Dream Wings Valkyrie
The Valkyrie was a sleek, speedy looking airplane on a computer screen. Dozens of DreamWings depositors made their decision to buy a plane while they were sitting at the controls of the prototype, a happy grin on their face. They had found the perfect plane.
One thing led to another--dreams were crushed, careers were ruined, no planes were ever delivered and in 2001 DreamWings ceased operations forever. When DreamWings closed its doors, it left 145 customers behind--customers who lost nearly $1.5 million in deposit money.