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You are here: Home / News / Officials warn of warranty scam

Officials warn of warranty scam

June 4, 2008 By WRN Contributor

A growing number of Wisconsin residents are receiving unwanted offers over the phone and through the mail for extended vehicle warranties.

Glen Loyd with the state's office of Consumer Protection says the offers are coming from companies that are trying to trick consumers, by claiming their warranties are about to expire. He says they're using fear to trick them into signing up for warranties that cost up to $2,000.

Attempts to track the complaints aren't working though, because the sellers are hiding their information. Loyd says the information consumers are turning into the state ends up being wrong. He says the numbers being displayed on Caller ID systems are incorrect.

To try to locate the companies, DATCP is asking consumers who may have purchased these warranties to come forward. Loyd says they may have the information needed to put a stop to the scam.

Loyd believes the companies are based in Missouri. He says officials there are also trying to shut them down.

AUDIO: Andrew Beckett reports (MP3 :55)

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