Mnuchin still owed 200k by defunct Jet Card Plus

Steve Mnuchin private jet

The Trump Treasury Secretary was never paid after receiving a judgment against Paul Svensen’s jet card brokerage

According to The New York Post, U.S. Treasury Secretary Steven Mnuchin filed a Dec. 6 Manhattan Supreme Court lawsuit against JetCard Plus through Mnuchin, Inc.

Mnuchin’s problems with JetCard Plus were first reported by Bloomberg in May.

Zetta Jet’s latest legal woes reveal a business “insolvent almost from inception”

The Chapter 7 Trustee for Zetta Jet alleges the glitzy private jet charter operator was in a constant state of financial distress from the start

The Trustee is seeking to claw back over $450 million from more than a dozen entities

If it sounds too good to be true, it might be too good to be true. While failed Zetta Jet marketed a champagne and caviar image, it apparently was charging Red Lobster prices and moved from financial crisis to crisis from its inception, despite portraying itself as being well-capitalized.

Its website at the time said the private jet charter operator offered “pure indulgence,” combining “Asian inspired service, European chic, and American can do.” It promised, “At Zetta Jet, no desire is too extravagant and no request too difficult.”

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