An investor in Fluid Truck, the Denver-based vehicle rental startup, has accused its founders of masterminding a “corrupt, unlawful and unconscionable scheme” to take more than $11 million from vehicle owners and then file for bankruptcy to get away with their “naked theft.” “Simply put, Fluid Truck is stealing from its vehicle owners to fund its ongoing operations,” says Tim Urban, an entrepreneur in Littleton who is suing on behalf of 100 investors. A spokeswoman for Fluid Truck, Emily Allen, declined to discuss those theft claims. “While we cannot comment on pending litigation, our vehicle owners are our top priority and we continue to focus on addressing their needs and driving success for them,” she said. The company was founded in Denver in 2016 as Fluid Market, an Uber-for-everything app that allowed users to rent a vast assortment of household items and vehicles.
Scheme By Fluid Truck Defrauded Investors Of $11m, Lawsuit Says
Justin Wingerter, Denver Post
Mon, 10/14/2024 - 2:00pm
Topics: denver-based simply emily allen while uber-for-everything utah denver s august scott avila james jenifer snyder as vehicle investor platform after notwithstanding mr doug trussler los angeles bison was to oct ingka investments related articles medicare colorado medicaid adoption south korean tina peters john crisham david holman urban s colorado springs box runner w ave globeville economy now fluid denver i urban littleton truck ikea kingbee rentals avila i eberhard snyder fvip bison capital bison ap kingbee techcrunch business colorado crisham holman scheme company theft owners proceeds bankruptcy months focus federal fraud case sales owed comment wrote year buy system court reported stolen class money requests board funds
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