Some great things are happening in Boquete

At times, especially when I am hiding up on Jaramillo, I feel a bit like a mushroom.  Some good things find there way up the hill. I did hear about the Woodwind concert held in the Evangelical Church in Bajo Boquete on Thursday. I and about two hundred others went to the short but good concert. I was impressed by performance but even more impressed by the mixture of expats and locals there. Even more so, I was pleased to see that the fifty or so children there, were well mannered and did not disrupt the concert. It was nice to see children listening too classical music. I do wish more expats were there, there were a lot of empty chairs. If we, the community as a whole wants growth in the performing arts in Boquete we may need to abandon the bars and football games occasionally to support the arts.

 Still another outstanding surprise that found me was that the Board of the BCP has had the courage to allow Jim Hatch to be Creative Director. For those with short memories or new to Boquete, Jim has an independent theater company here for two years and they did serious Community Theater. Boquete supported both the Boquete Community Players (BCP) and the Chiriqui Players, but our small town within a small town was not enough to provide an audience for both. Now we will find a new BCP with changes coming in many ways. The official schedule to 2013 has been approved and I am pleased to publish it now.

The Boquete Community Players
2013 Season 

January
23-27th         Cosi —– A comedy by, Louis Nowra

‘Louis Nowra has written a terrific play about theatre, madness,
illusions, sanity, life:it’s a big, splendidly Australian epic…’
Set in a mental institution in 1970, Cosi offers up a world of the most
extraordinary, ordinary people.

April
10-14th         Rabbit Hole   A play by, David Lindsay-Abaire

Winner of the 2007 Pulitzer Prize
Rabbit Hole is a transcendent and deeply affecting play, which shifts
perfectly from hilarity to grief and back again.  This is the some of
the most beautiful dialogue ever written.

May
22-26th         Bench Warmers ……… New One Act Plays

A series of new one act plays, whose authors are winners of the BCP
Bench Warmer New play contest.  Last year we had entrants from the
United States and many home grown right here in Panama.
“A delightful and fun filled evening.”

July 31st -August 4th   Proof………. by David Auburn

Winner of the 2001 Pulitzer Prize and Tony Award for Best Play
Proof combines elements of mystery and surprise with old-fashioned
storytelling to provide a compelling evening of theatre.

October 16-20th         The Anastasia Trials in the Court of Women
by Carolyn Gage

A play with intense audience participation! Engrossing, controversial
courtroom drama, where the audience must serve as judge and jury,
deciding motions and verdict, in a case against the five women who
betrayed the Grand Duchess Anastasia Romanov, the last surviving
daughter of the Tsar of Russia. Complex ethical questions on a set of
folding chairs.

“Carolyn Gage’s raucous, multilayered script explores issues of empathy, loyalty, and betrayal among women…” –The Washington Post.
“Verdict: An unexpected delight… ” Miami Herald

“… farcical humor, imaginative plot twists, and just pure theatrical fun…” –South Florida Sun-Sentinel, Ft. Lauderdale.

Rumor, is that other changes are coming to the BCP including incentives for membership. I am looking forward to announcing the details as they find there way up Jaramillo.


Why I chose and live in Boquete Panama

This post is personal and will not apply to everyone, in fact I doubt 100% of it will apply to anyone except me. Like the previous post on budget, these reasons I stay in Boquete will not be the reasons anyone else might choose to live here.

“The longest journey begins with the first step”

I needed a change in life. I was wearing down, too much work, too much stress and a bad feeling about the future.  However the primary motivator for my wife and I to leave Arizona was physical and emotional fatigue, a need for a change and an opportunity. When my youngest daughter completed High School and chose not to live at home for University, we decided this was the opportunity.

In exploring options for a change my wife and I looked at Europe and Latin America. We explored Costa Rica and then Panama.  I spoke very little Spanish, she none. Neither of us wanted heat or beaches, we needed cool and wet after almost forty years of Arizona. We discovered the expat mountain community of Boquete Panama and it was perfect for me, she reluctantly agreed.

After a year and a half the charm of Boquete wore off for my wife, it grew for me. This point is important to people considering a move to any new place for retirement. Retirement is difficult, instead of a couple sharing a few hours a day suddenly they are sharing all day and all night. Toss in a new environment and it can either forge a new stronger tie or drive a wedge. Many people arrive here as couples and some leave uncoupled, others arrive single and find new loves.

