In an incredible turn of events, iNetGlobal has reached a settlement agreement with the US government. The agreement, worth millions, allows iNetGlobal to maintain normal business operations while the government continues it’s investigation.
iNetGlobal provides Internet Services for business including
- V-Webs – Domain Registration and Hosting Service
- V-Mail – Email Marketing and Autoresponder Service
- V-Shops – Ecommerce and Shopping Cart Services
With this historic agreement iNetGlobal becomes the 1st company ever, that being the target of a government investigation, to receive money back.
In the terms of the agreement iNetGlobal will receive a substantial sum of money to cover employees, operational expenses, and taxes. There will also be funds available on an ongoing basis to cover monthly operational expenses.
Although this is a major victory for iNetGlobal the government is still holding commissions money rightfully due to Consultants. The battle ahead for iNetGlobal is to get these commissions released and the consultants paid.
As the battle wages on, now in it’s 4th month, it is scary to realize that we live in a country where the government has the power to disrupt a legitimate ongoing business and the lives of 1,000′s of people from around the world simply on a tip from a disgruntled employee.
No wonder so many US companies are moving their operations to other countries!