Former Dave Ramsey Followers Sue Him for $150 Million over Failed Timeshare Exit Company Endorsement
(Christian Headlines) Christian finance guru and best-selling author Dave Ramsey is being sued by former followers for $150 million over his endorsement of a failed timeshare exit company that defrauded customers out of millions of dollars.
According to Religion News Service, the lawsuit alleges Ramsey paid up to $30 million from 2015 to 2021 to endorse Timeshare Exit Team, a Kirkland, Washington-based firm that collected $200 million from clients, including Ramsey listeners, and promised to release them from their timeshare obligations. The promise also included a money-back guarantee.
Timeshare Exit Team previously faced legal trouble after Reed Hein & Associates LLC, which did business with the company, paid $2.61 million to settle a misleading business lawsuit by Washington State Attorney General Bob Ferguson. The firm eventually went out of business. During a 2018 segment of The Dave Ramsey Show, Ramsey told listeners about the Timeshare Exit Team and spoke positively about the company.
“I never could find anything until I found this company called Timeshare Exit Team,” he said at the time. “About three years ago, we started endorsing them, and I’ve had so much fun pissing off the timeshare…to continue reading, click here.
Editor’s Note. This article was written by Milton Quintanilla and published at Christian headlines.
About Author
Ramsey the Grifter, why are many, religious people, so greedy, er, I mean gullible?!
Now You can earn Up To from 99000 Bucks A Month! There are no limitations, Be bgh Your Own Boss, it All depends on you And how much you want to earn each day. This is a genuine and guaranteed method for free to earn a huge sum of money at home. Join this right now…… https://easyway450.blogspot.com/