Cases / Investment funds & advisory
Aircraft Guaranty Corp., Wright Brothers Aircraft Title
Debra Lynn Mercer-Erwin, Federico Andres Machado
This entry summarizes public reporting and government filings. Charges and civil complaints are allegations unless a court has entered a conviction or judgment — check the source for the current status.
- Company / entity
- Aircraft Guaranty Corp., Wright Brothers Aircraft Title
- Industry
- Aircraft purchase escrow deposits / short-term financing
- Pitch & red flags
- Investors paid refundable "escrow fees" of $25,000-$150,000 per transaction to secure aircraft purchase deposits; up to 100 fake airplane sales
Pitch phrases from this case
Source
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