FTC Freezes Internet Kiosk Businesses
Roy Mark writes in internetnews.com:
It seemed like a great idea: own fee-based, public Internet terminals located in malls and rake in the cash. Too good, in fact, according to the Federal Trade Commission (FTC).
Tuesday the agency announced it won a temporary restraining order to stop the allegedly illegal practices of an "Internet kiosk" business opportunity and froze the assets of the companies and their principals.
In court documents filed in the Southern District of Florida, the FTC alleges the companies' income claims and terminal location assistance offers are false. The FTC is in the process of seeking an order to permanently bar the defendants from selling Internet kiosk business opportunities.
The FTC's complaint names as defendants Transnet Wireless Corp. of Plantation, Fla., and its president Bradley Cartwright; Nationwide Cyber Systems of Hollywood, Fla., and its president Farris Pemberton; and Paul Pemberton, who directed day-to-day operations at the companies.
posted by Fergie @ 10/12/2005 10:08:00 AM
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