Michael Mastro

Michael (Mike) R. Mastro (born June 1, 1925[1]), is a former American real estate developer. After declaring bankruptcy he became a fugitive in France. The United States tried to extradite him and his wife on charges of bankruptcy fraud[2] but did not succeed.

On June 7, 2018, the Courthouse News Service reported that a Bankruptcy Appellate panel(BAP) ruled that Mastro might have to give information about his foreign accounts.[3]

Biography

Mastro was in business for forty years in Seattle.[4] He declared bankruptcy in 2009. Mastro and his wife moved to France in 2011.[5] They were arrested in Lake Annecy of the French Alps in 2012 and faced extradition hearings.[6][7] After several months of house arrest, they were freed in June 2013, by a French court that denied extradition back to the United States.

Mastro’s bankruptcy has been described as the largest personal bankruptcy in the history of Washington state.[8]

Personal

Mike and Linda met in 1974 when they both worked at the People's Bank. They got married in 1989 after Mike's wife, Joan, died of cancer.[9]

References

  1. ↑ "The Seattle Times | Local news, sports, business, politics, entertainment, travel, restaurants and opinion for Seattle and the Pacific Northwest".
  2. ↑ "The Washington Woes of Michael Mastro and Friends". Forbes.
  3. ↑ https://www.courthousenews.com/bankrupt-tycoon-can-be-forced-to-reveal-assets-panel-finds/
  4. ↑ Brown, Eliot (2011-09-21). "THE PROPERTY REPORT: Creditors Seek Missing Developer - WSJ.com". Online.wsj.com. Retrieved 2012-11-29.
  5. ↑ "French judge spares Seattle couple from extradition". 5 June 2013.
  6. ↑ "Fugitive Seattle real-estate developer, wife arrested in France now face 43-count indictment". Archived from the original on 7 May 2019. Retrieved 28 October 2012.
  7. ↑ Pryne, Eric. "Mastros' $1.4M diamonds now reportedly in France | Business & Technology". The Seattle Times. Retrieved 2012-11-29.
  8. ↑ "The Seattle Times | Local news, sports, business, politics, entertainment, travel, restaurants and opinion for Seattle and the Pacific Northwest".
  9. ↑ https://www.bizjournals.com/seattle/blog/2014/07/linda-mastro-the-woman-behind-the-man.html


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