Telemarketer Told To Repay $5.1M To Car Sales Scam Victims

Law360, New York (December 2, 2013, 5:52 PM EST) -- A Canadian telemarketer has been ordered to pay $5.1 million to reimburse victims of a car-buying scam, the Federal Trade Commission said Monday.

The FTC sued Matthew J. Loewen and his companies — 0803065 B.C. Ltd., 0881046 B.C. Ltd,, ReadyPay Services Inc. and Xavier Processing Services LLC — alleging American and Canadian consumers were duped into paying hundreds of dollars based on false claims that the defendants had buyers lined up for their cars, and that refunds would be provided if the cars weren’t sold....
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Case Information

Case Title

Federal Trade Commission v. Loewen et al


Case Number

2:12-cv-01207

Court

Washington Western

Nature of Suit

Other Statutory Actions

Judge

Marsha J. Pechman

Date Filed

July 13, 2012

Companies

Government Agencies

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