What drew me was a change.  Life in Boquete was less expensive than our life in Arizona, with less stress. The climate of Boquete is perfect for me, I love the clouds and year round temperate climate; no air-conditioning, no heating.  Here in Boquete I discovered fishing as a recreation, it is not my favorite thing but a couple of times a year I find myself on a boat with a group of friends angling for tuna. i discovered tropical beaches and learned to relax, something new for me.

As a city boy looking for a change in life, I bought a small farm. I grow my own vegetables, raise chickens, have citrus trees and coffee. Food was one of the motivators for the move. The food chain in the US is broken, the food production by a handful of companies in the US has destroyed the family farm and the quality of food. Yes, prices on food in the US can be lower than what we see in Panama, but the food itself is also lower quality. That is changing here, in October 2012 the US Panama free trade agreement will open the floodgates to US government subsidized exported foods. I suspect that as in Mexico and other countries many small local farmers will lose their battle for survival. Still, at this moment the quality of food is better in Panama. Because I have my own farm my tomatoes will still ripen on the vine, my chiles will still be harvested and roasted by me, I will still pick my own bananas and my eggs and chickens will not get antibiotics or hormones.

As all new immigrants to any place learn, immigration is not easy. You can learn a new language or be isolated from the mainstream culture. You need to deal with a different form of government and entirely different and ineffective legal system. You will need a lawyer for property purchases, immigration and who knows what else. I have been learning Spanish for six years, a little classroom time and a lot of immersion. Slowly I am getting both the language and the culture. It has been said that learning a second language as an adult is difficult, for me it is. However it has also been said that learning a second language as an adult helps prevent dementia, maybe, but even if that is not true it does stimulate the little grey cells, I like it.

When I arrived the healthcare system was not something of much concern, I was still twenty years old, in my head. Later as I used the healthcare system both for my wife, for my daughter when she visited and for myself when my heart decided to be testy, I learned a lot. I and my family received better healthcare in Panama than we received in the US. Doctors here are not yet caught up into the insurance company assembly line process. I have the cell phone number of my doctor.  I feel better about medicine here, with some exceptions, than in the US. Medicine is also more affordable if you are forced to go out of pocket you can for most things. I do pay for a high end international health insurance policy, but I would pay almost as much for far less coverage in Arizona at todays inflated health insurance rates.

I like the people in Panama. Many of the expats I have met here are people, not sheep, and they are from all around the globe. They took a risk leaving their native countries, those who stay are open to new ideas and new cultures. I try to avoid the carpet baggers who are also here being parasites on the new comers, in time people learn who they are and learn to avoid them. I like the Panamanians I know, I have developed some excellent friends who were born here, live here and work here, they also help keep me here.

Then there is the opportunity to grow personally. City boy turned farmer, businessman turned writer and at times a social gadfly. These are all positive changes for me. Many of my peers came here to retire and created new adventures either in business or for the good of the community. Just like any community in any country there are vast needs in Boquete Panama and both expats and locals have banded together to tackle some of those needs. We are a community.

The summary for me is that I moved from the city to the country, I could have done that in Arizona.I found a perfect climate in the mountains a couple of hours from tropical beaches and fishing, not possible in many places. I can swim in both the Pacific and the Caribbean in one day, if I wanted to. I forced myself to learn and grow intellectually both with a new language and a new culture. I learned patience, any Type A personality coming to Panama needs to learn patience or die trying. I enjoy the diversity of geography, language, culture and opportunity. Those are the things that attract me to staying here. Equal are things going on in the US that repel me from returning, but that is another story.

 


The US Presidential Election and Boquete Panama

It may not be about Boquete Panama but US politics effects the world and Panama is a tail wagged by the big dog up north, so it is something I watch, with dismay.

GW Bush was one of many reasons I left the US, a minor one but a contributing factor. Many new immigrants are fleeing the current President and regardless of the winner of the upcoming election, Panama will see a wave of new immigrants fleeing their perception of the changes that will come.

To me Barack Obama has been a weak and disappointing leader for the US. GW Bush was a disastrous leader and Bill Clinton, better than either. I was in the Netherlands working when the entire Monica Lewinsky affair hit the media.  The people I knew in Holland agreed with me, it was bizarrely puritanically American, to care who is having sex with who, politician or not. I liked that trip the dollar bought 1.24 euros, not now, then.

