Candwich Scandal!
July 13th 2010 04:27
If anything seems to good to be true, it probably is! And that exactly happened to Candwich which is now deemed to be a fraud. The mastermind behind this product that is yet to be released, Travis L. Wright, reportedly used his investors' money to create this without them knowing about it. The investment was initially for a real estate investment plan but instead was used by Wright to create this aluminium-encased sandwich. Apparently he raised about $145 million from 175 investors between the period of 2001 to 2009. Not only did he use this money to create a product that might have dominated the world with its success but he also used it to buy himself a $15 million property and some lousy $6 million investment property. This guy is now being sued and if he is found guilty, he will have to repay all that investment money to the rightful owners. The downside of this all is that we will never even get to try this phenomenon.
Until next time!
Lily
Source: perezhilton.com
| 68 |
| Vote |
subscribe to this blog
