Seattle developer arrested in France

  • Wed Oct 24th, 2012 8:46pm
  • News

Associated Press

SEATTLE — Fugitive Seattle real-estate developer Michael Mastro and his wife have been arrested in France at the request of U.S. authorities.

U.S. Marshals Service supervisory deputy Kayla Celaya says they were arrested Wednesday in Annecy, a lake town near the Swiss border in southeastern France.

They are charged with six counts of bankruptcy fraud in a newly unsealed complaint in U.S. District Court in Seattle. The now 87-year-old Mastro was forced into bankruptcy by three of his creditors in 2009, and the couple disappeared 16 months ago after a bankruptcy judge ordered them to turn over two diamond rings valued at $1.4 million.

The Marshals Service says that if the Mastros fight extradition it could take months or years for them to be returned to the U.S.