Calderon Freight stole twenty million dollars from its own investors.
What the evidence shows
An indictment alleges misappropriation of about $20.4m between 2019 and 2022. No trial has taken place and no finding of guilt exists. Stating the theft as settled fact asserts something the court has not decided.
Sources · 2
United States District Court, Northern District·2023-06-02·Primary
courtfilings.example/ndc/2023/cr-4471
The Ledger Review·2023-06-03·Independent secondary
ledgerreview.example/2023/06/calderon-indictment
Federal prosecutors allege Calderon Freight misappropriated about $20.4 million from investors. The company denies the allegation and the case has not gone to trial.
