TASCable

TASCable (pronounced tahz-kah-bool) was a Philadelphia-based cable company in the early 1990's founded by John Kincerton. It was the first cable company in the world to introduce a Fiber-Optic and High-Definition network, called "Fiops." In the years between when the company was founded, in 1991, and when the company went bankrupt, in 2002, TASCable has amassed nearly $14 million in Fiops profits.


Founded

TASCable was founded in 1991 in Philadelphia, by John Kincerton, an entrepreneurial businessman. The name stood for Truly Adaptable Systems Cable (TASCable). Truly Adaptable Systems was the name of a type of transmitted cable invented by Kincerton and a team of researchers just years earlier. It merely involved the ability to have the quality of picture (QOP) automatically transfer, adjust, and adapt to the size of the Television screen, a technology virtually non-existent at this time. This, coupled with the companies ambitions of using fiber-optics to create a high-definition quality, also non-existent at the time, put TASCable on the Fortune 500's list of fastest growing companies.
By 1992, the company's headquarters had been established in the then-safe Northern section of Philadelphia (today, the company's old headquarters is now an abandoned warehouse), the Fiops division of the company had been set up, and TASCable had 10,000 subscribers in Pennsylvania, New York, Maryland, New Jersey, Ohio, and Virginia.


==Fiops== One of the main reasons TASCable was so successful in the early 90's was due to their groundbreaking and revolutionizing advanced Fiber-Optics network. This implied the use of millions of miniature fibers within the optic definition of the picture and created both a better resolution and cleaner image. Until then, no cable company ever had created such a system.


==Crime== In December of 1994, an anonymous call to the Philadelphia Field Division of the FBI lead investigators on the trail of a series of astronomical portions of money that had been missing from TASCable funds, seemingly disappearing without a trace. Over the 7 months prior to December, large amounts of money, bonds and STOCK had been anonymously withdrawn by telephone using company passwords, all occurring in sudden bursts.
Weeks later, the anonymous tipster was identified as the banking consultant for TASCable who had been managing all deposits and withdrawals in the company's bank fund that had been occurring over the past two years. Because TASCable was now a multi-million dollar corporation which involved business in multiple states, the case was investigated by the FBI. Using verified information from people related to TASCable, the FBI was able to obtain a search warrant for the house and financial statements of TASCable president John Kincerton. However, by the time agents reached the entrepreneur's house, Kincerton had fled. Because of this, as well as other circumstantial evidence, an arrest warrant was obtained.
Kincerton was traced throughout Europe including Ireland and Poland, however he was never caught. By 1997 Federal Agents made the shocking decision to put John Kincerton on trial in absentia. He was convicted on 5 counts of wire fraud, 1 count of money fraud and embezzlement, and 1 count of fleeing during the investigation of a crime. A life-sentence was determined for Kincerton.
After many years on the run, Kincerton finally slipped up. While living in Switzerland, he had accidentally mentioned his incident to a hypnotist whilst under therapy for severe stress. The puzzled hypnotist thought of Kincerton to be suspicious and and contacted the local police. From there, the Swiss government got in touch with the United States and made a deal for the extradition of John Kincerton. He was imprisoned on July 11th, 2001.


==Bankruptcy== After Kincerton fled, his 3 business partners who owned the minority share of the company took control. Due to money losses from the embezzlement, however, TASCable had to create cash cuts by ending their Fiops programs and firing 800 employees.
By March of 2002, TASCable announced that within the 90 days following he company would be closed due to bankruptcy. However, Just 16 days later, the United States Government froze the banking accounts of TASCable (of which only $400 were remaining) and seized their properties. On their site, TASCable said the following:

"Unfortunately, the US Government has illegally seized our bank accounts and company properties, thus resulting in our immediate closure. We apologize to all of our customers, who, previously anticipation compensation upon announced future closure, will no longer be receiving compensation. Please contact the Federal Government for further information."


Death Of Kincerton

While imprisoned in the Pennsylvania State Penitentiary, John Kincerton was repeatedly entered into the Psychiatric Ward for [...] thoughts. On May 3rd, 2004, Kincerton was found in his cell by a guard on wake-up call hanging from his jail uniform which was attached to his neck and the metal bars blocking the window. He was immediately brought down, upon the guard realizing Kincerton still had a pulse.
He was rushed to the Emergency Medical Ward of the Prison Hospital where Dr. Michael Kirpatrick discovered his asaphogus had collapsed due to the tightness of the knot around Kincerton's neck. An emergency surgery ensued with Kirpatrick as the Surgery Team-Head. However, by the time Kincerton's asaphogus was repaired, he had died from Heart Trauma (more commonly referred to as "shock"). The Federal Bureau of Investigation named Kincerton #24 on their list of the 100 Most Inconspicuous Yet Impactive Fugitives Of The 20th Century.
John Kincerton is buried at the Eastern US Catholic Burial Grounds in upstate New York.