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Owners of a luxury yacht have been fined $100,000 for damaging coral reefs off Hawaii Island. The DLNR says Formosa Wealth Management Group, owners of the 197-foot luxury yacht, dropped their anchor in the Kailua Bay Zone of the Kona Coast Fishery Management Area in 2018. That caused significant damage to 431 coral colonies and about 150-square feet of live rock, the DLNR said.
