Founder of Arca Space Corporation facing fraud, embezzlement charges in U.S.
The head of a New Mexico company that drew national attention for developing an electronic flying vehicle has been arrested for fraud and embezzlement.
November 14, 2017 By The Associated Press
KVIA-TV in El Paso, Texas, reports Dumitru Popescu was arrested in Jonesboro, Georgia, last week and then extradited to southern New Mexico. He’s the CEO of Arca Space Corporation — a Las Cruces company that develops commercial space launchers. | READ MORE