(COLORADO SPRINGS) — Attorney General (AG) Phil Weiser has filed a lawsuit against a local car warranty company, located off North Academy Boulevard near Palmer Park, for allegedly selling fraudulent car warranties.
On Monday, Nov. 4, AG Weiser filed a lawsuit against Champion Car Warranty and the company’s owners Jack Yedid and Ralph Anteby after an investigation found they sold fraudulent car warranties and misrepresented their products and reputation.
Champion Car Warranty sells extended vehicle warranties and claims it will help people protect themselves from unexpected, costly repairs. According to AG Weiser, the warranty company charges upfront fees for coverage that is meant to last several years.
“Businesses that deceive consumers about the products and services they sell are breaking the law,” Weiser said. “In this case, the company and its owners misrepresented their reputation and even lied about making donations that support veterans. When scam artists like these defendants seek to take advantage of Coloradans, we will hold them accountable.”