The lawsuit filed by Travis Barker, Adam “DJ AM” Goldstein and the Estate of Travis’ assistant Chris Barker in connection with the crash of their chartered Learjet has a bizarre connection to disgraced Southern California financer Danny Pang.
Pang is currently out on $1 million bond following his April 28 arrest by the FBI on a charge that he structured his accounting to avoid Federal reporting requirements for cash transactions involving more than $10,000. The Wall Street Journal reported that the charge was simply a “placeholder” while investigators dug deeper into the activities of his several investment firms.
One of those firms owned Inter Travel & Services Inc., the charter company of the Learjet involved in the September, 2008 crash that killed four (including Baker) and left Barker and Goldstein injured.
The high-flying Pang, 42, liked to socialize in Hollywood and occasionally hung out with Paris Hilton. Now all his assets are frozen and his companies are in Receivership while the government continues to go through his books.
That means, says the attorneys for Pang, he can’t turn over any documentation about Inter Travel & Services – which would include critical information on how the company maintained its fleet of charter jets – to Barker and Goldstein.