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

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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.

 

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