This crash at KTEB was a result of fraud, ineptitude, greed, unlicensed operators and crew and, as you say, an out of CG aircraft. It was another illegal charter by Platinum Jet. Too bad it takes an accident like this to get the attention of the FAA regarding bootleg charter companies.
A fuel tankering conspiracy between company owners and crew caused this event.
Some players in prison now, others due to go soon.