ACCC institutes proceedings against 1Cellnet LLC, Unified Interactive

 

The ACCC has alleged US-based 1Cellnet LLC is in breach of pyramid selling scheme provisions. Proceedings have also been instituted against Unified Interactive Pty Ltd, its director Bruce Pallister and an alleged promoter Shaun Mellet.

The Australian Competition and Consumer Commission (ACCC) has alleged US-based 1Cellnet LLC is in breach of pyramid selling scheme provisions. Proceedings have also been instituted against Unified Interactive Pty Ltd, its director Bruce Pallister and an alleged promoter Shaun Mellet.

The ACCC asserts the companies participated in, promoted and induced or attempted to induce persons to take part in an illegal pyramid scheme in contravention of the Trade Practices Act 1974, and that Pallister and Mellet were knowingly concerned in these contraventions.

It is alleged that 1Cellnet, which established and promoted the scheme on the internet, lured participants with the prospect of earning an income from the 1Cellnet Global Bonus (GBP) scheme following an initial payment to the company. Participants were also entitled to payments if the 1Cellnet scheme was introduced to further members.

The ACCC alleges that Unified Interactive designed, supplied and promoted the scheme, and also collected payments on behalf of 1Cellnet.

The ACCC is seeking declarations, injunctions, corrective notices and compliance programs. A directions hearing is listed for 1 September in the Federal Court, Perth.


 
 
 
 
 
Top Stories
Australian miners send drones to work
In-depth: Unmanned aerial vehicles in the resources sector.
 
The New Zealand telco problem
Opinion: Could Telstra save Kiwi telcos?
 
IT price probe to 'name and shame' gougers
Industry ducking the issue, committee claims.
 
Sign up to receive iTnews email bulletins
   FOLLOW US...

Latest VideosSee all videos »

Latest Comments
Polls
Should the Government enact new legislation to protect copyright holders in the digital age?

   |   View results
Yes
  19%
 
No
  81%
TOTAL VOTES: 480

Vote