Investors Sue Trump Over Failed Resort
CBS Evening News, March 15, 2009
By Ben Tracy
...A hole in the ground is all that's left, and all there ever was, of the much-hyped project - a victim of the real estate and credit bubble bursts. Investors poured $32 million into it and are now told they won't get a penny back.
"In the U.S. we have laws to protect the consumer to make sure their deposit is not being used for construction," said Delores Conway of the Marshall School of Business. "But remember, this is Mexico and laws are different..."
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