When AeroVanti took off in 2021, the start-up pledged to revolutionize the private aviation industry by offering luxury flights to well-heeled clients at cheaper rates.
But just three years later the company is mired in lawsuits and has been accused of ripping off customers, employees and contractors to the tune of $40 million.
Speaking to , insiders have now revealed the scale of the scandal - with one lawyer describing the operation as having the 'hallmarks of a Ponzi scheme'.
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