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Cases / Lending & cash advance

Unlimited Cash Inc, Douglas Networks Enterprises

Nancy Carol Khalial, Wayne D. Flesher, Alan G. Flesher

ReportedAug 16, 2010
LocationOxnard, CA
Amount$26,000,000

This entry summarizes public reporting and government filings. Charges and civil complaints are allegations unless a court has entered a conviction or judgment — check the source for the current status.

Company / entity
Unlimited Cash Inc, Douglas Networks Enterprises
Industry
Video advertising 'ad toppers' on gas pumps, ATMs and vending machines
How investors were recruited
Recruited sales people who pitched the investment to potential victims
Pitch & red flags
Investors told ads would generate "$54 per month, per machine"

Pitch phrases from this case

Source

FBI official

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