Vending Machines Still Waiting for Black Boxes

1 decade 4 years 3 months ago Friday, February 10 2006 Feb 10, 2006 Friday, February 10, 2006 10:18:56 PM CST February 10, 2006 in News

Attorney General Jay Nixon said William McNeely, Craig Swoboda and Gail Wilkerson told investors they were developing a black box to attach to vending machines. The box was supposed to check the shelf life of food in the machines, as well as monitor purchases.

But, Nixon said, the company never did anything other than test the box.

"Some investors have requested from UMI their money back, and have not received it back," said Nixon spokesman John Fougere. "We're seeking restitution to get their money back they invested because the money they invested, clearly, did not go to its intended use."

McNeely told KOMU News he and his partners spent the $2 million on engineering and marketing the box. He said they would repay investors when the product started selling.

Nixon said the defendants spent the money for their own personal use, including luxury shopping, up-scale restaurant meals and to pay judgments against them in other lawsuits.

A hearing is scheduled for March 13 in Boone County Circuit Court.

More News

Grid
List
COLUMBIA - Two hair stylists at the downtown location of The Clip Joint have tested positive for COVID-19, KOMU 8... More >>
10 hours ago Friday, May 29 2020 May 29, 2020 Friday, May 29, 2020 9:11:00 PM CDT May 29, 2020 in News
CAMDEN COUNTY, Mo. -- The Camden County Health Department said Friday a Boone County resident who has tested positive for... More >>
13 hours ago Friday, May 29 2020 May 29, 2020 Friday, May 29, 2020 6:08:00 PM CDT May 29, 2020 in News
COLUMBIA — Love Coffee received a surprise $10,000 donation from the Veterans United Foundation on Tuesday. The nonprofit will use... More >>
14 hours ago Friday, May 29 2020 May 29, 2020 Friday, May 29, 2020 4:37:00 PM CDT May 29, 2020 in News
COLUMBIA — As state and commercial testing is more available for the Missourians, the number of confirmed cases is rising.... More >>
16 hours ago Friday, May 29 2020 May 29, 2020 Friday, May 29, 2020 3:00:00 PM CDT May 29, 2020 in News
COLUMBIA - Mid-Missourians marched and held signs in Columbia on Friday morning to bring awareness to police brutality against African... More >>
17 hours ago Friday, May 29 2020 May 29, 2020 Friday, May 29, 2020 1:52:00 PM CDT May 29, 2020 in News
CLARKSBURG, Mo. - Two people were arrested in Clarksburg, Mo., on drug charges after a search on May 21, according... More >>
18 hours ago Friday, May 29 2020 May 29, 2020 Friday, May 29, 2020 1:32:00 PM CDT May 29, 2020 in News
MINNEAPOLIS (AP) — The Minneapolis officer who was seen on video kneeling on the neck of George Floyd, a handcuffed... More >>
18 hours ago Friday, May 29 2020 May 29, 2020 Friday, May 29, 2020 12:46:00 PM CDT May 29, 2020 in News
O’FALLON, Mo. (AP) — Missouri’s only abortion clinic will be able to keep operating after a state government administrator decided... More >>
18 hours ago Friday, May 29 2020 May 29, 2020 Friday, May 29, 2020 12:38:00 PM CDT May 29, 2020 in News
COLUMBIA - The Missouri River is expected to reach moderate flood stage in Jefferson City, Glasgow and Hermann this weekend.... More >>
20 hours ago Friday, May 29 2020 May 29, 2020 Friday, May 29, 2020 11:30:00 AM CDT May 29, 2020 in Weather
As COVID-19 spreads, KOMU 8 will continue to update you about the impacts on the community. You can find... More >>
1 day ago Friday, May 29 2020 May 29, 2020 Friday, May 29, 2020 6:39:00 AM CDT May 29, 2020 in News
COLUMBIA- A student at the West Location of Tiger Tots Academy has tested positive for COVID-19. According to a... More >>
1 day ago Friday, May 29 2020 May 29, 2020 Friday, May 29, 2020 6:37:00 AM CDT May 29, 2020 in News
JEFFERSON CITY – During his daily COVID-19 briefing Thursday, Governor Mike Parson announced an extension of the phase one reopening... More >>
1 day ago Thursday, May 28 2020 May 28, 2020 Thursday, May 28, 2020 8:42:00 PM CDT May 28, 2020 in News
COLUMBIA - As Boone County moves into the next phase of reopening, hair salons can now open their doors to... More >>
1 day ago Thursday, May 28 2020 May 28, 2020 Thursday, May 28, 2020 6:17:00 PM CDT May 28, 2020 in News
COLUMBIA - The City Manager of Columbia announced plans to further cut city budgets due to the effects of COVID-19.... More >>
1 day ago Thursday, May 28 2020 May 28, 2020 Thursday, May 28, 2020 2:42:00 PM CDT May 28, 2020 in News
As COVID-19 spreads, KOMU 8 will continue to update you about the impacts on the community. You can find... More >>
1 day ago Thursday, May 28 2020 May 28, 2020 Thursday, May 28, 2020 2:40:00 PM CDT May 28, 2020 in News
BOONE COUNTY - While other sports adjust the game plan to respect social distancing, some are just playing things business... More >>
1 day ago Thursday, May 28 2020 May 28, 2020 Thursday, May 28, 2020 2:16:00 PM CDT May 28, 2020 in News
KANSAS CITY, Mo. (AP) — The University of Missouri-Kansas City says it will begin bringing back faculty, staff and students... More >>
1 day ago Thursday, May 28 2020 May 28, 2020 Thursday, May 28, 2020 2:14:00 PM CDT May 28, 2020 in News
COLUMBIA — During the State of the City address, John Glascock said the city is leaving it up to the... More >>
1 day ago Thursday, May 28 2020 May 28, 2020 Thursday, May 28, 2020 1:51:00 PM CDT May 28, 2020 in News
Columbia, MO
Broken Clouds 58°
8am 61°
9am 65°
10am 69°
11am 71°