Online auction company Grays fined $10 million for misleading car ads

  • 📰 9NewsAUS
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

The company admitted to misrepresenting the descriptions of hundreds of cars listed for sale on its website between July 1 2020 and June 30 2022.

Grays admitted to misrepresenting the descriptions of hundreds of cars listed for sale on its website between July 1, 2020 and June 30, 2022, meaning hundreds of customers may have bought a car they did not wish to purchase.

"Grays made false or misleading representations in at least 750 car descriptions on its website," Australian Competition and Consumer Commission Commissioner Liza Carver said. "We are aware of some consumers that paid to repair the vehicle that was incorrectly described or re-sold it at a loss."Australia's most trusted brands revealedAs Grays begins to reach out to affected car owners, the ACCC is warning of reports of scam callers that have been contacting people offering to help them secure a refund from various businesses.

 

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:

 /  🏆 10. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines