Bedell

"The end result was that Warpe, Bedell, and Fredriksen invested money in renting three German supertankers. The business went well, and the trio earned $86,000 abroad from the three ships. When Fredriksen later invited Warpe and Bedell to more collaboration, Warpe responded positively. He invested the profits from the three German ships, and they agreed to exchange Spanish land plots for shares in shipping. Warpe's contribution was 80 acres of land on the Canary Island of Fuerteventura, as well as ten acres at Benidorm, and some additional smaller plots."

"The end result was that Warpe, Bedell, and Fredriksen invested money in renting three German supertankers. The business went well, and the trio earned $86,000 abroad from the three ships. When Fredriksen later invited Warpe and Bedell to more collaboration, Warpe responded positively. He invested the profits from the three German ships, and they agreed to exchange Spanish land plots for shares in shipping. Warpe's contribution was 80 acres of land on the Canary Island of Fuerteventura, as well as ten acres at Benidorm, and some additional smaller plots."