Denver Magazine, owned by Luxury Media Group, owned by Michael Ledwitz, ripped off and possibly stole (TBD) from hundreds or thousands of subscribers and advertisers of Denver Magazine. It was recently announced that Michael Ledwitz sold all the "key assets" of the company to rival magazine 5280, but 5280 would not be taking on any of the debt from Luxury Media Group: http://www.9news.com/news/local/article/194307/346/5280-buys-Denver-Magazine.
As a "former" subscriber and acquaintance of Michael Ledwitz I was deeply disturbed by the events, particularly how the "sale" happened. Up until now I had always viewed Michael Ledwitz and Denver Magazine with respect, but now it's obvious he is only interested in himself and willing to cause harm to others to fulfill that interest.
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