"Arizona and Sonora state officials were bombarded with criticism Wednesday from more than 100 people at a Phoenix forum on real-estate frauds and failures in northern Mexico.
"You're stealing our money," said one American, facing Sonora's tourism director. "You suck our money into Mexico, where you've stolen it.
"Thousands of Arizonans have bought property in Puerto Peñasco without problems, but an Arizona Republic story in November described how some buyers in a development known as Playa Norte, or North Beach, lost millions of dollars after the project became mired in Mexican court battles."
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Mexico real-estate ventures blasted
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