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The $500 Million Escrow Betrayal | EP 57
Somewhere today, someone may wire $40 million to an aircraft escrow company they’ve never visited, run by people they’ve never met—and barely think twice about it.
Why?
Because aviation runs on trust.
More specifically, it runs on a small group of title and escrow firms, many clustered around the FAA Aircraft Registry in Oklahoma City, that move enormous sums of money and coordinate the paperwork behind aircraft transactions every day.
Most of the time, the system works extraordinarily well.
But Episode 57 asks a more uncomfortable question:
What actually protects your money when trust isn’t…
The skinny
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