The unfunded wars in both Iraq and Afghanistan coupled with run away spending, extreme tax cuts and a crashing the economy of the Bush years ended the economic boom of the Clinton years. Those actions ended the balanced budget and plunged the economy in the worst recession since the 1930′s. We see the impact here in Panama, new immigrants many of whom cannot sell homes in the US and cannot buy houses here. Despite the excellent growth of the economy in Panama City, Boquete is yet to see much of the impact because of our dependance on retiring immigrants and tourists.

The current US political scene is a disaster, Obama a weak centrist vs. Mitt Romney a man who is denial of the one good thing he did as governor of Massachusetts; his medical insurance program. Ron Paul who captured some hearts with some truth is unelectable, anyone who is honest cannot succeed in politics. All politicians pander to their base when running for office and then do what the people who funded them want once elected.

Although I respect neither Romney or Obama the choice of Paul Ryan by Romney scares me as much as John McCain’s choice of Sarah Palin did four years ago. What are they thinking?

The Republican party of today claims to be conservative, but they want to control what people learn in schools, what people do in their bedrooms and even worse their very bodies. We now have a candidate for the Senate in Missouri,  Todd Akin, who believes the female body can decide whether a rape is a good rape or a bad rape and expel the fertilized egg from a bad rape. How can a rape, by definition be good?  This guy is a “well educated”, Christian who sits on the House Science committee and can spout nonsense. Todays media says the mainstream party is disowning him, but they bred him.

The framers of the US constitution  came from immigrants many of whom fled religious persecution in Europe. They wrote a document that allowed freedom of religion, a rare concept at the time and did not want a State religion. Why tdo so many of these new politicians demand their religious views be imposed by law on those who do not share them?  If you do not want an abortion don’t have one. If you want to pray in school, pray, but don’t tell my child they have to. If you don’t want to eat pork in a school lunch don’t eat it. True conservatives like Barry Goldwater wanted government out of the lives of people, not more and more laws.

I am not going to vote this year, I would need to go to Florida and register, and I am not going to do it. I will watch the election with interest. Regardless of the winner there will be change, if Obama wins and gets a working majority in the Congress he might get a few things done in his second term. If Romney wins he will spend some time trying to reshape  what he can to the whims of those who fund him. Either way the people will lose because unless fundamental, unpopular changes are made by politicians who want to be reelected nothing good can happen.

Some ideas for simplicity. Affordable healthcare was a start, a good copy of what Romney did in Massachusetts, most people don’t realize what the law does they just hear the negative sound bytes. Among other things people cannot have their insurance cancelled when they need it as long as they paid their premiums. People can buy insurance even with pre-exisitng conditions. Insurance companies need to refund excessive premiums collected.

More grants for innovation, a good start too. Sure some things don’t work, but idea that does work and creates a jobs makes up for ten failures.

Reduce some of the tax breaks for corporations. As we expats know, we need to declare and pay income taxes on offshore earnings. Yes we get some exemptions but did you know that corporations do not need to pay unless they repatriate the earnings? As long as Apple leaves profits in China, the US collects no taxes. Eliminate corporate welfare!

How about some workfare instead of welfare for people. Want that check work, FDR did public works projects nationally with WPA it did a lot of good and created a lot of jobs, he also created Social Security. Welfare should only be a short term safety net, not a life entitlement.

Fix Medicare and Social Security, they are good programs. Many retired people would have neither medical care nor food without them. We the current generation who are starting to collect paid for those benefits, we are entitled it however is not an entitlement. If you privatize them, like IRA’s and 401K’s most people will not fund them, and if they did a collapse on Wall Street would wipe them out.

Stop using the US military as a police force for multinational corporations, many of them don’t even pay US  taxes, but taxpayers pay to station troops around the world to protect their interests. No one wants wars except the businesses and politicians that profit from them.

End the war on drugs, unlike ending prohibition this does not even require a constitutional amendment; legalize and tax them. This won’t happen because too many people benefit from illegal drugs. The pharmaceutical industry, private prison industry, corrupt politicians and police all love the war on drugs.

The money saved on imprisoning people for drugs and new taxes collected can be used for health care and education. It costs far more to maintain a prisoner than educate someone in a University.

I can go on, but regardless of who is next in line for the White House bedroom, none of the above will happen, too many people with too much power have too much to lose.

 

 


Ciudad de David, lunch worth a trip

I listened to some legal advice, my lawyer said try lunch at the Ciudad de David, he was right.

