LED Screen Distributor Lied About $10M Debt, Jury Told

By Rachel Scharf ( January 21, 2025, 10:45 PM EST) — The owner of a now-defunct LED screen distribution company lied to his Korean manufacturing partner about repaying an over $10 million debt in order to keep receiving shipments and pay himself a hefty salary, jurors heard as a civil fraud trial opened in California federal court on Tuesday….

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