I noticed this Big Island Hui blog posting about the The Villages of Aina Le’a project.Robert Wessels, the managing partner of DW Aina Le’a Development, LLC, has had a pretty checkered past. According to this Environment Hawaii article, he tried (and failed) to open the third largest Indian casino in the United States and was involved in a waste oil refinery (which ultimately went bankrupt and was turned into a super fund site).
However none of this compares to the time-share scam he and Ho`olae Paoa were allegedly a part of about 20 years ago. This resulted in lawsuits being filed in Nevada and Hawaii.
Ho`olae Paoa is ironically now the CEO of Bridge Aina Le’a, LLC .Bridge Aina Le’a sold The Villages at Aina Le’a project to Robert Wessels firm.
DW Aina Le’a Development, LLC was able to resuscitate this project earlier this year by reaching a 62 million dollar financing agreement with Capital Asia Group. They’ve been advertising on line seeking investors to buy a share of the development (here,and here).
DW Aina Le’a recently had the groundbreaking for this project.However in light of the information presented above I wonder if this project will ever get completed ?





