The founder of a New York-based aerospace startup developing high-tech rocket thrusters that have garnered glowing press coverage and at least one contract with the U.S. Space Force is accused of plundering investor funds to underwrite pricey jaunts to Europe, jewelry for his wife, child support payments, and, according to the company’s largest investor, “airline tickets for international call girls to join him for clandestine weekends in Miami.”
Onetime stockbroker Christopher Craddock established RocketStar in 2014 after financial regulators barred him from working on Wall Street over a raft of alleged violations. Craddock held the firm out as “an entity that intended to reinvent space exploration,” states a $6 million lawsuit filed by former CEO Michael Mojtahedi and obtained by The Independent.
