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
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
November 22nd, 2009 · Comments Off
A tunnel built to intercept 5,600 Hondutel telephone lines was discovered beneath the street between 4th Avenue and 2nd Street in the Concepcion neighborhood of San Pedro Sula. The tunnel of fraud was located below a shopping area where several small shops sell clothes and other products.
Hondutel technicians, the prosecutor on duty, and members of the National Directorate of Criminal Investigation (DNIC) were dispatched to the location where they found a decoder device that automatically makes the fraudulent calls without any person needed in attendance for it to work.
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Tags: Honduran Business & Economics
October 23rd, 2009 · 2 Comments
The presidential candidate of the Democratic Unification Party (UD), Cesar Ham, admitted yesterday that its leader, Manuel Zelaya Rosales, confessed to having won the elections through electoral fraud.
During participation in the program “Issues of the Day”, the political leader acknowledged that some time ago, Zelaya Rosales admitted that he won the election by fraud, but justified that all politicians have done so in Honduras.
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Tags: Politics in Honduras