ATLANTA (Legal Newsline) - Georgia Attorney General Sam Olens and the Federal Trade Commission (FTC) have charged Laptop & Desktop Repair LLC (LDR) and owner Vadim Olegovich Kruchinin with allegations of violating the Georgia Fair Business Practices Act and the FTC Act through a long-running scam.
LDR, a Nevada limited liability company, also does business as cashforiphones.com, cashforlaptops.com, ecyclebest.com, smartphonetraders.com and sell-your-cell.com. It is an electronics buyback company. According to the lawsuit, the business duped consumers by offering a certain price for the sale of used electronics and then providing a lower amount after receiving the device.
On the business’s website, consumers could allegedly enter the make, model and condition of their devices and receive a quote for sale. However, Georgia and the FTC argue LDR would take the device and then give only a small percentage, usually 3 to 10 percent, of the original quoted amount of the sale to the consumer. Any consumer who tried to reject the offer allegedly found it near impossible to do so.
“Our actions to stop this scheme and hold the defendants responsible will protect Georgians and consumers nationwide from being victimized by this scam,” Olens said.