In April 2018 former CEO Schrameck pleaded "guilty" to one count of wire fraud and was scheduled to be sentenced on 11 June 2019, by US District Court Judge Ann Aiken. The Department of Justice, US Attorney's Office, District of Oregon stated, "Schrameck gave customers Airframe Purchase Agreements and Aircraft Completion Assistance Agreements that misrepresented how the customers’ funds were being used. Without his customers’ knowledge, Schrameck used the funds for other projects, to complete existing Epic LT aircraft, and to support his own lavish lifestyle."