PGA Tour Sponsor Oneflight Hit With Lawsuits Alleging Ponzi-Like Scheme

A PGA Tour sponsor is in legal turmoil. Oneflight International faces multiple lawsuits alleging the private aviation company operated a Ponzi-like scheme, according to court filings.

The lawsuits claim investors were promised returns that were paid from new investor money rather than legitimate profits. Oneflight has sponsored several tour events, and the allegations raise uncomfortable questions about the tour's sponsorship vetting.

The company has not publicly responded in detail to the allegations. Legal proceedings are ongoing, and the PGA Tour has not commented on the future of the sponsorship relationship.