Bankruptcy

Bankruptcy

FlyVictor.com and Clive Jackson Charged Alleging “Diversion Schemes” and Fraudulent “Bankruptcy”


CIVIL RACKETEERING “RICO” AGAINST FLYVICTOR.com AND CLIVE JACKSON PROCEEDS IN STATE COURT ALLEGING “DIVERSION SCHEMES” AND FRAUDULENT “BANKRUPTCY” ADMINISTRATION.

The Complaint alleges that “Plaintiff has recently discovered another phase of the plan to deceive it and investors of FlyVictor.com With the concept of future bankruptcy filing in the works, in December 2017, Defendants Alyssum and Alyssum Holdings were formed as Defendant Fly Victor’s parent corporations as insulation and diversion schemes to conceal and hide Defendant Fly Victor’s revenues from Plaintiff and investors. On the surface, these two Defendants were formed to host and initiate private air charter relationships and connections – yet more nefariously to defraud Plaintiff and others as established, in part, by the calculated bankruptcy filing of Alyssum.

It is further alleged in the Complaint that “on or about July 1, 2015, and continuing up through the date of the filing of this Complaint Jackson, Vorster, Northover and Rocha, the RICO Defendants…did knowingly and unlawfully conduct or participate, directly or indirectly, in each Enterprise through a pattern of racketeering activity within the meaning of Fla. Stat. § 895.02(7) (pattern) and Fla. Stat. § 895.02(8) (defining “racketeering activity,”), all in violation of Fla. Stat. § 772.103(1) & (3) (Prohibited Activities).”

The Complaint goes on to allege: “Prior to and during the tenure of the RSA, Defendant Fly Victor received substantial revenues through leads generated by PrivateJet. These monies were used by the “RICO” Defendants to “pump up” the health and value of Defendant Fly Victor in order to lure unsuspecting private equity investors to infuse various rounds of capital funding. The “RICO” Defendants’ enterprise scheme also included the promotion of the alleged “professional accolades” of Defendants FlyVictor.com, Alyssum, and Alyssum Holdings, together with the “RICO” Defendants’ subsidiary companies, specifically, YoungJets LLC, Fly Victor, Inc., and Victor Technology, Inc., in order to cast a spell of legitimacy as to its business strength and investment allure. Moreover, none of the underpinnings of these Defendants’ money laundering activities were detectible through any normal means of due diligence.”

The Complaint also contends: “These Defendants conducted and participated in the affairs of the “RICO” enterprise through a pattern of racketeering activity that consisted of repeated violations of the federal mail and wire fraud statutes and violations of Florida law relative to intentional misrepresentation of corporate accounts, money laundering, and tax evasion – all with the intent to defraud.”

“Our investigation continues and we look forward to the process of uncovering the truth so that justice may be served” says lead Attorney, Jay Farrow.

Should you have any information pertaining to the allegations above, you are urged to contact Farrow Law Firm
Janine, Farrow Law
Fort Lauderdale, USA
954-252-9818
janine@farrowlawfirm.com

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Streamlining the Process: Learn How to File for Chapter 7 Bankruptcy in 10 Simple Steps

People sometimes find themselves in an impossible situation. No matter how hard they try, they can’t catch up with their bills and keep getting further into debt. If you are in this situation, you may be considering bankruptcy. Understanding how to file for Chapter 7 bankruptcy will help you answer this question.

Step 1 – Examine Your Financial Situation

Before considering Chapter 7 bankruptcy, look at your financial situation. Contacting a lawyer, such as those at lawjur.com, can help you figure out what your options are. You may not qualify or you may want to try a different type of bankruptcy. Understand that you can’t get rid of student loans, child support debt, or tax debt through bankruptcy. If you opt to get rid of secured debt, you must surrender the collateral, such as your house in the case of a mortgage.

Step 2 – Look Into Property Exemptions

When you declare bankruptcy, each state allows property exemptions. You may get to keep your car, some equity in your home, your retirement accounts, and furnishings for your home. Make sure this exemption covers everything you want to keep. If not, you may be better off with another solution to deal with your debt.

Step 3 – Attend Credit Counseling

You can’t just decide to declare bankruptcy and file the forms. Filing Chapter 7 bankruptcy requires that you attend a credit counselling course. They want to minimize the chances that you’ll wind up back in the same situation with too much debt again.

Step 4 – Fill Out and File the Required Forms

Next, you need to fill out and file all of the required forms. This can be a bit confusing, and a mistake could result in your case being dismissed, so have a lawyer help with this. List all of your assets and debts, as well as what you’d like to do about secured debts. There’s a filing fee, although you may be able to get this waived or arrange for a payment plan.

Step 5 – Turn in Required Documentation to the Trustee

When you file for Chapter 7 bankruptcy, a trustee will be appointed to oversee your case. This trustee will need documentation to back up the information you provided in your application. Examples of forms you might need include tax returns, bank statements, and paycheck stubs.

Step 6 – Meet With the Trustee

Usually, you’ll need to meet with the court-appointed trustee at least once to go over all of the information you’ve provided and answer any questions the trustee may have. These meetings are usually relatively short. Creditors may be present as well, but that rarely happens.

Step 7 – File Any Motions

You may have objections or need to file other motions relating to your bankruptcy case. You may not agree with a debt that a creditor is claiming, for example. You may be able to get some liens removed in certain situations.

Step 8 – Deal With Secured Debts

Follow through on the plan you made for your secured debts when you filed the paperwork. This could mean returning a car or getting up to date on the payments so you can keep it.

Step 9 – Attend an Education Course

All debtors need to attend an education course before their bankruptcy filing will be discharged. Do this in a timely manner or your bankruptcy may not go through. Use a qualified nonprofit credit counselling agency.

Step 10 – Get Your Discharge in 6 Months

As long as you follow the required steps and are qualified, the process will be completed in about six months. Your Chapter 7 bankruptcy will be complete. The case will be closed.

As you can see, just 10 simple steps can lead to Chapter 7 bankruptcy. The same is true with some other types of bankruptcy.