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| You are here: Home 32. FTC v. TouchNet, et al., Civil No. 98-0176 R (W.D. Wash. filed February 11, 1998) Defendants: TouchNet, Inc., Touchstone Telecommunications & Advertising, Inc., Eric Carino, and Malissa Carino Type: Internet Business Scam Defendants allegedly promised investors $15,000 a month as an "Internet Consultant," designing Web pages for businesses to appear in defendants’ "World Virtual City." Defendants previously sold allegedly deceptive 900 number and prepaid phone card business ventures. On February 18, 1998, the Court entered a stipulated temporary restraining order. On June 29, 1998, the Court entered a stipulated permanent injunction, banning defendants from operating any business opportunity, franchise or business venture; enjoining collection of any amounts due from purchasers; and requiring defendants to notify them that their contracts are rescinded. http://www.ftc.gov/opa/1998/9803/netopp.htm (press release - complaint / TRO) http://www.ftc.gov/opa/1999/9901/hart2.htm (press release - settlement) | ||
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