Uzed Enterprises

Denver, CO: (Aug-27-07) The Colorado Attorney General's Office brought charges against Broomfield-based Uzed Enterprises and the Internet company's president Steven Bonneau, over the failure to pay consumers for their used CDs, DVDs and other goods. The suit claimed that Uzed Enterprises operated the Uzed.com Web site, soliciting and accepting consumers' used CDs, DVDs, video games, and consumer electronics, such as cell phones, in exchange for an advertised payment. Uzed then resold the goods to media retailers for a profit. The Attorney General's office stated that it received more than 200 complaints through the Better Business Bureau and the Internet Crime Complaint Center in 2006 and 2007. The complaints stated that payments in return for mailed electronics took far longer than the 10 business days promised by Uzed.com. The Attorney General's office compiled a report which estimated that hundreds of other consumers have yet to be paid for their products.

The settlement agreement reached requires Uzed and company president Steven Bonneau to pay back nearly $40,000 to more than 400 consumers across the country who sent their used electronics to Uzed.com. Bonneau and Uzed also are barred from operating any business in Colorado in which they are responsible for paying consumers, unless a bond is in place. [ROCKY MOUNTAIN NEWS: CONSUMER FRAUD]

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Published on Aug-28-07