By Catracha Hondurena on February 4, 2010
fraud, honduras, land investment, roatan
Business - Economics, Human Interest
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 […]
By Catracha Hondurena on November 20, 2009
land investment
Business - Economics
…”The focus of Pearson’s questionable development effort was Roatan, one of the relatively undeveloped Honduran bay islands in the southwest Caribbean. It lies near the southern end of the world’s second-longest barrier reef, which runs from Cancun in the Mexican Yucatan to Nicaragua. Federal prosecutors argued that Pearson raised money from investors by convincing them […]