Monday, January 20, 2014

Nevada Man Arrested In Fraudulent Warranty Scheme; Alleged To Have Kept $859K In Premiums

From KLAS-TV8 on 1/17/14:

Henderson Police have arrested a man in connection with an scheme that could cost a group of consumers thousands of dollars.

According to police, 51-year-old Robert William Roback, the owner of an extended vehicle warranty company called DriverzEdge, failed to pass payments made by consumers for extended warranties for their vehicles to the insurance company.

Police say extended warranties purchased through Roback's company from August through October were not forwarded to Assurant Service Protection, which left consumers without the coverage they thought they had purchased.


Read the whole story here.

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