Finance Insurance

Banned, fined Calif. dealer says AG's office wore him down into settling for $1.7 million

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California Attorney General Rob Bonta: "While Paul Blanco's claimed to be a 'good car company,' in reality they were in the business of putting Californians at risk, using deceitful advertising and illegal sales and lending practices." (CALIFORNIA ATTORNEY GENERAL'S OFFICE)
December 21, 2022 03:48 PM

A California used-vehicle dealer has accepted a decade-long ban from the industry and paid the state $1.7 million as part of a settlement to resolve violations the state says include 650,000 misleading advertisements, 20,000 instances of "power-booking" and another 1,500 ads for which Paul Blanco also bears personal responsibility.

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