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Trucking Firm After Senator's Request. The New York Times <https://vvww.nytimes.com/2020/08/03/us/politics/yrc-coronavirus-relief-ftmds.html> (8/3, Al, Rappeport, 18.61 M) looks at the federal "rescue" of Kansas trucking company YRC Worldwide after Sen. Jerry Moran (R- KS) asked Mnuchin for assistance. YRC "r
volved investing in various commodities markets and a third convinced victims to invest in a Mississippi casino purchase," but "instead, Phelps and Jason Castenir used the money for operating expenses for their private- EFTA00136444 equity firm, paid themselves and made Ponzi payments to other investors, pros
m at $150,000, down from the longstanding cap of $2 million. Treasury Aided Kansas Trucking Firm After Senator's Request. The New York limes (8/3, Al, Rappeport, 18.61M) looks at the federal "rescue" of Kansas trucking company YRC Worldwide after Sen. Jerry Moran (R-KS) asked Mnuchin for assistance. YRC "rec
volved investing in various commodities markets and a third convinced victims to invest in a Mississippi casino purchase," but "instead, Phelps and Jason Castenir used the money for operating expenses for their private-equity firm, paid themselves and made Ponzi payments to other investors, prosecutors said."
m at $150,000, down from the longstanding cap of $2 million. Treasury Aided Kansas Trucking Firm After Senator's Request. The New York Times (8/3, Al, Rappeport, 18.61M) looks at the federal "rescue" of Kansas trucking company YRC Worldwide after Sen. Jerry Moran (R-KS) asked Mnuchin for assistance. YRC "rec
volved investing in various commodities markets and a third convinced victims to invest in a Mississippi casino purchase," but "instead, Phelps and Jason Castenir used the money for operating expenses for their private-equity firm, paid themselves and made Ponzi payments to other investors, prosecutors said."
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