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The_Info_Web/20 - ORGANIZATIONS/PRIVATE/First Intercontinental Development Corporation.md

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FIDCO
First Intercontinental Development Corp.
Organization
Company
FrontCompany
NSC
NSA
PROMIS
Private Organization 2026-10-08 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.

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 cutout. It figures in Danny Casolaro's "The Octopus" investigation.1

Board of Directors

The Board of Directors of FIDCO consisted of individuals with significant backgrounds in government, intelligence, and business:

  • Robert Maheu, Sr.: Vice President, Director; former Federal Bureau of Investigation agent and former CEO of Howard Hughes Operations.1
  • Michael A. McManus: Director, Vice President, and General Counsel to FIDCO; former Assistant to President Ronald Reagan at the White House.1
  • Robert Booth Nichols: Director, Senior Vice President, and Chairman of Investment Committee; CEO of R.B.N. Companies, International, involved in high technology electronics, real estate, construction, and international finance.1
  • George K. Pender: Director; former Director of Pacific Ocean area of Burns & Roe, Inc., an international engineering and construction corporation.1
  • Kenneth A. Roe: Director; Chairman and President of Burns & Roe, Inc., involved in major projects like the United States Fast Breeder Nuclear Reactor Plant.1
  • Frances T. Fox: Vice President and Director; former General Manager of L.A. International Airport and Director of Aviation for Howard Hughes Nevada operations (now Summa Corporation).1
  • Clint W. Murchison, Jr.: Director; owner of the Dallas Cowboys NFL football team, with family ties to powerful political and organized crime figures.1
  • William M. Pender: Director and Senior Vice President; licensed contractor in California.1
  • Glen R. Shockley: Director; consultant to Fortune 500 Companies and international financial consultant.1

Activities and Allegations

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

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

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

Nevada Charter Record

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

Footnotes

  1. Seymour, Cheri. The Last Circle: Danny Casolaro’s Investigation into the Octopus and the PROMIS Software Scandal. First Edition. TrineDay, 2010. Sole source. ↩︎

  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. ↩︎

  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 ↩︎

  4. OpenCorporates, record for First Intercontinental Development Corporation, California company 0871867 (retrieved October 8, 2026). https://opencorporates.com/companies/us_ca/0871867 ↩︎