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ATLAS TELECOM WRAPS UP; RAY ZAPP NAILED FOR $3.3 MILLION.(Brief Article)
U.S. Bankruptcy Judge Elizabeth Perris ordered Ray Zapp to pay back some $3.3 million to the estate of Atlas Telecom.
Zapp built up and ran Atlas Telecom, turning it into a rising star in the telecommunications field.
He also took millions in cash advances and had the company pick up the tab for some questionable expenses.
Zapp's spending became an issue in April 1998 as …
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