Well, I remember reading something over the past year here that was posted(do not remember when), that was a court filing saying he had been arrested I believe. Not sure though. But ya, on the bonds....failing my memory...remember the number being somewhere around 12 million?
Most interesting thing to me thos was the fact that ANYONE with a brain would loan that amount of money through bonds to basically an OTC stinky pinky that had a no asset leasing company reverse merged into it. Ultimately, interestingly, with that money Victor supposedly purchased a hand full of large jet engines that needed to be rebuilt. He took them to a company that he was affiliated with(back then when I invested, everyone thought that the rebuild company was going to be merged...but it was not). Think it was called Turbine engine center or something like that. Anyway, so Victor gave them the engines to rebuild. Well, months went by and I guess low and behold....all of a sudden it was relayed to the Bond Holders that THE REBUILD CENTER HAD MISPLACED THE ENGINES!(supposidely) Victor supposedly went back and fourth with the rebuild center and finally ended up suing them because they had not idea what happend to the engines as well as I believe either he or TURA was also sued by the bond holders. That is the last I remember hearing about it or reading posted on here years back.
Anyway, makes me wonder if those two lawsuits through discovery brought forward information that was criminal in those investigations for civil suits. Thus, that could have lead to eventually Victor being charged and put in jail based on that evidence? Not really sure. That is just a hunch.
So, of course, with all that happening there was always a potential that TURA could win the suit against the rebuild center. Not sure whatever happened though. And of course, not sure what happened with the bonds either. So, ultimately, understanding all that history hanging over this, there could be a lot of hands in the pot if in fact this was ever resurrected. That could be some of the reason it is not and will not be at any point in the future. I have a small investment here still. However, I also understand considering all this, and OMNI backing out of the custodial application, this one looks like a long shot at the track at this point. Based on how OMNI pumped this though, if in fact I am right, really feel bad for anyone who was recently sucked into this. OMNI should be held responsible for that part.
