U S Department of Justice vs. Transnet Wireless

12/17/07 Update:On December 14, Paul Pemberton pled guilty to conspiracy to commit mail fraud in connection with business opportunity sales at TransNet Wireless Corp.

According to the Information, TransNet purported to sell Internet kiosks, along with assistance in establishing, maintaining, and operating an Internet kiosk business. For a purchase price of roughly $14,000, potential TransNet purchasers were told that they would receive an Internet kiosk/“wi-fi” base station, plus assistance operating the business opportunity. According to TransNet, a business opportunity purchaser would earn substantial profits from the commissions generated when members of the public used the purchasers’ Internet kiosk and from national advertisements placed on the kiosks once a certain base number of units were in operation. See Justice Department Press Release, 11/5/07, regarding this and other related cases.

1/9/08 Update:

The sentencing for Paul Pemberton has been scheduled for February 22, 2008, at 11:00 a.m. before Judge James Cohn in Courtroom 203-E, at the United States Courthouse, 299 East Broward Boulevard, Fort Lauderdale, FL.

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U S Department of Justice vs. Transnet Wireless

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