Friday, June 26, 2009

Online Electronics Stores Caught in Consumer Fraud - City Room Blog - NYTimes.com

Online Electronics Stores Caught in Consumer Fraud - City Room Blog - NYTimes.com: "...These were the illegal tactics used by seven online electronic stores — including Sonic Photo — as they swindled customers seeking cameras, camcorders, projectors and other items out of hundreds of thousands of dollars, the state attorney general, Andrew M. Cuomo, said on Thursday in a news release....The companies, all of which are based in Brooklyn, have agreed to pay a $765,000 settlement after a lengthy investigation by the attorney general’s office...As part of the deal, five of the companies — Best Price Camera, Foto Connection, 1 Way Photo, 86th Street Photo and Broadway Photo — have agreed to change their business practices and accept continual monitoring. Two other companies, Camera Wiz and Sonic Photo, will close."

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