Bean Lumber Bankruptcy Blamed On Scam

by Mark Friedman  on Monday, Jan. 27, 2014 12:00 am  

Almost four years ago, Willy Andreas “Andy” Kirsch, the director of Malteco Business Consulting Group Inc. of Irving, Texas, offered to invest $10 million in Bean Lumber Co. of Glenwood in exchange for 25 percent ownership of the company. All Bean Lumber had to do was pay $125,000 to Malteco before it received the $10 million.

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