I think there were a lot of people who lost big bucks. By that I mean, $150K was a lot of money to a lot of franchisees. Some even had to get loans, and are probably still paying on those.
I haven't heard anything about where NY is or what he is doing. Probably working his next group of pigeons. I checked the SEC website and didn't see any actions against him. I'm sure he is on their radar in case he tries to be an officer/director of another public company.
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