Natural Blue slapped with two lawsuits
Nov 28, 2011 | 05:22 PM
| Lisa Gordon
Tags
scrap metal,
Natural Blue Resources,
Global Family Recycling,
Joe Corazzi,
Robert Hunt,
Joe Skorupski,
Michael A. Cenit,
Asif Balagam
Jeff Stokes
PITTSBURGH Recycler Natural Blue Resources Inc. has been sued for allegedly shorting a scrap trader of more than half the material it paid for, and also faces another lawsuit from a couple alleging the company violated the Racketeer Influenced and Corrupt Organizations (RICO) Act when the company failed to repay a loan.
The lawsuit, filed in federal District Court in Detroit, lists Natural Blue as a codefendant, along with Natural Blues Joe Corazzi; Robert Hunt and Joe Skorupski, of Global Family Recycling LLC, Warren, Mich.; Michael A. Cenit, of NCIO Trading LLC, Windermere, Fla.; Asif Balagam, of GreenParts International Inc., Atlanta; Jeff Stokes, of S-Con Corp., Ypsilanti, Mich.; and Manoj C. Sheth.....
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