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Joe Berado’s Lisbon Properties

The Court of Appeal has repossessed Madeiran businessman, Joe Berardo’s Lisbon properties. In a statement, the judges concluded that he used a “facade to hide assets that should serve as collateral for his 400 million debt to bank Caixa Geral de Depósitos.”

Samantha Gannon

info at madeira-weekly.com

Madeira Weekly