Two men pleaded guilty to federal charges today in East St. Louis in an auto contract robo-calling scheme that had 15,000 victims in all 50 states. Here's a breakdown of the people, places and charges involved:
These two men were the president and vice president of Transcontinental Warranty...
- Christopher D. Cowart, 49 of Ft. Lauderdale, Florida and
- Cris D. Saganelli, 45, of Boca Raton, Florida
The scheme the men admitted to in court on Monday worked this way:
In fact, the contracts often contained huge exemptions in coverage, and required deductibles.