Arizona Motorhome Sublease Companies Hit Scammers List
Three Arizona firms who purport to help out motorhome owners in distress are being sued by the state's attorney general (AG) for fraud. The AG alleges the scheme worked this way: Motorhome owners were enticed by Internet advertisements that promised if they were having problems making payments to allow the firm to "sublease" their units to others. The latter would make the payments, thus (as one of the firm's web sites states) "help you eliminate those monthly payments and maintain your good credit."The trouble is, says the AG, such a scheme is typically in violation of the original owner's contract with the lender, and in addition, those who picked up the sublease were actually told they were purchasing (not leasing) the RV. The firms in hot water with the state include Kennedy Motorhome Services, Kennedy's Financial Services, and Banker's First, the latter doing business as Green Valley RV Services. All three firms are based in Tucson. On Wednesday morning, Kennedy's Financial Services website proclaimed, "WE ARE NO LONGER IN BUSINESS." We couldn't get anyone to take our calls at Green Valley.
For more information, see a news article in the Arizona Daily Star.
Photo: ToastyKen on Flickr.com
Labels: Arizona sublease scam, fraud, scams


