The Income Store took in $144 million from investors over three years before it was shut down by federal authorities, but paid out no more than $40 million, Damian said. Courtright allegedly spent some of the funds to pay his mortgage and school tuition for a family member. As of March 31, the receiver had recovered about $104,000 in cash from The Income Store’s business operations, according to court filings.
Subscribe to Updates
Get the latest creative news from FooBar about art, design and business.