The Federal Trade Commission today announced that it has sent to 738 consumers who purchased purported vehicle anti-corrosion devices sold by RustEvader Corporation refund checks totalling $205,827.52. The devices were sold under the brand names Rust Evader, Rust Buster, Eco-Guard and Electro-Image and possibly others. The devices sold from 1985 through 1996 by automobile dealers, automotive specialty stores, general retailers and mail order catalogs for anywhere from $100 to $600.
The redress fund was established following resolution of FTC charges that RustEvader Corporation of America, of Altoona, Pennsylvania, and its former president, David McCready, made false claims that the electronic devices used current from the battery to inhibit corrosion in the body of the vehicle to which it was attached. The devices are ineffective, the FTC alleged.
Copies of news releases and documents associated with the FTC's case against RustEvader Corporation and McCready are available on the FTC's web site at http://www.ftc.gov and also from the FTC's Consumer Response Center, Room 130, 6th Street and Pennsylvania Avenue, N.W., Washington, D.C. 20580; 202-FTC-HELP (202-382-4357); TDD for the hearing impaired 1-866-653-4261. To find out the latest news as it is announced, call the FTC NewsPhone recording at 202-326-2710.
(FTC Docket No. D. 9274)