Company’s sales pitch exploited link to Magic [Central Florida]
Main Street USA implied team had association with investments
The Kissimmee company whose owner sits in jail, accused of a multimillion-dollar real-estate fraud, misused its corporate sponsorship of the Orlando Magic to lure local investors to some of its sales presentations, Magic officials and others say.
Main Street USA Inc. mailed fliers to area residents earlier this year extending an invitation from the Magic, “in association with” the company, to investment seminars at RDV Sportsplex, the basketball team’s training center and executive offices in Maitland. Drawn by the offer of a free dinner, prospective investors watched a video introduction by Magic coach Brian Hill and were rewarded with lower-bowl tickets to upcoming Magic games.
After hearing the sales pitch, at least some of those who attended the June dinners declined to invest in Main Street USA, having decided that it all sounded too good to be true. They were right.