April 9, 2013
Attorney General Kane announces settlement with Philadelphia area used car dealer
HARRISBURG- Attorney General Kathleen G. Kane announced a settlement today with Olympic Motors, Inc., 1201 MacDade Blvd., Folsom, Delaware County, Pennsylvania and its owner and president, Nicholas B. Dizes. The settlement agreement, known as an Assurance of Voluntary Compliance, or AVC, was filed by the Bureau of Consumer Protection.
Kane says that the AVC resolves concerns that Olympic Motors failed to:
In the AVC, Olympic Motors Inc. agrees to comply with the Consumer Protection Law and the Auto Regulations, pay restitution to all consumers who have suffered losses as a result of its conduct, and pay civil penalties of $1,000 for each violation of the Consumer Protection Law and Auto Regulations and $3,000 for consumers age 60 or more.
Consumers who believe they were harmed by Olympic Motors are encouraged to file a complaint with the Attorney General?s Bureau of Consumer Protection by calling 1-800-441-2555, or by filing an online complaint at www.attorneygeneral.gov.
The AVC was filed in Delaware County Court of Common Pleas on April 8th by Deputy Attorney General Saverio P. Mirarchi of the Attorney General?s Bureau of Consumer Protection.
(The signing of an Assurance of Voluntary Compliance does not constitute an admission of any wrongdoing by any of the Respondents.)