Publishing Company
Wallace owned the Integrated Management Associates publishing company, a spin-off of I & O that publishes books and articles by various writers (including himself) concerning Neo-Tech.
Australian Fair Trading Minister Margaret Keech criticized Neo-Tech as a group of "con-artists", for claiming to select "a small handful of 'special' individuals" to receive "secret wisdom of ages", and then asking the individuals to pay money to obtain these "secrets". Similarly, Tony Levene of The Guardian noted that the company was the subject of a 2000 ruling by the Advertising Standards Authority of the United Kingdom, in which the Authority stated that Neo-Tech had "not provided evidence, other than anecdotal, to show the guaranteed earnings, improvements to health, and other benefits" which Neo-Tech claimed to offer "had been, or could be, attained".
Read more about this topic: Frank R. Wallace
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