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Keyword: weller08

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  • Weller investing big in land development in Nicaragua

    09/08/2007 9:22:08 AM PDT · by hedgetrimmer · 40 replies · 961+ views
    WorldNow and WQAD ^ | September 7, 2007 | Associated Press
    Illinois Congressman Jerry Weller is investing a lot of money in land development in Nicaragua. And the Chicago Tribune reports that he didn't reveal just how much land he bought when he made his required congressional disclosures. The paper also says the purchase price listed on American records is dramatically different from the price listed on Nicaraguan records. The Republican congressman started buying land in 2002. Then he started looking for land he could subdivide to attract buyers looking for oceanview property. Weller's investment got a boost and American investors got some legal protections when Congress passed the Central American...