ST. CHARLES, MO. (KMOX) — Missouri Attorney General Chris Koster announced a multi-count indictment against the two brothers who founded and ran the auto warranty firm, U.S. Fidelis.
The indictment lists fourteen counts against Darain Atkinson, and thirteen counts against his brother Cory Atkinson.
They are alleged to have kept refunds due to consumers, charged fees in excess of that stated in contract, and told consumers they would get prorated refund if they canceled intending to keep a portion of any refund.
The two are being arraigned in the St. Charles County court Wednesday afternoon. Their attorneys waived the formal reading of charges and entered not-guilty pleas.
The Atkinsons were freed after posting ten percent of the $250,000 bond and surrendering their passports.
U.S. Fidelis filed for bankruptcy in March 2010 amid accusations it used illegal telemarketing ploys and sold worthless warranties.
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