Primetel and National A1 Advertising offices were raided by the FBI and IRS yesterday. A stream police, IRS agents, FBI and the US Attorney’s Office arrived at 9am on Wednesday and cataloged and carted away a U-haul truck load of material from their office yesterday. The agents refused to say what they were looking for but there is speculation that it is prostitution related to Escorts.com or HotMovies.com which is reportedly a 20 million dollar per year business in it’s own right.
Being in the toll free business, we’re naturally curious about Primetel’s biggest asset, which the agents probably aren’t able to carry out in boxes, their Billion dollars worth of toll free numbers. Primetel has 1.9 million ‘800’ numbers alone, or about 25% of all ‘800’ numbers, including literally hundreds of multi-million dollar numbers on par with 1-800 FLOWERS and tens of thousands of numbers worth well into five figures.
We think this may be very important for the toll free and vanity number business and will certainly have a lot more about this as the dust settles. This may lead to some interesting opportunities. If you’d like to see a sample list of some of their numbers or be notified if any of their millions of numbers may become available sign up for it here.
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