Sponsored: Prepare For The Storm With MyPatriotSupply's Emergency Food Kits Today - Get The Best Deal Here


old eternal affairs truth media header banner

Dave Ramsey Sued for $150 Million by Former Fans Who Followed His Timeshare Exit

dave-ramsey-thespectrum-2023-truth

The class-action lawsuit is the latest legal woe for Ramsey and his company

Dave Ramsey Sued for $150 Million by Former Fans Who Followed His Timeshare Exit Advice

One of the founders of Timeshare Exit Team, violated the Washington Consumer Protection Act by defrauding customers, committed “negligent malpresentation” and were guilty of “unjust enrichment” and conspiracy

Bob Smietana with Ministry Watch reports:

dave-ramsey-thespectrum-2023-truth
IMAGE VIA The Spectrum

A group of former followers of Dave Ramsey has sued the Christian finance guru and radio host, along with his company and a marketing firm, for endorsing a failed timeshare exit company that allegedly defrauded customers out of millions.

Seventeen former Ramsey listeners filed a class-action lawsuit in the U.S. District Court for Western Washington alleging Ramsey was paid as much as $30 million from 2015 to 2021 to endorse Timeshare Exit Team, a Kirkland, Washington-based firm that collected $200 million from clients — many of them Ramsey listeners — in exchange for a promise to free them from their timeshare obligations.

That promise came with a money-back guarantee.

But the company, which often collected more than $5,000 per customer, failed to live up to its promises. In 2021, Reed Hein & Associates LLC, which did business as Timeshare Exit Team, paid $2.61 million to settle a deceptive business practices lawsuit filed by the attorney general of Washington state and later went out of business.

The lawsuit alleges that Ramsey, Timeshare Exit Team and Happy Hour Media Group, a marketing firm with ties to Brandon Reed, one of the founders of Timeshare Exit Team, violated the Washington Consumer Protection Act by defrauding customers, committed “negligent malpresentation” and were guilty of “unjust enrichment” and conspiracy.

The lawsuit seeks damages in excess of $150 million.

[fyrebox oid=”pNvEGJVD0″ gid=”7Zo3mw8QN”]


Truth Premium
CLICK HERE -->I Want Truth Premium

0 0 votes
Article Rating
Subscribe
Notify of
guest
0 Comments
Inline Feedbacks
View all comments


Please use the buttons to TWEET & SHARE this valuable content ... then leave your thoughts & feelings in the COMMENT SECTION ... finally If you haven't joined TRUTH PREMIUM, what are you waiting for?