Honduras News – Daily News about Honduras

News of Honduras in English


Honduras News – Daily News about Honduras




Pearson Found Guilty in Fraud Case

June 14th, 2010 · Comments Off

Christopher Pearson, the former Mashantucket Pequot tribal official convicted of defrauding investors in a Honduran resort project that never materialized, was sentenced today to 21 months in prison followed by three years of supervised release.

U.S. District Judge Robert N. Chatigny also ordered Pearson to pay restitution to his victims.

According to evidence presented during a trial, Pearson, a former deputy chief operating officer for the tribe, collected $280,000 from a number of investors, promising to use it to purchase land on the Honduran island of Roatan. He claimed that the land would be used for a resort and casino project that the tribe was sponsoring.

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Tags: Human Interest

Tribal Court Seals Records

February 4th, 2010 · Comments Off

Excerpt:

Documents related to the settlement of a lawsuit against Christopher Pearson, the former Mashantucket Pequot tribal official accused of defrauding investors in a Honduran real estate deal, have been sealed by the tribal court.

Terms of the settlement are “NOT subject to public/media knowledge,” reads an entry made in the case file following a settlement conference last week. A request for dismissal of the case is expected by the end of this week, the entry indicates…Read entire article here.

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Tags: Honduran Business & Economics · Human Interest

Rixi Moncada Has No Counsel

December 3rd, 2009 · 1 Comment

The former manager of the National Electricity Company (ENEE), Rixi Romana Moncada, currently has no lawyer to defend her.

According to the brief filed by attorney Rigoberto Portillo, the lawyer said he is abandoning her defense because she has not paid for his counsel. The brief was filed a few days ago, reportedly after Portillo’s fees were not paid by his client.

Moncada has arrest warrants pending at both the national and international levels, and was accused by the prosecution on charges of abuse of authority and fraud against the administration of the State of Honduras, the penalty of which is 3 to 6 years imprisonment for fraud.

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Tags: Honduran Business & Economics · Politics in Honduras