America's Shopping Network Receivership

4651 North Federal Highway,
Boca Raton, Florida 33431-5133
TELEPHONE: (561) 394-8301
FACSIMILE: (561) 394-3121

June, 2002

In June 2002, Carl F. Schoeppl, Esq., was appointed by the United States District Court for the Southern District of Florida, upon the recommendation of the Federal Trade Commission ("FTC"), as the Temporary Receiver for America's Shopping Network, Inc., Consumer Services, Inc., Karen Zagami, Carianne Sica, Louis Gangi, HME, Inc., and John Epstein (collectively, the "ASN Receivership") in an FTC enforcement action styled FTC v. America's Shopping Network, Inc., et al., Case No. 02-80540-CIV-HURLEY (S.D. Fla.). In ASN, the Defendants allegedly conducted a nationwide fraudulent work-at-home scheme.

The Temporary Restraining Order and other ancillary relief was extended through July 5, 2002 pending the Court's consideration of the FTC's Motion for a Preliminary Injunction and Other Relief against the Defendants. Mr. Schoeppl, in his capacity as Temporary Receiver, has suspended the business operations of America's Shopping Network, Inc., Consumer Services, Inc., and HME, Inc., seized and secured all known assets and property of the Defendants, and has frozen in excess of $125,000.00 in funds of the Defendants pending further order of the Court.