West Virginia Settles Jewelry Suit

May 3, 2000

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As many as 4,000 West Virginia residents who unknowingly paid for insurance on their jewelry purchases will be repaid by the store that duped them.

The company, Friedman’s Jewelers, was accused by state Attorney General Darrell McGraw Jr. of misleading and deceiving customers by tacking on life, credit and credit disability insurance to customers’ finance charges.

The company, which has 550 stores in 22 states, has agreed to refund the insurance charges plus interest.

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