Transcontinental Warranty Fake Auto-Service Warranties Lands Execs In Prison

After pitching $40 million in fake auto-service warranties two former telemarketing executives are sentenced to five years in prison and a fine of $15,000 each. Christopher Cowart and Cris Sagnelli of Florida pleaded guilty last December to federal fraud charges arising out of the telemarketing sales practices of Transcontinental Warranty, a Florida company selling so … Read more

Consumers More Intelligent Than Automakers Think

“Little Three” Detroit automakers seem to be consumed with fear that people would not purchase a new car from an automobile manufacturer that was or has gone bankrupt and that the fear of bankruptcy is scaring buyers away. I think this just shows how out of touch that Detroit is with the American buyer. It … Read more