FTC SENDS SECOND ROUND OF CHECKS TO PEOPLE DEFRAUDED BY SAGE AUTO GROUP
The FTC is mailing a second round of checks to people who were subjected to deceptive and unfair sales and financing tactics by the Sage Auto Group between 2014 and 2016.
According to the FTC, these L.A.-based dealerships pressured customers who had signed contracts into later accepting a different deal. The FTC also said the dealerships packed extra, hidden charges for “add-ons” into their car deals.
The first round of checks was mailed on December 6, 2018. Because the fund still has money, the FTC is mailing an additional 36,399 checks totaling $416,409.23 to those who cashed their first check. Recipients will get a payment of $11.40.
If you receive a check, please cash it within 60 days.
If you have more questions, please call the refund administrator at 877-440-0629.