Photo via Yahoo Sports

PGA Tour title sponsor Oneflight facing 3 lawsuits of running a Ponzi-like scheme

The private jet enterprise backing a prominent golf tournament has been hit with a trio of legal complaints accusing leadership of operating a fraudulent, Ponzi-style enterprise. Court filings in Colorado detail accusations that the aviation business abruptly halted travel operations and withheld vast sums of client money meant for future trips.

While tournament organizers press ahead with plans for future events, the firm's chief executive faces direct scrutiny over alleged breaches of contract and deceptive practices.

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