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Resource ID: #23251
Subject: Natural Disaster
Source: MSNBC.com
Affiliation: 
Date: 06/28/2006

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Description

After Hurricane Katrina hit Hancock County, Mississippi, a massive reconstruction project was planned to restore resorts, condominiums and a casino. The developers Paradise Properties of Florida vowed to spend $5 billion to help in the effort, an amount which is worth more than the real estate in Hancock County before the hurricane. But members of the firm have been accused of multi-million dollar internet scams.

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