20120817-124713.jpg

I can now recommend three high quality restaurants for lunch in David. Add the Hotel Ciudad David to the list that was Mosto Bistro and Cuatro. What makes it different is that Hotel Ciudad David is a high quality buffet. You can enjoy salads, soup, a choice or all of several entrees and desert, with a beverage. Today they had green salad, seafood salad, salad Nicoise, bean soup with ham, grouper, chicken cordon blu, chicken lasagna and toxic deserts.

Lunch Buffet Hotel Ciudad David

David is evolving, there are now restaurants far beyond the typicos. Yes you can still have lunch for $2.75 in numerous place but if you want more than Arroz con Pollo, (Chicken and Rice) there are an increasing number of options. I rarely eat in a typico, more often Chinese or pollo a lena (wood roasted chicken)  but for a treat I am finding myself enjoying better food, better service and more relaxing atmosphere.

You do pay for quality, it is $12 less the jubilado discount plus tax, $9.63 total and well worth it for a relaxing hour


Music, food and a wake, what a weekend

Our Saturday in Boquete Panama started at the Boquete library. Boquete is very fortunate to have a new, modern three story lending library. People reading this in the Untied States might yawn at the idea, but this is a project funded not by the government of Panama, but by private donations of several non profit groups. A major nod of appreciation to the Peterson family and the Lions Club, other groups such as Bid 4 Boquete also contributed.

We were heading down the side road near the police station to the library when we encountered this herd being driven along, maybe to the local hoosegow?

After a short pause to allow the cattle to pass we parked and went to a showing by the painter Chiru.

Mayra scanning works of Chiru

Mayra scanning works of Chiru Boquete Library 11 Aug 2012

I was not impressed by the paintings, but they did have wine, snacks and a band of children.

After indulging in some wine, some snacks and listening to some surprisingly good tunes we marched off to meet some friends a La Posada. La Posada has become our Saturday night haunt, they have good pizza and live music.

La Posada also has lousy acoustics, poor lighting and too much volume, but still for now they are the best Boquete has to offer and Mayra likes their Margaritas.

This week they had Latin Jazz mixed with some salsa, it started out very good and by midnight was too loud for my tired ears. I became a frequent visitor to the tables outdoors out of earshot of the music.

We dragged ourselves out at midnight and decided not to continue the night at Coca Cola in Los Naranjos; so up the mountain we went.

First thing in the morning my farm worker was at the door to notify us that a friend who had been seriously ill had died that night.

We had a commitment for lunch at One Eyed Franks in Palmira and after after ingesting some very good food we went to a wake. It seemed all of the Alto Jaramillo Panamanian community was there, I was disappointed to not see one other non Panamanian neighbor.

I suspect most non Panamanians do not know the traditions in Panama. I did not know about the wake either, Mayra was once again my cultural teacher. Life and death, a daily reality in ever community has different meaning in different cultures. I have so much more to learn about my adopted country.


Lessons for property buyers

“If we can learn from the mistakes of others rather than repeating them, we are wiser for their  experience”

If not for a post on BoqueteNing offering a slice of Eden, in still another urbanization, I probably would not have written this, Caveat Emptor check list. This is a advisory to people who plan to retire into a subdivision or just buy land  in Panama. This is not a complete list so I would ask anyone who wishes to add to it in comments.

(Please do not consider this anything negative about the Eden project.  I know nothing about the project. I am only using it as an example of a marketing piece.)

Those who chose to purchase property in a subdivision (urbanization) do so for various reasons. For some it is a sense of security, for others the sense of common community and each subdivision has other competitive virtues. If we buy into a subdivision we are paying a premium for those elements.

I am extracting this one line from the Eden post, “* There are covenants designed to protect the community without over regulation.

As the residents of another urbanization are learning without those covenants beginning  filed with the Registrario Publico and attached to the Finca there are no protections. If the covenants say there can only be residential development and define the regualtions defining that development those will hold up only if the documents are recorded, if not they are just marketing material. Remember the highest and best use of a property might change and you do not want the lot next to yours to become the neighborhood mini super.

One more caveat emptor, not only in Panama but anyplace in the world, deed restrictions are a legal contract but unless tied to the property and legally recorded they only effect the people who signed them.  If you buy into any subdivision, anyplace, for the specific enhancements marketed by the developers be sure that the restrictive covenants for which you paid a premium are legally enforceable.

Some other questions to ask the developer and be sure the answers are in the contract.

