Dave Ramsey, a Christian radio host and personal finance guru, faces a $150 million lawsuit filed by some listeners of his show who allege they were defrauded by a timeshare exit company that advertised on his program.
The suit, filed in the U.S. District Court for the Western District of Washington in April, claims Ramsey received more than $30 million between 2015 to 2021 to promote Timeshare Exit Team on The Ramsey Show. The Washington state-based company, which now operates as Reed Hein & Associates, allegedly promised to help customers terminate their timeshare contracts, which are notoriously difficult to exit.
Reed Hein charged between $4,000 and $72,000 for “illusory services,” according to the complaint, which alleges customers paid a total $70 million in fees for people to be released from their timeshares. The suit said Timeshare Exit…
