This may be of interest
Scamdog
Original Scamdog link
Background:
New Utopia is the name of a proposed city state to be built on the Misteriosa Banks, approximately 120 miles west of Grand Cayman in the Carribean. In this area, there are submerged mountain tops between 4 and 20 meters below the ocean's surface. Building in this area would not be especially difficult. If the area were free of State claims, a new city/country could be built there.
This plan was put together by an American man by the name of Lazarus Long. (A name he took from Robert Heinlein's fictional hero.) Mr. Long's original name was Howard Turney. Mr. Long, originally from Oklahoma, says he found out about the Misteriosa Banks accidentally while pursuing a business deal in Grand Cayman. He shortly thereafter came up with the idea of building a new country there. (The idea of starting a new country has drawn a great number of freedom-seeking people into its grasp.)
Mr. Long has set up his prospective new country as a Constitutional Principality, modeled after Monaco. He calls himself Prince, and his wife Princess. He has set up his son to succeed him as Prince.
Information sources:
ScamDog.com knows has had extensive correspondence and many conversations with Mr. Long, his wife, and others deeply involved with New Utopia (members of the New Utopia Board of Governors and others).
New Utopia web pages: http:www.new-utopia.com
The Facts:
According to a trusted associate, an extensive legal search done in 1999 found that the Misteriosa Banks belonged to the Cayman Islands. (ScamDog.com is working to secure a copy of this report.) Mr. Long was well-informed of this, and chooses to ignore it.
Mr. Long has exhibited a pattern of informing his associates (and the public) of all positive results, while minimizing, ignoring or explaining away every negative result or evidence. He has left his associates hanging in the open more than once.
Opinion:
The idea of building a new city in a place like the Misteriosa Banks is a good one. This type of project that could be done, and perhaps should be done. Lazarus deserves credit for coming up with this idea. He is not, alas, the right person to get it built.
Some reasons:
Under his original name Howard Turney, Lazarus was involved in a number of questionable investment offerings. There have been very many of them, and many of them turned out badly. As of late 1999, Lazarus/Howard was being sued by at least three people in Houston. (ScamDog.com possesses copies of the court filings.) He was further being investigated by the FBI in the US. A number of people are very angry with him. They insist that he swindled them. According to the court papers, Mr. Long's health is not good.
Howard Turney (Lazarus) was the subject of an unflattering article in the Wall Street Journal several years ago. (ScamDog.com possesses copies.)
New Utopia was investigated and shut down by the US Security Exchange Commission in 1998, for selling bonds not in accordance with SEC rules. Lazarus ultimately settled with them (we are unaware of the terms), but in the process, he turned over the names of all his investors to the US Government. This was done without their consent, and with no warning.
Lazarus cannot do what he is telling people he can. He does or should know this. Lazarus wanted the right things, but in his haste, he played 'fast and loose', and has left a trail of disasters behind him. He withholds information when it is unflattering to him. People involved with him are quite likely to be publicly embarrassed, without warning.
This project, which seemed viable in 1998, has steadily degenerated. There can be no more claim of ignorance ("we thought we could build there"), and the rhetoric coming from New Utopia emails is sounding more and more like an open-faced scam. Even the architect who drew up the plans says he hasn't been paid; yet Lazarus continues talking about construction beginning very soon. In early 2001, an urgent plea for more money was made.
Finally: The "Prince" thing is just too weird.
ScamDog.com says "Stay Away"!
There seems to be a different attitude that exists toward Mr.Turney aka "Prince Lazarus"
AmbergrisCaye.com 
