In a stunning turn of occasions a top US-based firm in the houseboating market, has actually submitted a criminal case against Xoel Álvarez Mazaira, CEO of Mínimo Boats, declaring illegal activities and a Ponzi scheme This dispute has actually intensified following the American firm's repayment of 233 million euros for 18 devices, part of a larger 120-unit order that had to be terminated as a result of Mínimo Boats' failure to provide promptly, some devices being delayed for as much as a year The debate escalated when a 103 million euro deposit was suspiciously relocated amidst the firm's bankruptcy Xoel Álvarez Mazaira, CEO of Mínimo Boats Mínimo Boats, once celebrated for its cutting-edge floating house styles, is currently under scrutiny for falling short to satisfy its ambitious dedications to its client The American firm declares that only 12 of the guaranteed 18 watercrafts were supplied, lots of with problems, and 2 in an unusable state This violation of count on extends beyond economic losses, as the US company claims Mínimo Boats drew away funds implied for their order to provide boats to various other customers, a timeless characteristic of a Ponzi scheme https//wwwfarodevigoes/economia/2023/12/13/astillero-barcos-casa-enfrenta-querella-95750766html in Mínimo Boats turned sour when the last encountered settlement suspension personal bankruptcy process and subjected its staff to momentary layoff schemes The problem submitted in O Porriño court paints a grim image of Mínimo Boats' financial mismanagement and supposed diversion of funds by Álvarez Mazaira for personal usage The United States based company unrelenting quest of justice in this case reflects not simply a fight versus economic deception but additionally a stand versus the disintegration of depend on and partnership in the sector