IM OUTTTTTTTTTTTTT FOR NOW In the SFGN exclusive, it was revealed that Beck was one of the largest victims of Blair’s bankrupt venture, losing over $458,000.00. He is one of 231 investors from a dozen states that lawyers said lost over $15,000,000 in the MMPW collapse. Blair is the sole defendant in the remaining court proceedings, accused of fraud, deceit, and negligent management, amongst other allegations that have mounted up in over a year’s worth of federal pleadings.
Meanwhile, the press release announcing his new gig as a CEO for Life Apps hypes his real estate experience, his autobiography, and ‘Tennis Life,’ a new site he launched last year. It pointedly avoids any mention of his previous experience with MMPW or its failed stock on the OTC exchange.
The new penny stock, LFAP, was trading at one penny as SFGN went to press on Tuesday. Blair claimed his "vision and passion coupled with an impressive portfolio of business success will lead the company in an exciting new direction for revenue and growth in the coveted LGBT Digital Media Marketplace.”
“It does not surprise me that Blair is covering up his past and the bankruptcy of MMPW,” Beck said. “People are entitled to know the truth."