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In Reply to: Carvanna suspended in Illinois. posted by ghost of olddude55 on May 18, 2022 at 08:22:47:
like billions each. There were some shenanigans about inventory and who actually controlled the vast amounts of cars for purposes of securing funding.
With Covid basically going away, things are returning to normalcy and they're left holding the bag.
Ponzu scheme comes to mind.
Chris
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Follow Ups
- IIRC, it's run by a father/son team and they're now bleeding money...- - Chris Garrett 05/18/2209:59:19 05/18/22 (1)
- Carvanna spent $2 billion acquiring a vehicle auction company. - ghost of olddude55 10:12:07 05/18/22 (0)