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Young Entrepreneur and Pilot Faces Decades in Prison for Insurance Fraud
Theodore Robert Wright III, a young serial entrepreneur and pilot who gained notoriety for chronicling his larger-than-life flying exploits in photos on Facebook and Instagram, now faces the prospect of spending much of the rest of his life in prison after federal law enforcement officials charged the 32-year-old with multiple counts of insurance fraud. Federal prosecutors allege that Wright, who was involved in a highly publicized ditching of his Beech Baron in the Gulf of Mexico in 2012, set… (www.flyingmag.com) Más...Sort type: [Top] [Newest]
He is NOT an entrepreneur, he is a crook.
I knew him! Not like just through social media, but direct contact with him back when I was brokering planes. I tried to put a couple deals together with him but didn't work out - however a number of other people I knew actually did. He seemed like a cool guy - real life James Bond type - never really knew or understood what he did HAHA! He was actually pretty prevalent on here, writing a number of posts, etc. He definitely always tried to buy heaps, bottom barrel as cheap as he could get anything, which would now make sense as he could then flip it through fraud and make a profit. Sucks but sometimes these "entrepreneur/philanthropist" types end up getting found out and bit in the ass! Money can't always buy brains, or flying or driving skill!
"Facebook and Instagram personality." Show me a self-promoter and I'll show you a hack.
From 30+ years in the insurance industry -- Good luck with that case. It's difficult to actually get an indictment, nearly impossible to get a conviction. They are way less than halfway there. Makes a nice story though.
Oh man...read the article. these guys were BRAZEN!!
Throw his sorry ass in jail.
Dumb a**