Auto warranty company owners forfeit mansion, yacht
Two brothers who ran the top auto warranty company in the country were told to fork over a mansion, a 50-foot yacht and 14 motorcycles as partial compensation for scamming more than 400,000 customers in 11 states with phony contracts.
U.S. Fidelis, which operated as National Auto Warranty Service, was a primary NASCAR sponsor and the nation's top auto warranty seller before it went bankrupt last March. The company used robocalls and TV ads to make customers believe they were purchasing a warranty covering all major repairs and "bumper to bumper" coverage.