A Florida Trucking Company Raised $158 Million From 2,000 Investors by Promising 200% Monthly Returns – Here Is Exactly How It Worked and Why Every Small Carrier Needs to Read It

Sanjay Singh founded Royal Bengal Logistics, Inc. in 2018 in Coral Springs, Florida. He built a website that described a company with 250 employees, a fleet of over 200 semi-trucks and growing, and revenue of $1 million per month. He held annual investor banquets in hotel ballrooms. He posted a video of himself onstage announcing […]
The post A Florida Trucking Company Raised $158 Million From 2,000 Investors by Promising 200% Monthly Returns – Here Is Exactly How It Worked and Why Every Small Carrier Needs to Read It appeared first on FreightWaves.