Where is jack utsick biography of donald

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Entertainment and other companies compete.He promoted more than 2,000 concerts and appeared in the Pollstar box office record from 1999 to 2006

Ultimately, Utsick and two of his partners would be accused by the SEC of financial misconduct in 2006, including selling unregistered securities, and agree to a settlement that included repaying more than $300 million to his investors.

“I have never recovered. By 2004, Wordwide Entertainment finished at No. 4 with 2,401,533 tickets sold as reported to Pollstar. That led to court-ordered appointment of a receiver who soon realized the company was operating as a fraud. The sentencing caps a decade-long case involving Worldwide Entertainment Inc., a Miami Beach concert promotion firm handling some of the world’s biggest acts that prosecutors say defrauded nearly 3,000 investors.

All told, investors were left with about $207 million in losses, according to court documents. The court-appointed receiver, attorney Michael Goldberg, was able to recoup about $34 million that was distributed to many who had suffered losses.

George Ceshker, a 70-year-old former American Airlines pilot, said he lost about 40 percent of his retirement because of the fraud. The bitter legal battle has lasted more than a decade.

Despite the legal difficulties, Utsk’s defenders remain loyal. I’m a good guy,” he said. He thinks big and he goes for it. “He was known simply as ‘Jack.’ Everyone knew him for his kindness.

There were also discussions about a possible lucrative joint tour with Barbra Streisand and Neil Diamond, according to testimony. He is 80 years old.

From humble beginnings in the 1980s, Utsick rose to prominence as a concert promoter when he began promoting shows in his then-hometown of Portland, Maine, and, after a stint at National Airways, at TWA Work as a commercial airline pilot guard.

While at TWA, he was posted to Jeddah, Saudi Arabia under contract with Saudi Arabian Airlines, where he remained for seven years.

Many of the investor victims are still suffering today. “He’s definitely a dreamer. He thinks big, and he goes for it. … May he now rest in peace and be remembered for all the wonderful things he did in his life on earth …”