The company was founded by Zishan Momin and Azim Makanojiya, who was included on Inc. Magazine’s list of the Top 10 South Asian Entrepreneurs in 2011.
[4] The company and its CEO, Azim Makanojiya, pleaded guilty to price-fixing under the Sherman Act and agreed to pay a $1.9 million fine.
[5] In 2020 a separate suit was filed by the Federal Trade Commission for failing to timely deliver Personal Protective Equipment (PPE) as promised to buyers during the Covid-19 Pandemic.
(d/b/a WB Promotions Inc., Wrist-Band.com and Customlanyard.net) and its president Azim Makanojiya, agreed to plead guilty to a one-count criminal violation of the Sherman Act, but is due in the federal courts again on October 22, 2017.
[14] The Federal Trade Commission filed suit against Zaappaaz, the operators of wrist-band.com and other online storefronts, for failing to deliver on promises that they could quickly ship products like face masks, sanitizer, and other personal protective equipment (PPE) related to the coronavirus pandemic.