Predatory Practices

Baltimore, MD: (Feb-6-08) The Maryland attorney general's office brought charges against Maryland-based company Blue Hippo in 2007, alleging that the company engaged in predatory practices. The lawsuit claimed that Blue Hippo sold computers and plasma TVs to people with poor or no credit. Sources close to the case stated that a settlement was reached in the case, with Blue Hippo agreeing to pay restitution. The attorney general said he has collected most of the $3 million it should get from Blue Hippo in order to pay those consumers, but the checks won't be in the mail for another three to six months. Officials from the consumer protection division stated that effected consumers will either get checks back for the full amount if they didn't get a computer. And consumers that did get their products, will get amounts the department feels they overpaid for their computers. Sources from the attorney general's office stated that so far, Blue Hippo has paid the attorney general's office $1.8 million. [WBAL TV NEWS: PREDATORY SELLING]

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Published on Feb-7-08