FTC Imposes Industry Ban On Extended Vehicle Warranty Scammers

FTC Imposes Industry Ban On Extended Vehicle Warranty Scammers
The Federal Trade Commission (FTC) building is seen in Washington, D.C., on Sept. 19, 2006. Paul J. Richards/AFP via Getty Images
Naveen Athrappully
Updated:
0:00

The U.S. Federal Trade Commission (FTC) has instituted an industry ban on operators of an extended vehicle warranty scam that defrauded millions of dollars from Americans.

In February last year, the FTC charged Kole Consulting Group and its owner Daniel Kole as some of the defendants who ran the American Vehicle Protection (AVP) operation and allegedly defrauded consumers of millions of dollars through extended vehicle warranty scams.

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