Back in the 1990s, paying to dial a 900 number was every teenage parent’s nightmare and home phones were carefully guarded. “Don’t you dare do it” was the common threat made in homes across the country. But it was so enticing that many, in addition to teenagers, couldn’t resist having their fortunes told, getting tech help, phone sex or a myriad of other options on the other end of the 900 number. It was the gift that kept on giving to the sleepless or lonely - until the monthly phone bill arrived.
Another method of preying on the unsuspecting public with the advent of computers, was sending unsolicited emails enticing them to “Call now!” to the Psychic Readers Network disguised as a “free” call, to psychic Miss Cleo on late night television when insomniacs entertained themselves to pass the wee hours of the morning. Problem was, the “free” call ended up being around $60, with long conversations adding up to as much as $300 for the customer. This attracted the interest of the Federal Trade Commission that charged the owners with deceptive advertising, billing and collection practice. It was claimed that Miss Cleo had talked customers out of as much as $1 billion while the company was still active.
The former owners of the Psychic Readers Network are selling their Fort Lauderdale waterfront mansion sited on a lushly landscaped point of land jutting out into the Intracoastal Waterway that includes a wrap-around dock. The 9,295-square-foot, three-level home is comprised of five bedrooms, nine baths, formal rooms, family room, fireplace, wet bar, gourmet kitchen, home theater, an office suite, elevator, and third-level gym and sauna.
Fort Lauderdale mansion with 450 feet of water frontage with ties to the Psychic Readers Network is for sale, priced at $27.5 million.
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