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2 unusual facts about Wallace Groves


Wallace Groves

Wallace Groves (c. 1902–30 January 1988) was a prominent financier, who, after his release from federal prison in 1944, moved to the Bahamas and there founded and operated the free trade zone, resort, and casino development Freeport on Grand Bahama Island.

The new prime minister, Mr. Lynden Pindling, made new arrangements for payments and diversified into narcotics trafficking, ceding the island of Norman's Cay for use by Carlos Lehder.



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