Abused By Illusions

Wed Dec 15, 4:47 PM ET

By Larry Fine

NEW YORK (Reuters) - Jimmy Walter has spent more than $3 million (1.5 million pounds) promoting a conspiracy theory the September 11, 2001, attacks on the United States were "an inside job" and he is offering more cash to anyone who proves him wrong.


Reuters Photo



The millionaire activist is so convinced of a government cover-up he is offering a $100,000 reward to any engineering student who can prove the World Trade Centre buildings crashed the way the government says.


"Of course, we expect no winners," Walter, 57, heir to an $11 million fortune from his father's home building business, said in a telephone interview from California on Wednesday.


He said a panel of expert engineers would judge submissions from the students.


Next month, he also launches a nationwide contest seeking alternative theories from college and high school students about why New York's World Trade Centre collapsed. The contest offers $10,000 to the best alternative theory, with 100 runner-up awards of $1,000. Winners will be chosen next June.


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