1. Do I contract for utilities directly or are you reselling utilities. If utilities are being resold find out how much more they are going to cost you . Most urbanizations are classified as commercial businesses and if they are reselling utilities they are in the utility business. I pay about $40 a month for electricity, friends in various subdivisions pay $100 – $200 a month.

2. Who owns the water concession. Many of us do not consider water source ownership in a property purchase but none of us can live without water and in Panama all water is owned by the government, rights are conceded to someone. Boquete has balkanized water sources and none of the District is on the National Aqueduct, IDAAN. Who owns your water rights effects availability, maintenance and costs. We on Jaramillo had to fight to gain our water concession for the community and after years, ownership is still unresolved.

3. Who owns the common areas. You might have clear title to your lot, but what about the street in front of your house. If it is in an urbanization, it is a private road, not public. Who is going to maintain it? If a sequester is placed on the owner you might lose your right to access or egress from your own home.

4. Is there a home owners association legally constituted as a “persona judicial” of some type? If not you need to be sure there is and that it has clear bylaws that put the home owners, not the developers, in the drivers seat. That association should, in an ideal world get title to common areas.

5. What are the recorded prices of your lot. Lots recorded at a value of more that $30,000 have property taxes due three times a year. No one is going to send you a bill but if you are ignorant and do not pay the taxes you will have a big, unpleasant surprise at some time in the future.

6. Is your home exonerated on property taxes and for how long. Regardless of the marketing, unless the paperwork is done property and accepted by the tax people at Catastro, you will owe taxes.

7. Is the title on your lot secure. Was it actually subdivided legally, given a Finca number and free of any liens. Panama lacks title insurance, so it is buyer beware and your responsibility on any land purchase, not just a lot in a subdivision to research title.

8. Was a geologic survey done on subdivision property. Request to see it and the ANAM environmental impact study and have someone, not the developer, explain them to you. If neither was done, look someplace else.

9. One more thing not found in Panama is an escrow service. Every Real Estate transaction should have at least two lawyers, yours and theirs, never  take the suggestion that you use just their lawyer to save you some money. You need someone to watch out for your interests.

This is just a short list of due diligence needs that many of us take for granted if we come from a developed country. Panama is a rapidly developing country and although it has a law to cover all occasions those laws are not always followed nor enforced. It is easier to walk away before you make your investment than after.


Cavet Emptor consider this lesson before buying or building

There is no way to sugar coat the disastrous events at Montanas de Caldera in Boquete Panama; but we can learn from what happened. This post is about the geology not only of Montanas de Caldera, but of many areas around Boquete Panama.

One house in Montanas de Caldera needed to be destroyed after it’s swimming pool plunged into Caldera river.

Contrary to what I had thought the pool was quite small and many meters back from the cliff edge, not even close to the edge.

View after the collapse from the canyon

After this event and subsequent investigation, the Civil Defense authority, SINAPROC,  ordered the other houses on the rim be evacuated until a soil study could be done.  Link to information about the order.

The owners of the sub division did commission a study.  I have made the English version of the study available for download at this link.  LINK . It is a 20 meg PDF file that will download if you click the link.

The engineering study suggested that nothing should be built closer than eighty meters from the edge of the cliff. A subsequent amendment changed that line to exclude some lots along the rim. The amendment is part of the same download and appeared to me to be questionable, at best.

I disclaim expertise, I am neither am engineer nor a geologist. I did however submit the report to a engineer in Boquete and an architect in the US who sent it off to an engineer in the US. I did this because I wanted to know what I and others might learn from the disaster in Montanas de Caldera.

The summary is that both engineers believed the original report was well done and thought the eighty meter rule was minimum. The US based engineer said, “run away as fat as you can”.  Do not build, not even as close as the recommended “stay back eighty meters”. He said eighty meters is a safety margin of one, he likes a margin of three,  two hundred forty meters back. He said, the river will most likely flood off and on, run into the banks, undermine them again, change directions, undercut and ‘eventually’ the area will cave in. It is not a matter of if, but when, it just time related. The engineer also said that the rock down deep will let water in and undermine the stability of the entire ridge.

After this disaster and the prior slides into Valle Escondido (link),  we, the buyers, must beware.

The lesson we can learn is about living on beautiful view or hillside property anyplace. It has special import in Boquete which has many mountains that are really piles of rock and not solid rock. Before investing in property or in building your dream house, have the land checked for geologic issues. The investment in the required studies can allow informed decisions. I am sure if these studies were done and presented to perspective buyers they would never have bought or built on these lots, learn from their experience.


