Bryan Cohen Apr. 10, 2013, 6:48pm

HARRISBURG, Pa. (Legal Newsline) - Pennsylvania Attorney General Kathleen Kane announced a settlement Tuesday with a Philadelphia-area used car dealer and its owner to resolve allegations of Consumer Protection Law and Auto Regulations violations.

Under the terms of the assurance of voluntary compliance, the Folsom-based Olympic Motors Inc. and Nicholas Dizes, the company's owner, must pay restitution to all consumers who suffered losses, pay civil penalties of $1,000 for each violation of the Consumer Protection Law and Auto Regulations and pay $3,000 for affected consumers ages 60 and over.

Olympic Motors allegedly failed to honor advertised prices of vehicles, inform consumers of defects in the vehicles that made them unroadworthy, sell vehicles with advertised features, make repairs to consumers' vehicles as guaranteed at the time of sale, sell vehicles as advertised, sell vehicles that were roadworthy, deliver titles and registration to consumers in a timely fashion and honor warranties.

Olympic Motors also allegedly failed to respond to telephone calls from consumers, as well as complaints and refund requests.

Kane's Bureau of Consumer Protection filed the assurance of voluntary compliance on Monday in the Delaware County Court of Common Pleas.

The agreement does not constitute an admission of wrongdoing by Olympic Motors and Nicholas Dizes.

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