Transworld Receivership

In February 2000, 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 Permanent Receiver for Transworld Enterprises, Inc. d/b/a ATM International in an FTC enforcement action styled FTC v. Transworld Enterprises, Inc., et al., Case No. 00-8126-CIV-GRAHAM (S.D. Fla.). In Transworld, the Defendants allegedly conducted a nationwide franchise fraud through the sale of ATM business opportunities.

In the Transworld Receivership, the Receiver recovered and/or caused the recovery of in excess of half a million dollars. The Court has approved the proposed plan of distribution, and the Receiver is in the process of implementing the distribution plan for consumer victims.

For historical information regarding the Transworld Receivership, please see the following reports:

Receiver Report, February 25, 2000
Receiver Report, August 31, 2000
Receiver Report, October 22, 2001
Receiver Report, July 2, 2002