A life of stealing started with the snatching of a candy bar and transformed into an illegal multi-million dollar online payday lending scheme that allegedly defrauded thousands of people. At least that’s what federal prosecutors say led to charges against a Pennsylvania man recently. [More]
A class action lawsuit (PDF) was filed against Cash4Gold in California federal court last Friday, accusing the company of a “massive scheme to defraud tens of thousands of consumers throughout the nation,” and racketeering.
The Supreme Court has rejected Microsoft and Best Buy’s appeal in the MSN racketeering lawsuit, says the Wall Street Journal, thus “ending a bid by the two companies to stop a class-action lawsuit over a joint marketing campaign for MSN Internet Access service.”
You might remember Tanya. She was falsely accused by the RIAA of sharing over 1,000 songs. Rather than admit they had the wrong person, the RIAA lawyers just wouldn’t quit.
The racketeering case against Best Buy and Microsoft has taken an ugly turn. An attorney for Best Buy has admitted to altering emails that were to be used as evidence in the case. If you’re new to this class action lawsuit, Microsoft is accused of paying Best Buy to collect and use customer’s credit card information without their permission, signing them up for “free trials” of MSN that they didn’t want and or weren’t aware existed. When the free trial period was up, MSN began to bill them without their knowledge or consent. A former Best Buy employee wrote in to confess to pulling this sort of scheme on customers, if you’re looking for more detail on how it all worked.
We thought the scam mentioned in the racketeering lawsuit sounded familiar—it was. A Best Buy employee emailed us on April 4, 2007 to confess to the type of behavior mentioned in the lawsuit.