Source:  Richard Craver, WINSTON-SALEM JOURNAL, 9/26/10

Calvin Phelps, the owner of Renegade Holdings Tobacco Co., made a fraudulent transfer of $8.1 million in assets, which he used to help buy Chinqua-Penn Plantation, two corporate jets, cigar-manufacturing equipment and a 2008 Maserati Quattroporte, the examiner for Renegade’s bankruptcy says in a lawsuit.

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