Formal Investigative Report: Allegations Against ECI Development & Gran Pacifica
📍 Prepared by: Mark Lepore
Date: September 4, 2025
Purpose: To expose and document alleged fraudulent, deceptive, and criminal practices by ECI Development and affiliated entities operating in Nicaragua and globally.

I. Executive Summary
This report outlines a series of allegations against ECI Development, Gran Pacifica, and associated individuals. The claims include illegal securities sales, racketeering, infrastructure sabotage, tax evasion, and manipulation of Trust structures to bypass national security laws in Nicaragua. The evidence suggests a coordinated scheme designed to defraud homeowners, evade government oversight, and consolidate foreign control over strategic coastal land.

II. Key Allegations
1. Illegal Securities Sales
- Shares sold without registration in Canada or the U.S.
- No prospectus filed; violates securities law.
- No KYC or AML protocols followed.
- Shares issued under a Belize entity that does not legally exist.
2. Trust-Based Property Manipulation
- Homeowner properties allegedly placed into a Trust without consent.
- Trustees: Mike Cobb, Joel Nagel; Beneficiary: Valeria Espinoza.
- Trust used to bypass Nicaraguan coastal land laws.
- Homeowners unaware of Trust structure; possible forgery of signatures.
3. Infrastructure Sabotage
- Unsafe solar installations leading to fires.
- Poor internet, sewage, water pressure, and bridge access.
- Alleged intentional neglect to drive residents out and absorb assets.
4. HOA/HPR Financial Misconduct
- Funds allegedly siphoned into private Trust accounts.
- No transparency or proper accounting.
- Community services underfunded or non-functional.
5. Global Replication of Fraud Model
- Similar Trust schemes used in Canada and other nations.
- Charities and clubs (e.g., Rotary, Lions) allegedly used to launder funds and influence officials.
- Trusts liquidated after asset absorption, leaving taxpayers liable.

III. Legal Implications
- RICO Violations (U.S.): Racketeering, fraud, conspiracy.
- Securities Law Breaches: Unregistered solicitation, false advertising.
- Tax Evasion: Failure to report income, laundering through Trusts.
- Property Law Violations: Bypassing national security restrictions in Nicaragua.
- Consumer Protection Violations: Misrepresentation, unsafe housing, gaslighting.

IV. Spiritual & Ethical Framing
This report also frames the issue as a moral and spiritual reckoning. The “Pharaoh fails” motif outlines ten stages of systemic abuse, culminating in a call for justice, truth, and a new paradigm of leadership rooted in love and unity.

V. Supporting Evidence
- Video testimony from Mike Cobb admitting infrastructure failures.
- Legal documents showing Trust ownership of Gran Pacifica assets.
- Homeowner testimonies regarding solar fires and warranty refusals.
- Business registry searches disproving Belize entity existence.
- HOA financial records (or lack thereof).
- Comparative analysis of Trust liquidation cases in Canada.

VI. Call to Action
- Homeowners: Seek independent legal counsel outside local networks.
- Regulators: Investigate securities violations and racketeering claims.
- Governments: Review foreign ownership structures and national security risks.
- Media & Advocates: Amplify the story and demand accountability.