Telemarketer agrees to pay $2.3 million to settle FTC charges

A Chicago telemarketer who blasted consumers last year with millions of robo-calls pushing auto warranties will pay $2.3 million to settle U.S. Federal Trade Commission charges that he and his two companies allegedly misled consumers, the FTC announced.

The settlement resolves the FTC charges, but isn't an admission of any wrongdoing on the part of Damian Kohlfeld, Voice Foundations LLC and Network Foundations LLC. In total, about $3 million will be collected and used to reimburse consumers. A phone number listed for Kohlfield has been disconnected.