Business is booming in quiet coastal towns for the family of notoriously corrupt former NSW politician, Eddie Obeid.

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Mr Obeid is currently in jail for the second time, after being found guilty of conspiring to rig a lucrative coal mining tender to benefit his family.

Four Corners has discovered that despite criminal convictions and corruption inquiries, business for the Obeid family is still flourishing. The investigation reveals how the family is secretly backing a string of multi-million-dollar property developments.

Those projects are planned for beachside towns along the NSW north coast. Local residents are worried they will change their way of live forever.