- Text
Candwich: Quick, Tasty, and Grounds for a Lawsuit?
Candwich (Mark One Foods Corp)
DENVER, Colo. (CBS) Introducing the Candwich, the sandwich in a can. Catchy? Yes. Grounds for a lawsuit? Apparently so.
The Federal Securities and Exchange Commission has filed a lawsuit against Travis L. Wright, 47, saying he convinced investors to supply him with $145 million for real estate investments. What they didn't know was Wright allegedly had other plans. Candwich-related plans.
The lawsuit says that Wright guaranteed returns up to 24 percent on real estate investments, but then used the start-up capital to invest in Candwich and other entrepreneurial ventures, said The New York Times.
According to The Times, Wright's other business endeavors included French Toast in a can and Pepperoni Pizza Pocket.
According to the suit, investors became skeptical once Wright neglected to return phone calls and lines for his company Waterford Funding were either not in service or disconnected.
President of Mark One Foods, Mark Kirkland, said he patented the idea of stuffing hand-food in a to-go beverage container and is hoping to move forward with production later this year, according to The Times.
- 11 children removed from Texas home in abuse case
- UVA lacrosse jury asks to see Love's door, wall
- Teen Mom 2's Leah Messer attacked outside cinema
- Police: Spa massacre "probably domestic related"
- Playboy Playmate has "no animosity" toward NYPD
- Woman held captive and enslaved for nine years
- Woman jailed in PA has history of pregnancy cons
- Remains found of Ohio girl missing since 1999
- Elizabeth Smart marries in Hawaii
- Cops: 12-year-old naked girl found naked, hungry
- U.Va. lacrosse player guilty of killing girlfriend
- L.A. teacher Mark Berndt pleads not guilty
- Prince of Monaco punched in nightclub brawl
- Second child of LA woman taken off life support
- Mom arrested after maggots found in baby's diaper
- Report: kidnapped Mont. teacher choked, buried
- Ohio mom, baby found shot to death alongside man
- Danish toy maker Lego invests in wind energy
- UN panel draws up list of Syria leaders to probe
- UN panel compiles list of top Syrian officials who could face 'crimes against humanity' probe
- U.S., N. Korea hold 1st nuke talks under new Kim
on Facebook
- Six decades of Oscar fashion
- GOP presidential debate: Winners and Losers
- Is world's shortest man this 22-inch-tall Nepalese 72-year-old?
- Christie: Buffett should "write a check and shut up"
on CBS News
