Anonymous ID: e29401 June 18, 2019, 11:04 a.m. No.6780840   🗄️.is 🔗kun   >>0917 >>0972 >>1004 >>1158 >>1281 >>1293 >>1368

>>6780691

https://nypost.com/2008/10/05/paradise-made-in-the-shade/

 

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NEWS

PARADISE MADE IN THE SHADE

By Isabel Vincent October 5, 2008 | 8:42am

It was a forgotten patch of jungle that the locals called Drunkards Point.

 

Fifteen hundred acres of unspoiled coastland hidden behind a swath of mosquito-infested bush with no roads and no electricity and accessible only via a four-hour Jeep ride from Santo Domingo, the capital of the Dominican Republic.

 

But when lawyer and labor mediator Theodore Kheel, then 54, set foot on the sandy, white shoreline in the late ’60s, he saw gold. Over the next 30 years, he would turn the parcel into an exclusive resort named Punta Cana, where celebrities come to kick back.

 

Now the billion-dollar resort is at the center of a scandal involving Rep. Charles Rangel over unreported rental income he earned as an owner.

 

A closer look shows a development clouded in aggressive business practices and shady partnerships.

 

It was bought in December 1969 for $115,000 by a roster of 60 investors that reads like a Who’s Who of the US labor movement. Among them were George Meany, the AFL-CIO president, Lane Kirkland, the AFL-CIO secretary-treasurer, and Harvard labor academic John T. Dunlop, who would become secretary of Labor.

 

Joining them would be Frank Rainieri, a 20- something businessman and the son of the Italian honorary consul in Santo Domingo.

 

Rainieri was game to help provide access toDominican power circles if Kheel made him a partner in Grupo Punta Cana, the parent company.

 

When the partners needed help clearing the land, they persuaded the Dominican president to send his troops to forcibly evict stubborn, impoverished tobacco farmers and fishermen who had lived there for generations, according to a 1973 exposé in The Wall Street Journal. They offered other squatters $50 to $70 per family.

 

In 1976, an Argentine banker and client of Kheel’s, David Graiver, bought shares in Punta Cana on credit, used them as collateral to borrow $2 million, and disappeared in the crash of a private jet in Mexico. When his body was not recovered, a special grand jury in New York indicted him for looting $50 million from the American Bank & Trust.

 

Kheel’s and Rainieri’s plans to expand the resort required more investors – including Kheel’s friend Rangel – to buy villas, or “casitas,” on the property.

 

Rangel bought in in 1987.

 

Today, Kheel and a small group of investors, including Rainieri, designer Oscar de la Renta and singer Julio Iglesias, control 96 percent of Grupo Punta Cana, a nearly $1 billion concern.

 

It has a world-class golf course, five gourmet restaurants, a spa and its own police force. The firm also owns and operates the Punta Cana International Airport, which accommodates nearly 2 million visitors a year.

 

Along the way, the place became a stomping ground for such Democratic elite as Bill and Hillary Clinton and Terry McAuliffe, as well as Henry Kissinger, Barbara Walters, Uma Thurman and Penelope Cruz.

 

But scandal continues to follow the resort. Two years ago, Dominican authorities began investigating Grupo Punta Cana for suspected tax evasion, according to Dominican press reports.

 

And another Punta Cana property owner, Luis Alvarez Renta, a Dominican businessman and nephew of Oscar de la Renta, began serving a 10-year sentence in July for his role in looting the country’s largest bank. The fraud resulted in the collapse of the Banco Intercontinental, where $3 billion disappeared.

 

Alvarez Renta’s seaside lot is currently available for sale for $11 million.

 

ivincent@nypost.com

Anonymous ID: e29401 June 18, 2019, 11:31 a.m. No.6781004   🗄️.is 🔗kun   >>1035 >>1281 >>1293 >>1368

>>6780840

cgi bod

 

PRESIDENT BILL CLINTON, FOUNDER AND BOARD CHAIR

CHELSEA CLINTON, VICE CHAIR OF THE BOARD

FRANK GIUSTRA

ROLANDO GONZALEZ-BUNSTER

AMBASSADOR ERIC GOOSBY, MD

ROBERT S. HARRISON

BRUCE LINDSEY

CHERYL MILLS

JANET MURGUÍA

NIMA TAGHAVI

 

Bill Clinton tours upscale Blue Mall Punta Cana - Dominican Today

Search domain dominicantoday.com/dr/tourism/2018/02/06/bill-clinton-tours-upscale-blue-mall-punta-cana/https://dominicantoday.com/dr/tourism/2018/02/06/bill-clinton-tours-upscale-blue-mall-punta-cana/

The politician drew the attention of shoppers as he walked through Blue Mall Punta Cana, accompanied by tourism mogul Frank Rainieri and businessman Rolando González Bunster. Clinton was shown the high-end shops and the facilities of the modern establishment that houses major global franchises.

 

i cant get this last article to load spinning for 5 min

Anonymous ID: e29401 June 18, 2019, 11:36 a.m. No.6781035   🗄️.is 🔗kun   >>1294

>>6781004

Rolando Gonzalez-Bunster - Wikipedia

Search domain en.wikipedia.org/wiki/Rolando_Gonzalez-Bunsterhttps://en.wikipedia.org/wiki/Rolando_Gonzalez-Bunster

Rolando Gonzalez-Bunster is a US-based Argentine businessman. He is the founder, chairman and chief executive officer of InterEnergy Holdings, a Cayman Islands-based energy company active in the Dominican Republic, Panama, Chile and Jamaica. A college friend of former President Bill Clinton, he is a director of the Clinton Foundation and a major donor to Hillary Clinton's 2016 presidential campaign.

 

ROLANDO GONZALEZ-BUNSTER

US-based Argentine businessman

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