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Article: TRAVEL FIRM CALLED A FLY-BY-NIGHT OUTFIT.(CAPITAL REGION)
- Article from:
- Albany Times Union (Albany, NY)
- Article date:
- June 9, 1993
CopyrightCOPYRIGHT 1993 Albany Times Union. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Byline: BILL EAGER - Staff writer
The Boston travel company accused of bilking high school students out of millions of dollars, including $28,000 from a Schoharie County school, had a long history of financial problems and was known to travel agents as a troubled operation.
The latest owner, believed to have fled to England, bought American Leadership Study Groups Inc. through a federal Bankruptcy Court trustee in Massachusetts two years ago, according to a spokesman for Empire Blue Cross and Blue Shield, which had trouble with earlier owners. American Leadership also operated as Milestone Educational Institute, which folded last week.
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