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March 12, 2014

Trustee’s report blames Myrtle Beach-based Direct Air’s founders for nearly $30.4 million in missing escrow funds

Myrtle Beach-based Direct Air’s founders took more than $30 million from the charter air carrier’s escrow account through a series of fraudulent and improper bank transactions, according to a bankruptcy trustee’s report, but it appears all of the money went to pay the financially struggling carrier’s bills.

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