BATON ROUGE, La. (BRPROUD) — Attorney General Jeff Landry joined an agreement to recover over $34 million for service members who have been deceived by a national jeweler.
Landry said the jewelry company, Harris Jewelry, lured active-duty members into a scheme that tricked them into receiving high-interest, low-quality jewelry, which placed them in debt.
The agreement with 18 states and the Federal Trade Commission (FTC) requires Harris Jewelry to refund thousands of service members for warranties they were told to buy, stop collecting millions in debt, fix bad credit scores, remove all of Harris Jewelry’s businesses, and Harris Jewelry must pay $1 million to all 18 states.
“The idea that a company would deceive and defraud those sworn to defend our freedom is unconscionable,” said Attorney General Landry. “My office will continue to do all we can to protect Louisiana consumers, especially those who chose to wear the cloth of our Nation.”
Service members and veterans who entered a financing loan with Harris Jewelry between January 2014 and July 2022 will be eligible for restitution, according to Landry. Eligible members will receive an email and letter in the mail notifying them of the agreement.