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---
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aliases:
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- FIDCO
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- First Intercontinental Development Corp.
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tags:
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- Organization
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- Company
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- FrontCompany
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- NSC
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- NSA
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- PROMIS
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category: "Private Organization"
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updated: 2026-09-22
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updated: 2026-10-08
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summary: "First Intercontinental Development Corporation was a company whose board of directors included prominent figures with ties to government and intelligence, and it was reportedly a National Security Council cutout."
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---
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[[First Intercontinental Development Corporation|FIDCO]] was a company whose board of directors included prominent figures with ties to government and intelligence, and it was reportedly a [[National Security Council|NSC]] cutout. It figures in [[Danny Casolaro]]'s "[[The Octopus]]" investigation.[^1]
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First Intercontinental Development Corporation (FIDCO) was a company whose board of directors included prominent figures with ties to government and intelligence, and it was reportedly a [[National Security Council|NSC]] cutout. It figures in [[Danny Casolaro]]'s "[[The Octopus]]" investigation.[^1]
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### Board of Directors
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@ -27,11 +31,19 @@ The Board of Directors of FIDCO consisted of individuals with significant backgr
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### Activities and Allegations
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FIDCO was reportedly used as a NSC cutout in [[Lebanon]] to arrange the release of a prisoner. According to Seymour, letters of the summer of 1983 between Michael A. McManus and George K. Pender concerned FIDCO's role in Lebanon. A follow-up letter from George K. Pender to [[Amin Gamayel]], the president of Lebanon, indicated that transactions could be telexed to Robert Booth Nichols' address. The Arab Bank Limited in Amman, [[Jordan]], responded positively to a potential financial transaction of "US$ three billion or more" for the reconstruction of Lebanon.[^1]
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FIDCO was reportedly used as a NSC cutout in [[Lebanon]] to arrange the release of a prisoner. [[Peter Zokosky]] told Seymour in 2001 that FIDCO was an "NSA front corporation used in Lebanon," that its directors "contracted" with Nichols, and that he had been on it "briefly."[^2] According to Seymour, letters of the summer of 1983 between Michael A. McManus and George K. Pender concerned FIDCO's role in Lebanon. A follow-up letter from George K. Pender to [[Amin Gamayel]], the president of Lebanon, indicated that transactions could be telexed to Robert Booth Nichols' address. The Arab Bank Limited in Amman, [[Jordan]], responded positively to a potential financial transaction of "US$ three billion or more" for the reconstruction of Lebanon.[^1]
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[[Michael Riconosciuto]] claimed that FIDCO was a NSC corporate cutout and that he was a technical advisor for the organization. He also stated that FIDCO had a companion company called Euramae Trading, which operated throughout the [[Middle East]] and was involved in the drug trade, allegedly as a NSC-directed operation.[^1]
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Robert Booth Nichols used FIDCO to verify his credibility in proposed arms projects, including the construction of an R&D facility for weapons systems on the [[Cabazon Indian Reservation]]. Michael Riconosciuto also claimed that Robert Booth Nichols was involved in illicit activities through FIDCO, including attempting to take embargoed technology out of the United States.[^1]
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### Nevada Charter Record
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The filing index of Nevada charter C417-1961 lists an amendment on August 7, 1984 under the name First Intercontinental Development Corporation, with authorized stock of 10,000,000 shares at one cent par. The same charter's earlier amendments read Nevada Real Estate Investment Corporation (1972), Harbor Resources Incorporated (1979) and Western Smelting & Refining, Inc. (1982); its current record is under the name [[Meridian International Logistics]], Inc., Robert Booth Nichols's holding company, with annual lists filed from 1998 to 2002, a 1992 registered agent in Las Vegas, and the status "Permanently Revoked."[^3] A separate California stock corporation named First Intercontinental Development Corporation (number 0871867) shows Franchise Tax Board suspensions in 1983, 1994 and 2000.[^4]
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### Footnotes
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[^1]: Seymour, Cheri. *The Last Circle: Danny Casolaro’s Investigation into the Octopus and the PROMIS Software Scandal*. First Edition. TrineDay, 2010. Sole source. The company is not mentioned in the House Judiciary Committee's report of 1992 or in the Justice Department's reports of 1993 and 1994 on the INSLAW affair.
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[^1]: Seymour, Cheri. *The Last Circle: Danny Casolaro’s Investigation into the Octopus and the PROMIS Software Scandal*. First Edition. TrineDay, 2010. Sole source.
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[^2]: Seymour, Cheri. *The Last Circle: Danny Casolaro's Investigation into the Octopus and the PROMIS Software Scandal.* TrineDay, 2010, chapter 22, interview of Peter Zokosky, February 14, 2001. Sole source.
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[^3]: OpenCorporates, record and filing list for Meridian International Logistics, Inc., Nevada company C417-1961 (retrieved October 8, 2026). https://opencorporates.com/companies/us_nv/C417-1961/filings
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[^4]: OpenCorporates, record for First Intercontinental Development Corporation, California company 0871867 (retrieved October 8, 2026). https://opencorporates.com/companies/us_ca/0871867
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