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Toyota profit nearly doubles in first quarter, aided by weaker yen and steady U.S. and India demand
The Apex Times

THE APEX TIMES

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Man awarded 10 Ford dealerships under trust deal, but later ran into a $30 million obligation tied to spending that Ford money on an MMA league
The Apex Times

THE APEX TIMES

Business / The Apex Times

Man awarded 10 Ford dealerships under trust deal, but later ran into a $30 million obligation tied to spending that Ford money on an MMA league

A dispute highlighted in a recent business report alleges that Walid “Wally” Darwish received control of ten operating car dealerships in a “for free” arrangement, then used funds held in connection with those dealerships to support his brother’s mixed-martial-arts league, ultimately leaving him facing a $30 million debt.

Aug 3, 9:59 PM EDT