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AG Eric Schneiderman Settles With Electronics Retailer Who Ripped Off Fort Drum Soldiers

November 12, 2012

Just in time for Veterans Day, state Attorney General Eric Schneiderman announces he's penned a $9.5 million settlement with electronics seller SmartBuy for ripping off thousands of soldiers stationed at upstate Fort Drum and wrecking their credit. This second settlement with the retailer wipes out a total of $12.9 million in soldiers' debt.

"SmartBuy took advantage of service members using deceptive practices, roping them into high interest contracts and ruining their credit. These actions are nothing short of unconscionable. I am proud that we were able to wipe out the debts

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