Disposable Cell Phone Company Hop-On Wireless CEO Indicted For Fraud

from the and-yet-the-hype-goes-on... dept

Last year we had the story of how it looked like disposable cell phone company Hop-On Wireless was a scam. Since then, I’ve seen the company highly touted in many news stories, talking about how it was this great invention… but which no one seemed to be selling. Now, the CEO of Hop-On has been arrested for fraud, relating to work he did on an earlier company – but which brings up many parallels to Hop-On. The earlier company was an online gambling site, which he raised a lot of money for. However, they did so by showing software that was really someone else’s software “cosmetically altered” to look like their own. Hop-On’s “disposable phones” were really Nokia phones with their own plastic casing put around them. Then, he promised not to take any salary until the company was making enough money, but did still use the investors’ money to pay off his credit card debts and then gave another shell company he owned a $500,000 contract. Eventually, that gambling company was morphed into Hop-On. This article also doesn’t mention the fact that Hop-On got in trouble for not filing a tax return for a few years. They also were known for putting out press releases announcing huge deals with companies like Chevron after having a single exploratory meeting with them. I noticed in the past month or so that I’d been receiving spam emails touting Hop-On’s stock. I wonder why… Hop-On had originally announced they would be selling the devices by 2001, but they still aren’t for sale.

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Comments on “Disposable Cell Phone Company Hop-On Wireless CEO Indicted For Fraud”

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larry sode says:

the hop-on saga

i was intrigued by the thought of a disposable phone……….tried to buy one……….got the runaround for the better part of 3 years, and now i read this…………..it seemed like a scam…….the picture of their “corporate headquarters” in suite 110 was the iceing on the cake……….2 million phones to india………..and in the end all they seem to have sold was a few phones at a walgreens store in garden grove california…………..having said that, it still would have been interesting to see one in person

Susan says:

Re: Re: the hop-on saga

Well, “Lou”, you may want to consider that “Larry” had a valid point, in that the company as a whole is as totally bogus as their “storefront” in Dallas, TX.

I know, as I work in the same building, just across the hall as a matter of fact. They were kicked out months ago after all of their staffers cleaned out their offices and hit the trail. But then, maybe you were an investor? Or maybe just someone without literacy beyond words with four letters?

Sandra Kendall says:

Hop on cell phones

What a pity that people cheat and steal, and can’t use their own ideas. Hop on phones sounded really good, but all along I thought something wasn’t right. The company kept advertising that they were supplying phones all over the wordl except one problem, they hadn’t been introduced first in the United States. They kept changing the date that they would be offered in the United States. I wouldn’t even consider purchasing a hop on phone if another company took over. THis has burned me.

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