Indeed JB.
I have never wished bad luck on anyone in this industry before but I make an exception with these people..I hope they never ever get the chance to rip people off again. I was contacted by one of their associates wanting some Dash 8's, even though they had no money at the time...this is just typical of them. They would have taken the aircraft and then not actually wanted to pay for them.
There have been some really good people who have lost a great deal of money because of these disgraceful people and as I have said I would urge all you good people to have nothing to do with them and indeed spread the word.
This recent article is of no surprise whatsoever:
CBI raids Paramount Airway’s office in credit insurance case | Firstpost
Cheers