Kruger loses Cayman extradition battle as another fugitive, John Felderhof, arrives

As one millionaire fugitive was finally forced to leave his paradise island hiding place to face the music back home, another took his place to cause further embarrassment to the Cayman Islands.Swiss businessman Peter Kruger gave up a 16 month battle to escape justice by leaving the Cayman Islands on May 15 to return to Switzerland to face charges of bankruptcy fraud involving nearly US$272 million.But his place in the public eye has already been taken by John Felderhof, the former chief geologist of Bre-X Minerals, a would-be mining firm that defrauded investors of about $4 billion through false claims of gold finds in Indonesia.