Saturday, October 17, 2009

“Trust mill” companies fined, ordered out of Ohio

Posted: 16 Oct 2009 07:27 AM PDT

Companies that duped thousands of Ohio senior citizens fined $6.4 million
James Nash
October 14, 2009
The Columbus Dispatch
http://www.columbusdispatch.com/live/content/local_news/stories/2009/10/14/crooks.html?sid=101
Two companies that duped thousands of Ohio senior citizens into buying overpriced and unneeded legal plans and annuities were hit with nearly $6.4 million in fines this morning and ordered not to do business in the state.

The Ohio Supreme Court imposed $6,387,990 in penalties against American Family Prepaid Legal Corporation and Heritage Marketing and Insurance Services Inc., and their co-owners, Jeffrey and Stanley Norman. The court’s unanimous decision also bars the companies from operating in Ohio.

EstateOfDenial has the story=>>

1 comment:

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Thanks,
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