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Monday, May 20, 2024 | Back issues
Courthouse News Service Courthouse News Service

BlueHippo

Dell Marketing claims BlueHippo Funding owes it $4.6 million for computer products, in Williamson County Court, Texas.

Here is Courthouse News' Nov. 13 story on other complaints against Blue Hippo.

FTC Wants Blue Hippo Held in Contempt

MANHATTAN (CN) - The FTC wants Blue Hippo Funding held in contempt for taking more than $15 million from victims on false claims that it would finance their purchase of new computers. Blue Hippo took the money but delivered neither the financing nor the computers, in violation of a 2008 court order, the FTC says.

Fewer than 1 percent of consumers who signed up with Blue Hippo received the financed computers they applied for, and undisclosed conditions to redeem "store credits" were rigged to discourage consumers from using them, the FTC said in a statement.

The FTC seeks damages for the consumers and an injunction.

Connecticut sued BlueHippo Funding and BlueHippo Capital on similar charges in Hartford Superior Court.

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