Civil Plaintiff
Jewelry Company Who Scammed Servicemembers Settles Multi-State Lawsuit For $1 Million and $12 Million in Refunds
A national jewelry retailer that allegedly tricked active-duty servicemembers into buying overpriced, poor quality jewelry at high interest rates has agreed to reimburse thousands of customers and cease operating under terms of a settlement filed Wednesday in a lawsuit by 18 states and the Federal Trade Commission.
Harris Jewelry agreed to stop collecting more than $21 million in outstanding debt from more than 13,000 servicemembers nationwide, and to refund more than $12 million to more than 46,000 servicemembers who paid for lifetime protection plans, according to New York Attorney General Letitia James, the lead plaintiff among the state attorneys general.
The company also agreed to pay a total of $1 million to the 18 states.
