Dave Ramsey faces a $150 million lawsuit from listeners over his promotion of a timeshare exit group.
Lawyers say Ramsey was paid $30 million to promote Reed Hein over a period of six years.
Christian radio host Dave Ramsey is facing a $150 million lawsuit from 17 listeners who claim he played a role in defrauding them by promoting a timeshare exit company.
The suit said Ramsey was paid millions to advertise Timeshare Exit Team, operated by Kirkland, Washington-based Reed Hein & Associates.
Ramsey promoted Reed Hein between 2015 and 2021, and only ceased when the company stopped paying him, according to the suit.
Persons:
Dave Ramsey, Reed Hein, Ramsey, Bob Ferguson, it's, Reed Hein's, didn't
Organizations:
Morning, Ramsey, Hour Media, Washington Western, Court, Religion News Service, Reed Hein & Associates, Lawyers, Washington State, Happy Hour Media Group, Happy Hour
Locations:
Washington, Kirkland , Washington, Washington State