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After nearly two decades of litigation, a Florida appeals court has upheld a jury verdict against Steve Ferguson, finding him liable for fraud, conspiracy, and violations of Florida’s Civil RICO law over inflated contracts tied to the construction of the Piarco International Airport.
The Third District Court of Appeal in Miami affirmed the 2022 judgment of $131,318,840.47 against Ferguson, ruling that Trinidad and Tobago had proven it suffered a domestic injury in Florida as a result of the conspiracy.
Ferguson, an American citizen who chaired Trinidad and Tobago’s National Gas Company during the project, argued the country could not bring its claim under Florida’s Civil RICO Act because any injury occurred abroad. His lawyers maintained that the law did not apply extraterritorially and required proof of a “domestic injury,” which they said Trinidad and Tobago had not shown.
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