I somehow missed this story last month. Investors put in $284m and less than $2.5m was paid back. All things considered it's surprising they got that much
Two Arizona men were arrested last week after investigators alleged they used one of the largest pickleball and sports facilities in the country "as a means to exploit and defraud investors," according to the FBI.
![Investors Stunned to Learn Arizona Pickleball Facility Won't Actually Make $284 Million a Year
"They promised us 158 courts, booked 16 hours a day, 365 days a year, all for $10 an hour. That's just math,” said one investor while trying to do the math on a calculator.
[accompanying photo shows many empty blue and green pickleball counrts]](https://blog.taursnd.haus/photo/preview/640/3332892 "Investors Stunned to Learn Arizona Pickleball Facility Won't Actually Make $284 Million a Year
\"They promised us 158 courts, booked 16 hours a day, 365 days a year, all for $10 an hour. That's just math,” said one investor while trying to do the math on a calculator.
[accompanying photo shows many empty blue and green pickleball counrts]")