimboChick 95 fans permalink
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hmmm!

    Favorite    Flag as abusive Posted 01:31 PM on 01/08/2009
- mytwosense I'm a Fan of mytwosense 8 fans permalink
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Is Xavier Bardim available? This is the stuff movies are made of.

    Favorite    Flag as abusive Posted 11:46 AM on 01/08/2009
- walleymr I'm a Fan of walleymr 10 fans permalink
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They should have fed him to those tigers.

    Favorite    Flag as abusive Posted 08:14 AM on 01/08/2009
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