EOS Private Equity (AKA EOS Partners) an investment firm in NY, NY bought Silver State Helicopters (SSH), the largest helicopter flight training school in the world, and then a few months later, after allowing SSH's CEO Jerry Airola and his friends embezzle millions from the student's funds, filed for Chapter 7 Bankruptcy.
This left over 2700 students across the country with huge student loans and nothing to show for it. Thousands of lives have been destroyed by the actions of EOS. They sit in their luxury offices on Park Ave in NYC counting their profits from ruining the lives of and crushing the dreams of thousands of would-be helicopter pilots.
Either EOS Partners are the stupidest investors in the world or they are the most dishonest and devious. They either knew all along they were going to shut the doors of SSH and still took new students and collected tuition payments up to the day the doors closed Feb or they were clueless... You do the math. Are they a firm that makes horrible and stupid investments or are they crooked?
The lenders, Key Bank, CIT, Student Loan Express (SLX) all used unscrupulous and unconscionable lending practices under the 'watchful eye' of this so-called professional investment firm. Did EOS know about the dishonest lending practices? Of course they did. If they claim ignorance now, I would warn anyone NOT to do any business with EOS because they obviously don't research the companies in which they invest your money.
Which is it EOS? Are you crooked or are you stupid? We may never know because nobody at EOS will answer letters, e-mail nor will they return phone calls. What are they hiding from? Hiding because they know they ripped off thousands of students and their families or hiding because they made a stupid, ignorant investment and lost millions of dollars for their clients?
Here are your Crooks/Idiot Investors at EOS Private Equity/EOS Partners:
Professionals
Steven M. Friedman
Brian D. Young
Mark L. First
Samuel B. Levine
Simon A. Bachleda
Adam S. Gruber
Brendan M. Moore
Jason W. Pike
Stenning K. Schueppert
Nirav P. Shroff
Finance/Operations
Beth L. Bernstein
Matthew J. Stern
Frank C. Moy
Do we trust them to knowingly rip off thousands of innocent people to make a few bucks for investors or do we avoid them like the plague knowing they are the dumbest investment company in the USA?
What say you, Steven M. Friedman, et al?
Http://www.eospartners.com
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