Subject: [NEXTEL-1] Hop-On CEO Hops Off To Jail-Hop-On CEO resigns

From: Marcel <[email-masked]>
Date: Tue, 22 Apr 2003 04:12:52 -0400

Hop-On CEO Hops Off To Jail
Hop-On CEO resigns
April 21 13:12:00, 2003

IRVINE, Calif.—The chief executive officer of disposable mobile-phone maker Hop-On has
resigned from the company
following his arrest for fraud in connection with a now-defunct online gambling company.

A federal indictment alleges the now-former Hop-On CEO Peter Michaels and others of
raising millions for World Wide
Web Casinos using false representations and then pocketing some of the money, according to
the San Francisco
Chronicle.

Hop-On said it is looking for potential replacements and that it expects to name an
interim CEO during the next few
weeks. The company said it is continuing operations.

http://rcrnews.com/cgi-bin/news.pl?newsId=8183
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