Froggy (ISP)
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Froggy was an Australian business, that primarily operated an ISP amongst other things, established and owned by entrepreneur Karl Suleman. At the time of its collapse the company had around 30,000 customers [1].
Froggy was originally two separate ISPs, A1 Superlink and another smaller one based in Melbourne. In early 2000, Suleman purchased these companies and created the brand name Froggy. A Bishop of the Assyrian Church of the East suggested the name [2]. Froggy became notable for its use of skywriting in the Australian capital cities. In addition, former Wheel of Fortune hostess Adriana Xenides endorsed the business.
Froggy, mainly as a result of siphoning off debts from Karl Suleman Enterprises to Froggy, found itself in financial trouble from the start. The beginning of the end for the company came in November 2001 when the Australian Securities and Investments Commission raided Suleman's home. Questionable accounting practices as well as accusations of fraud, mainly involving the misapproporation of funds invested by the Assyrian community in Australia, of which Suleman was a prominent member, brought this about. Suleman was sentenced to 21 months in prison.
