US Fidelis

US Fidelis
11:54 am
Tue September 25, 2012

US Fidelis Co-Founder Gets Eight Years In Prison

Former U.S. Fidelis owner Darain Atkinson has been sentenced to eight years in federal prison on fraud charges.
(St. Charles County Dept. of Corrections)

The St. Charles County man who once helped run the largest seller of extended auto warranty contracts will spend eight years in federal prison for bilking customers out of millions of dollars.

Darain Atkinson pleaded guilty to conspiracy and tax charges in April. He was sentenced to the maximum of eight years today, and must also pay $4 million in restitution.

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US Fidelis
11:58 am
Tue September 18, 2012

US Fidelis former co-owner Atkinson gets 40 months in prison

Cory Atkinson.
St. Charles County Department of Corrections

A former co-owner of auto service contract seller US Fidelis has been sentenced to more than three years in federal prison.

Cory Atkinson of Lake St. Louis, Mo., was sentenced Tuesday in St. Louis. He pleaded guilty in June to federal fraud and tax evasion charges. He also faces sentencing Sept. 28 on state charges of insurance fraud, consumer fraud and stealing.

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Morning round-up
9:31 am
Mon July 16, 2012

Morning headlines: Monday, July 16, 2012

(via Flickr/Indofunk Satish)

Quinn to announce plan to address Illinois' drought

Gov. Pat Quinn plans  a visit to a southern Illinois farm today. The Illinois Farm Bureau says that so far, it's the sixth driest year on record. The average precipitation of the first half of the year was 12.6 inches. Much of Illinois' corn and soybean crop is suffering. Farm officials say southern Illinois is experiencing the worst of it.  Quinn is expected to detail whatever government relief may be available to drought-affected growers and ranchers.

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US Fidelis
3:10 pm
Mon June 18, 2012

US Fidelis co-owner pleads guilty in federal case

Cory Atkinson.
St. Charles County Department of Corrections

Updated at 6:15 am Wednesday with comments from U.S. attorney

For the second time in four days, the former co-owner of a once prominent marketer of auto service contracts has pleaded guilty.

Cory Atkinson of Lake St. Louis, Mo., on Monday pleaded guilty to federal charges including conspiracy to commit mail and wire fraud and filing false tax returns. On Thursday, he pleaded guilty to state charges that included insurance fraud and stealing.

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US Fidelis
3:49 pm
Thu June 14, 2012

Wentzville-based US Fidelis co-owner pleads guilty

Cory Atkinson.
St. Charles County Department of Corrections

The former co-owner of a once prominent marketer of auto service contracts has pleaded guilty to misleading consumers, insurance fraud and stealing.

Cory Atkinson's guilty plea was announced Thursday by Missouri Attorney General Chris Koster. Sentencing is Sept. 28 and Koster's office said Atkinson could get up to four years in prison.

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Morning round-up
6:53 am
Thu April 19, 2012

Morning headlines: Thursday, April 19, 2012

(via Flickr/IndofunkSatish)

Court approves $1.5 million settlement with former US Fidelis employees

More than 550 former employees of the auto services contract giant US  Fidelis will share in a nearly one point five million dollar settlement reached in bankruptcycourt.

The St. Louis Post-Dispatch reports that Wednesday’s deal settles claims by the workers that they were not properly warned before being laid off.

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Business/US Fidelis
2:44 pm
Mon April 9, 2012

US Fidelis co-owner pleads guilty to federal charges

Former U.S. Fidelis owner Darain Atkinson pleaded guilty Monday to two federal counts.
(St. Charles County Dept. of Corrections)

One of two brothers who owned the auto services contract giant US Fidelis has pleaded guilty to federal charges - just four days after admitting to a series of state charges.

Darain Atkinson, 47, pleaded guilty today to one felony count of conspiracy to commit mail and wire fraud, and one felony count of filing false tax returns. 

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Business/US Fidelis plea
4:30 pm
Thu April 5, 2012

Former owner of US Fidelis pleads guilty to state charges

Darain Atkinson.
(St. Charles County Department of Corrections)

Updated at 4:08 with comments from Attorney General Koster and Darain Atkinson's attorney.

Updated 3:58 with statement from the Better Business Bureau:

“US Fidelis left a trail of dissatisfied consumers from across the United States.  Today’s guilty plea by Darain Atkinson in St. Charles County illustrates the risks of unethical business behavior and the importance of the work of groups like the Better Business Bureau in exposing the underhanded practices in our marketplace,” Michelle Corey, BBB president and CEO said.

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Business
5:41 pm
Wed June 15, 2011

US Fidelis founders face multiple felony indictments

Darain and Cory Atkinson
St. Charles County Department of Corrections.

The millionaire brothers who ran US Fidelis, the country’s largest auto-warranty service provider have been indicted on multiple felony charges.

Darain and Cory Atkinson founded US Fidelis in 2003 selling the kind of extended auto warranties often advertised in junk mail or TV.

Over a three-year period the Better Business Bureau received over a thousand complaints and 33,000 inquiries.

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Stop Repair Bills Complaints
5:25 pm
Thu January 6, 2011

Stop Repair Bills gets over 200 complaints, garners "F" grade from BBB

An extended auto warranty marketing company in St. Peters, Mo. has been given an "F" grade by the Better Business Bureau. (via Flickr/alisdair)

The Better Business Bureau received more than 200 complaints nationwide about an auto warranty marketer based in suburban St. Louis.

Stop Repair Bills of St. Peters also is getting an "F" grade from the Better Business Bureau.

The company markets auto repair plans, but Bill Smith, a trade practice investigator with the BBB, says customers are missing the fine print.

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