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CT AG Settles Harris Jewelry for $34M Over Deceptive Military Lending

Harris JewelryJuly 1, 2022Connecticut Attorney General

Penalty Amount

$34,000,000

Summary

Connecticut Attorney General announced a $34 million multistate settlement with Harris Jewelry for deceptive marketing and false promises to servicemembers, tricking them into high-interest loans for overpriced jewelry, with refunds and debt relief for affected consumers.

Remedy

Harris Jewelry provided refunds and debt relief to affected servicemembers.

Consumer Refunds

Contract Impact

In-house legal teams should review contracts with retailers and lenders to ensure they prohibit deceptive marketing, false promises about credit improvement, and unfair financing terms, with accurate disclosures and compliance with military consumer protection laws.

Contract Search Terms

deceptive marketingfalse promisesfinancing agreementscredit score claimsmilitary discountshigh-interest loansjewelry salesdebt reliefrefund policiesconsumer protection

Violation Types

Entity Details

Entity

Harris Jewelry

Industry

Retail

Multistate Coalition

Multiple State Attorneys General

Official Sources

Source Evidence

Entity Name
"Harris Jewelry"
Fine Amount
"$34 million"
Violation Types
"false promises of charity and deceptive marketing ploys"

Related Enforcement Actions

FTC

Harris Jewelry

$1.0M

Harris Jewelry defrauded servicemembers with deceptive marketing, inflated prices, and hidden fees. A multistate settlement requires $34.2 million in refunds and debt relief, stops debt collection, and dissolves the business, affecting over 46,000 servicemembers.

CT

Frontier Communications Parent Inc.

$625K

Connecticut reached a $625,000 settlement with Frontier Communications Parent Inc. over an April 2024 breach in which compromised employee and vendor credentials were used to access internal systems and exfiltrate unencrypted personal information of 58,841 Connecticut residents. The settlement requires Frontier to strengthen its security program, implement specific safeguards and training, and obtain an independent third-party assessment.

CT

Boston Children’s Health Physicians and XTIUM

$2.6M

Connecticut and New York found that Boston Children’s Health Physicians and its security vendor, XTIUM, failed to use reasonable safeguards, resulting in hackers accessing sensitive personal, medical, and employee information. The companies agreed to pay penalties totaling $2.64 million and implement enhanced cybersecurity measures.

CT

Character Technologies, Inc.

Connecticut joined a coalition of state attorneys general filing a notice in Character Technologies, Inc.’s bankruptcy proceedings, raising concerns about the company’s safety and privacy practices and the sensitive information it holds. The states seek protections for children and consumers if the company’s business or assets are sold or transferred; the filing does not impose a fine or other remedy.

CT

Connecticut public utilities

Attorney General William Tong and Consumer Counsel Claire Coleman petitioned PURA to review how Connecticut public utilities use artificial intelligence, citing potential data privacy and cybersecurity risks, algorithmic errors, and misleading outputs. The petition asks PURA to examine utility AI systems, safeguards, vendors, and data security practices; it does not report a finding of violation or an imposed penalty.

CT

RZ Smoke, Inc.

$2.0M

Connecticut Attorney General William Tong announced a settlement with RZ Smoke, Inc. over allegations that it distributed and sold high-potency cannabis products without a state license. The stipulated judgment is $2 million, with $375,000 payable to the State and $1.6 million suspended to ensure compliance; the company is barred from specified cannabis activities in Connecticut unless licensed.