ST. LOUIS (AP) - 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.
Atkinson and his brother, Darain Atkinson, operated US Fidelis. The Wentzville-based company was once among the nation's largest marketers of auto service contracts. Darain Atkinson pleaded guilty in April and faces sentencing July 16.
Koster said US Fidelis misled consumers about what was covered by warranties, lied about being affiliated with automakers and dealers, and used deceptive practices.
Cory Atkinson's attorney did not return a message seeking comment.
(Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.)