Kardashian Sisters Slapped With $75M Lawsuit For Debit Card Drama
The Kardashians have been super busy in the intro to this new year. Kim has been shooting music videos with Mother Kanye West, Khloe is preparing to debut a reality show with her husband Lamar Odom, and Kourtney has been raising her baby boy and Skyping with her estranged twin, Ameriie.
Meanwhile in the land of not-so-nice news, Revenue Resource Group LLC is suing the sisters for a chunky $75 million due to breach of contract. The now defunct “Kardashian Kard” went under investigation by Connecticut Attorney General Richard Blumenthal after finding that it was allegedly composed of “predatory” fees that targeted financially irresponsible young people.
Blumenthal said the MasterCard-branded “Kardashian Kard” was “filled with gotcha fees and charges, such as $99.95 annual fees, $7.95 monthly fees…ATM withdrawal fees, bill pay fees, loading fees—and even charges for talking to a live operator at their service center, and a card cancellation fee. [TV Guide]
After discovering the investigation, the Kardashian women ended their endorsement of the card, which supposedly resulted in a loss of $75 mil for Revenue Resource Group. Now the company is reaching down in those reality star pockets for the doubloons. Charge it to the game, indeed.
Source: Karen Civil
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Considering Tom Joyner is telling people that his card will usually only cost people 120.00 a year-incredibly the K Kard was only going to be 99.95-there’s your predatory fees alright!!
Guess they should have asked someone other than their misinformed attorney if they should have canceled the deal! According to the report by CNN Money they stood to make 60 Million in 2 years-now it’s going to take Kim a lot of birthday parties to make that one up! Maybe until she’s 60!
[...] more youthful character? You bring the Kardashian sisters on board. But considering their recent debit card debacle, is this a wise approach for Sears? Maybe or maybe not. Although no one really associates the [...]