Puerto Cancún is a marina and land development in the Mexican state of Quintana Roo, north of the city of Cancún, planned to include a golf course, hotels, condominiums, time shares and spaces for retail businesses. The multi-million-dollar development project was originated as a partnership between Fonatur, Mexico's National Trust Fund for Tourism Development, and Michael Eugene Kelly, the CEO, president and "principal promoter"[1] who, since 2006, has been in custody at the Metropolitan Correctional Center, Chicago, facing charges of operating a $428 million Ponzi scheme that defrauded over a thousand elderly and senior citizens of their retirement money.[2] Advertising in 2010 described the continuing development as "a gated community" offering luxury and security.[3]