If you have a phone, you've probably been offered a (last, final, only, etc.) chance to extend your car's warranty. Hopefully you realized an anonymous caller from an unknown number had no idea what kind of car you drive much less when your warranty expired and promptly ended the call.
Way back in 2008, several state attorneys general teamed up to hang up on the auto warranty scammers, and the next year a federal judge ordered two companies to cease the annoying, probably illegal calls.

Finally, yesterday, the Federal Trade Commission slammed the hammer down on LA-based SBN Peripherals (aka Asia Pacific Telecom, Inc.). The FTC's report says the company made more than 2.6 billion random calls in less than 20 months. Unfortunately, 12.8 million of those calls paid off with some consumer being scammed.

For their many, many, many telephonic transgressions, the company was ordered to pay $5.3 million. The company is conveniently unable to pay that amount, of course, so the FTC is claiming more than $1 million from a Hong Kong bank account, a $357,000 lien on a house, 50% interest in a Saipan office building, interest in seven tracts of land, a 2004 Corvette, a 2005 BMW X5, a 2004 Dodge Durango, a recreational vehicle and a partridge in a pear tree. We're betting the extended warranties on those cars is not transferable. All defendants are also ordered to never, ever again engage in telemarketing. EVER.

But if you're still in need of an extended warranty for your car, email us with your credit card number and we'll get right back to you. (We're joking of course! We prefer cash.)

You can read the full FTC report here.

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    • 1 Second Ago
      • 3 Years Ago
      so... they scammed 12.8 million people and were fined only $5.3 million or 41 cents per person. So even after these "massive" fines, this company got away with record profits.
      • 3 Years Ago
      I honestly always wanted to wait around on the phone long enough to talk to a real person and utterly waste their time..... Unfortunately I never had the patience to wait more than a couple minutes listening to the prerecorded message before hanging up.
      • 3 Years Ago
      • 3 Years Ago
      Good to hear. Though, I can't believe 12.8 millions fools fell for this.
      • 3 Years Ago
      How about some arrests.
      • 3 Years Ago
      The defendants real terror will begin when the court records go public..... can you here me now.
        • 3 Years Ago
        Why? Did you notice the part of the article that said it wasn't an American operation? Are you going to fly over to Asia with your baseball bat and show them how tough you are or show them your karate skills? Give me a break.
      Don G
      • 3 Years Ago
      That only took 5 or 6 years. Way to go.
      • 3 Years Ago
      So how are former mortgage brokers supposed to make a living now? ;->>
      • 3 Years Ago
      Finally! Despite my number being on the do-not-call registry, these ****ers have been calling me randomly for years. Glad to see a little justice happens in this world.
      Dennis Kfc
      • 3 Years Ago
      i told them i have a delorean that i want warranty on, and he look up a quote for it, then i said my car can no longer reach 88mph and in need to replace my flux capacitor, then he hung up on me! how rude! sign... i will never get the chance to do part 4 doc brown
      • 3 Years Ago
      Severral years ago i was called and thanked thme glad they cal;led, the 200,000 mile 20 year warranty on my corolla had just expired and i wanted to renew it for another 20 years. He said he could only do it for 5 years and quoted a price and thatr include everythiong- power windows cruise control, A/C transmission etc. I said my car did not have power windows etc and i think i should get a lower price. He quoted me a lower price. I asked if qwwe could extend it for 10 years and he found a price for that. I still though i should get a lower price. He finally accused me of wasting his time and hung up. Im still laughing about the intelligence of the people they hired and the fact that they were so focused on their BS and closing the deal that all sense of reason escaped them. Im going to miss those calls
      gcc engineer
      • 3 Years Ago
      12.8 million of those calls paid off, they have really mastered the trick. What a relief to see them pay the price of being a telespammer!
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