Owners of shady auto warranty company agree not to continue service in Wisconsin
Posted on November 9, 2010
The owners of a company that sold worthless "auto service contracts" to thousands of Wisconsin consumers have agreed to not do that again here or in 10 other states.
The company went bankrupt last spring and has been the target of investigations for at least the past two years.
Darain and Corey Atkinson, the former owners of bankrupt U.S. Fidelis, are also required to turn over assets to the bankruptcy court, according to the state Department of Justice, which sued the company last April and announced a settlement Monday.
U.S. Fidelis, known as National Auto Warranty Services and Dealer Services, sold overpriced contracts for up to $4,000 to more than 400,000 consumers nationwide — including 6,700 in Wisconsin. The Atkinsons are accused of pocketing $101 million in corporate assets.













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