World Class Limousines, Inc., 1-800-GET-LIMO, Inc. and 1-800-GET-LIMO Service, Inc.

On December 5, 2001, the SEC filed a civil action against World Class Limousines (WCL), 1-800-GET-LIMO, and Anthony Caliendo in connection with their fraudulent and unregistered offering of WCL securities. The SEC alleged that the defendants raised approximately $1.9 million from at least 89 investors worldwide purportedly to develop its limousine businesses, but funds were actually used to engage in risky stock trading by Caliendo, to pay undisclosed commissions, and to pay for Caliendo's personal expenses. For more information about the SEC's action, you can read Litigation Release Nos. 17261 (Dec. 7, 2001) and 17341 (Jan. 25, 2002).

The Court appointed David R. Chase as Receiver for WCL. You can learn the most recent information regarding the Receivership by reading the Receiver's Status Report.

http://www.sec.gov/divisions/enforce/claims/worldclasslimo.htm