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65°
Tuesday, nov 5
Tag:
Deceptive marketing practices
News
$34.2M Recovered For Thousands Of Service Members Defrauded By NY Jeweler
A New York-based jewelry chain will pay $34.2 million as part of a settlement with 18 states for “deceiving and defrauding” more than 46,000 service members and veterans, according to the New York Attorney General’s Office. Long Island-based Harris Jewelry, headquartered in Hauppauge, had been accused of using deceptive marketing tactics to lure active-duty service members to their financing program and of falsely claiming that investing in the program would improve customers’ credit scores. The company also made customers believe that protection plans were required to purchase jewelry and…