Claim Key Bank Enabled 'Ponzi Scheme'
On February 3, when Silver State Helicopters went tango-uniform,
many of its more than 2,400 students were left with incomplete
training... but owing student loans of $50,000 or more. Comparisons
to a ponzi scheme were common, especially after Silver State's
official press release said it's Chapter 7 bankruptcy filing
resulted from "a sharp and sudden downturn in new student
enrollment."