Saturday night, a good time for dancing in Boquete Panama

I was reading on Chiriqui chatter that the only live music in Boquete Panama is Mikes Global Grill; that is wrong. Last night we joined a small group of others dancing to latin beats at La Posada. When La Posada first opened I was unimpressed by their attitude and food. Now I find myself recanting and going their weekly, in fact I spend more time there than in any other place in Boquete.

La Posada is faux Argentine, the owner is from Argentina and has brought some good things with him. The pizza has become progressively better.  When my son was visiting we discovered their deep dish Tango pizza. I would never have considered it, but having someone who spent years in Illinois and much time in Chicago with me, with decided to try a deep dish pizza in Boquete. We were so impressed we returned three more times in three weeks and it was consistently excellent. I cannot shake an old college habit, cold beer and hot pizza for dinner, warm beer and cold pizza for breakfast; I do need to grow up a little.

La Posada Boquete Panama

Pizza La Posada Boquete Panama

My son is not a dancer but Mayra is so when we hear about live music for dancing, latin in particular we try to go. In the past the only venue has been Coca Cola, a disco in Los Naranjos. Now La Posada is a real option. They do not always have live music and sadly do not promote it to the expat community, but there are at times banners up on the road coming into town.

La Posada Boquete Panama

Music at La Posada Boquete Panama

Boquete continues to evolve into more of a hub for food, entertainment and culture. I am enjoying the evolution.


Tariffs are coming down.

Perhaps because of the pending implementation of the US – Panama Free trade agreement, or maybe just to lower the cost of imports for Super 99, the government has eliminated some import duties. This change does not eliminate the 7% ITBMS just the import duty.

If the savings are passed on to consumers some prices on some items might decline in some stores. More likely, those of us who import for ourselves will save money and merchants who import goods will gain profit. Time will tell; perhaps I am too jaded and cynical.

According to Airbox express (link) the duties have been eliminated on the following items:

LIST OF ENTERING TARIFF “FREE” SCANNER, CELL PHONE, COMPUTER ACCESSORIES, ACCESSORIES FOR CELL FOR COMPUTER PART, A (data) SWITCH, ROUTER, COMPUTER (NO LIMIT VALUE) KINDLE / iPad / PALM / TABLETS, DIGITAL CAMERA, AUTOVIDEO CAMERA, MONITOR TV , COMPUTER MONITOR, TV, modem, HEADPHONES, HEADSETS, TELEPHONE OR RADIO ANTENNA, RADIO TELEGRAPHY, RADIO COMMUNICATION, SOFTWARE, TELECOMMUNICATIONS EQUIPMENT

I could not find the law making this change but with the help of Velkes from Mail Box Etc, I now have a copy. If you would like to see the actual list you can click on this link and download the PDF file. LINK

Happy importing!


Roy Knight, an update

Back in May 2012 I wrote a piece on the carpetbaggers who come to Panama and exploit others. One of the characters in the discussion was a man locally known as Roy Knight. Until then  I am going to discuss only the criminal charges for fraud discussed in May because I have the documents. This is a fast simple, to the point update.  If any of the other people who told me they have legal issues with Roy want to provide court documents, I will share them also.

In this case Roy was personally charged with the crime of fraud. The charges are criminal and were instigated by another expat who alleged Roy, personally, sold him land that Roy did not own. The public court record in this incident alleges Roy sold the land, that money was deposited into a bank account in Panama to his benefit and that he never delivered the land and in fact was never an owner of the land sold.

This allegation made it through a prosecutor and to a judge in the local equivalent of a preliminary hearing. The trial which could have ended up with Roy either acquitted or jailed was scheduled for last week.

Just prior to the trial Roy made an offer of financial restitution which was accepted by the complainant and under the laws of Panama the criminal charges were dropped.

Roy was neither convicted, nor acquitted, but paid sufficient restitution to resolve the matter.

Panama is a Mecca for white collar crime. To those who do any business in Panama do not deal on a handshake; have your own lawyer and good contracts. Contracts and actions do matter here, but only if it is in writing. In this case the legal system worked to the satisfaction of the plaintiff but it is always best to avoid court in any country.

If choose to do business with Roy,  that is your decision. If you discover  you need to contact the lawyer who successfully forced him to pay this time, he is Julio Espinosa Brown.

Julio Espinosa Brown , jcbrown@cwpanama.net