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Posted by Lowell on February 19, 2002 at 11:19:46:
Earlier this month a question was raised regarding George Paras-Carayannis, noted
tsunami expert and writer of a book on "earthquake prediction". The question raised
some additional questions regarding the reason for his conviction. While looking through
some newspaper accounts I came across one from the Honolulu? Advertiser written
by Ken Kobayashi and published on December 22, 1993. Here are some excerpts
on the verdict in his case from that newspaper account: "A federal jury yesterday convicted the director of a federal tsunami research office
here of money-laundering charges from an undercover "sting" operation. After more than si days of deliberations, the jurors found George Pararas-Carayannis,
suspended director of the International Tsunami Information Center, guilty of two counts
of processing money from an undercover agent posing as the operator of a Waikiki
escort-prostitution service last year. The jurors acquitted him of five related money-laundering charges, but Pararas
Carayannis now faces two maximum 20-year sentences for the guilty verdict on the
two counts. The convictions are the first here under the 1988 federal law targeting money
launderers through "sting" operations. Pararas-Carayannis also faced two related tax charges of overstating deductions and
purchases in 1988 and 1990 corporate tax returns. That trial was to occur in 1994."
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