His company, Promociones Lujo Casa, allegedly scammed more than 200 people out of between 4 million and 7 million euros
Residents called the Police as soon as they noticed that the cross had disappeared.
The Council of Majorca's social affairs institute was at the centre of a child prostitution scandal; the "booze tourism" decree was passed; there were preparations for this week's tourism fair in Madrid; and there was controversy about Catalan courses for the police.
German tour operators have upped their offers for Majorca by as much as 40%.
RED ALERT for coastal areas; wind speeds increasing in the northeast and in the Tramuntana.
The court hearing in Palma went on until 3am on Sunday morning.
The Drac de Na Coca lit the bonfire for the Palma party.
Festival organisers are adopting a wait and see approach for the moment.