The U.S. Federal Trade Commission (FTC) has instituted an industry ban on operators of an extended vehicle warranty scam that defrauded millions of dollars from Americans.
In February last year, the FTC charged Kole Consulting Group and its owner Daniel Kole as some of the defendants who ran the American Vehicle Protection (AVP) operation and allegedly defrauded consumers of millions of dollars through extended vehicle warranty scams.
The FTC recently voted to ban the defendants from extended automobile warranty marketing and outbound telemarketing in a 3–0 decision.
The FTC has filed the proposed order in the U.S. District Court for the Southern District of Florida. Once the district court judge approves and signs the order, it will have the force of law….