Ian Pike 10:52 a.m., March 28
De La Fuente's posh Uruguay restaurant ordered closed
Judge says rotating dining spa, in foreclosure, should be auctioned
La Vista, a fancy, rotating restaurant atop a hotel in Punta del Este, Uruguay, has been ordered closed, according to the Uruguay newspaper, El Pais. It is scheduled to be auctioned June 27. It is one of a series of Uruguay investments made in recent years by Roque De La Fuente, San Diegan who spends much of his time and money in Mexico. In San Diego, De La Fuente is powerful in auto sales and real estate, among many other investments. In 1998, the Federal Deposit Insurance Corp. (FDIC) charged De La Fuente with "personal dishonesty" and a "shocking disregard of sound banking practices," recommending that he be banned from banking. At a hearing, De La Fuente called the agency "worse than the Gestapo." At the hearing, the FDIC showed how De La Fuente's holdings were bewilderingly intertwined. U.S. district court ruled that De La Fuente's constitutional rights had not been violated, and the appeals court generally sided with the lower court.