More trouble for embattled YTB.

After a dismal decline in revenues CFO resigns.

The St. Louis Business Journal reports that….

“In its most recent financial filing, YTB International reported that through the first nine months of last year, its net revenue had fallen 57 percent to $55.3 million compared to the nine-month period ended Sept. 30, 2008. Through Sept. 30, 2009, YTB had reported a net loss of $3.1 million compared to a loss of $3.4 million in the same period in 2008.”

Despite the appearance of business as usual, I think this situation may be starting to lend credibility to the law suit filed the first of this year.

http://hbiznews.com/blog/2010/01/more-legal-actions-ytb-back-in-the-court-room/

It doesn’t look good when you are sued for ‘committing the biggest fraud in the history of the country’ and two months later the CFO makes a sudden exit from the company.

YTB CFO Clagg resigns – St. Louis Business Journal:.

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