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Mr_Creepy · August 11th, 2003, 09:21

Not untrue, but greatly exaggerated. There were a few students who showed up that week.

For example, one young lady was interviewed right after the shutdown, claiming she had lost $45k. About a month later she was interviewed by the Orlando Slantinel and said she had $60k taken from her. A few months later another interview with the same rag and it was up to $75k!!!

My question, "Why is she still giving money to a closed company?"

Now this young lady DID receive her commercial multi with instrument rating. Admittedly she paid for more but she received something for her money.

Now I also heard and have not yet confirmed, that 3 new students borrowed about $60k each from Key Loans and signed up with ATA the monday before Black Thursday. They were claiming that the Williams' ran off with their money but it has now been disclosed that this money never got to the company, but in fact was part of the "escrow" money that the judge awarded to the lawyers.

They still have to pay the loan, which seems entirely not right.

August 11th, 2003, 09:21	#25
Mr_Creepy Old Skool Join Date: May 2003 Location: In the O-zone Posts: 5,810	Re: Current or former students? Not untrue, but greatly exaggerated. There were a few students who showed up that week. For example, one young lady was interviewed right after the shutdown, claiming she had lost $45k. About a month later she was interviewed by the Orlando Slantinel and said she had $60k taken from her. A few months later another interview with the same rag and it was up to $75k!!! My question, "Why is she still giving money to a closed company?" Now this young lady DID receive her commercial multi with instrument rating. Admittedly she paid for more but she received something for her money. Now I also heard and have not yet confirmed, that 3 new students borrowed about $60k each from Key Loans and signed up with ATA the monday before Black Thursday. They were claiming that the Williams' ran off with their money but it has now been disclosed that this money never got to the company, but in fact was part of the "escrow" money that the judge awarded to the lawyers. They still have to pay the loan, which seems entirely not right.