Wednesday, June 19, 2013

Latest local news, weather and sports for Syracuse and Central New York

Cuomo: Store sold soldiers overpriced electronics
Posted: 05.18.2010 at 4:28 PM
0

WATERTOWN -- New York Attorney General Andrew Cuomo has sued companies he says preyed on Fort Drum soldiers by selling them laptops, televisions and other electronic goods on credit at wildly inflated prices.

Cuomo says that the SmartBuy store operating out of Salmon Run Mall in Watertown sold products that were marked up an average of 244 percent above the original retail price and financed the sales illegally through automatic deductions from soldiers' payrolls.

Cuomo's lawsuit seeks to ban the defendants from doing business in New York and to obtain restitution.

He says the SmartBuy shop in Watertown is closed, but that the same companies operate stores near other military posts.

A lawyer for SmartBuy says the company does not deceive its customers.

(Copyright 2010 by The Associated Press.  All Rights Reserved.)

Read more on this story from the Watertown Daily Times.

Popular Stories
Follow CNY Central
Get news and weather notifications on your phone by downloading the iPhone or Android app below
Sign up to get alerts and updates for breaking news, severe weather, and deals:
submit
ADVERTISEMENT
Special Features
CNY Biz Central
Get information from our team of experts.
CNY Biz Central - Auto
Do-it-yourself tips on auto maintenance and repair.
CNY Biz Central - Legal
Helpful advice about finding the right attorney for your legal needs.
CNY Biz Central - Senior Living
Find the assistance you need here.
ADVERTISEMENT