Dave Ramsey faces $150 million lawsuit for promoting company accused of fraud

  • 📰 CBSNews
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 68%

Business News News

Business Business Latest News,Business Business Headlines

Dave Ramsey, a Christian radio host and personal finance guru, faces a $150 million lawsuit filed by some listeners of his show who allege they were defrauded by a timeshare exit company that advertised on his program.

The suit, filed in the U.S. District Court for the Western District of Washington in April, claims Ramsey received more than $30 million between 2015 to 2021 to promote Timeshare Exit Team on The Ramsey Show.

The complaint also alleges Ramsey promoted"deceptive, false and incomplete information," in violation of consumer protection laws, while personally earning $450,000 a month from the deal. The litigation names the radio star's company, Ramsey Solutions, and his marketing company, Happy Hour Media Group, as defendants. Timeshare Exit Team shut down in 2021 after agreeing to pay $2.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 87. in BUSİNESS

Business Business Latest News, Business Business Headlines