The former Treasury Secretary had previously asserted in court filings a connection between defunct JetCard Plus, run by Paul A. Svensen, Jr., and Paul M. Svensen and UberJets
In papers filed with the Supreme Court of the State of New York, County of New York, lawyers representing Steven T. Mnuchin, Inc. (STM) requested the court to dismiss with prejudice his action against UberJets, LLC, Paul M. Svensen, and Paul A. Svensen, Jr.
In a filing last week, the grounded private jet charter operator outlined what its jet card customers might receive in exchange for their $50 million in unused flight credits
What’s nearly $50 million in unused flight credits worth when your jet card provider goes bust?
The answer looks to be less than customers had hoped for, but more than past bankruptcies and closures.
The U.S. Treasury Secretary is still looking recoup nearly $220,000 he lost to defunct private jet charter broker JetCard Plus
In yet another lesson showing it doesn’t matter who you are, it pays to do proper research before you buy into a jet membership program, the check wasn’t in the mail.
U.S. Secretary of the Treasury Steven T. Mnunchin still hasn’t received the $219,623 judgment he won from JetCard Plus and its former CEO Paul A. Svensen, Jr. last May in a Florida Court.
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.