In a fraud and conspiracy suit filed by investors in an apparent pyramid scheme, a District of Columbia District Court held an interactive website with demos but no actual online investment services insufficient to establish general personal jurisdiction over a foreign corporation with only one identified in-forum customer. That the Defendant “could” transact business did not establish that it in fact “did” systemically and continuously transact business in the District, making the exercise of general jurisdiction inconsistent with constitutional due process. The Court further found insufficient minimum contacts relating to the investment scheme by the Defendant or its alleged conspirator for either specific, conspiracy, or RICO jurisdiction.
FC Investment Group v. IFX Markets, Ltd, No. 04-1939 (PLF), 2007 WL 325355 (D.D.C. Feb. 6, 2007)
