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Chinese Contractor Sued for ‘Massive Fraud’ Over Bahamas Resort

The $3.5-billion Baha Mar resort was advertised as the largest of its kind in the western hemisphere, with three luxury hotels, a casino, a convention center and an 18-hole golf course. Work started in 2011 and the resort was set to open in 2014. Photo: IC
The $3.5-billion Baha Mar resort was advertised as the largest of its kind in the western hemisphere, with three luxury hotels, a casino, a convention center and an 18-hole golf course. Work started in 2011 and the resort was set to open in 2014. Photo: IC

The U.S. arm of China’s largest construction company is being sued for “massive fraud” for its role in building a luxury beach resort in the Bahamas.

The American subsidiary of China State Construction Engineering Corp. (CSCEC) — the contractor and construction manager of the Baha Mar resort — submitted “sham billings for hundreds of millions of dollars” and diverted the money for “other projects throughout the Americas and Caribbean,” then-project owner BML Properties Ltd. said in a statement on Tuesday.

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