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.