Telemarketing Sales Sentenced on Fraud Charges
The US Department of Justice reports that "Clark B. Sampson and Donald P. Manfredonia, were sentenced on June 20, 2006, on charges arising from their activities at Public Telephone Corporation ("PTC")" PTC was a fraudulent business opportunity involving the sale of public payphones.
"Sampson was sentenced to a term of 77 months' imprisonment and Manfredonia was sentenced to a term of 30 months. Both defendants were also sentenced to three (3) years of supervised release following their terms of imprisonment. At sentencing, U.S. District Court Judge Patricia A. Seitz emphasized the seriousness of the crimes, warning that their conduct had torn at the basic fabric of society, weakening the ability of people to trust one another." (my emphasis)
"According to evidence introduced during their trial, defendants Sampson and Manfredonia solicited customers throughout the United States to purchase business opportunities involving payphones, customarily offering a package of seven (7) payphones for $15,000. To effectuate their scheme to defraud, the defendants made material false statements concerning, among other things, the expected profits of PTC's payphones. Among other misrepresentations, the defendants falsely stated that PTC was in partnership with American Telephone & Telegraph and that a Wall Street investment firm supported PTC's claims of profitability. In addition, the defendants provided potential customers with false references for them to call regarding PTC's profitability. Sampson was responsible for individual sales of approximately $695,000, making him the highest producing PTC salesman. Manfredonia had sales of approximately $130,000". (my emphasis).
Technorati Tags: sentenced, public payphones, manfredonia, sampson, us department of justice, fraudulent business, district court judge, ptc, imprisonment, public telephone, purchase business, business opportunity, business opportunities, justice reports, seitz, department of justice, torn, crimes, fabric
Comments
Dear readers
some of the paid to click sites are enrolling free members but they do not make any payment even after meeeting their basic requirement.
How can such cheat be caught by law or money recovered as most of the sites are operating from US
Thanks
s kalpan sharma India
Posted by: s kalpna sharma | April 30, 2008 4:15 AM