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Thursday, January 27, 2005

Money on the way to Marchese victims

"A federal court judge has approved a $2.45 million settlement against a former Limerick auto dealer accused of identity theft.

The settlement compensates people for damage to their consumer credit reports caused by Benjamin J. Marchese III, former business manager of B.J. Marchese Auto World on West Ridge Pike in Limerick.

As a result of the class-action lawsuit brought by three people, hundreds of people who were victimized by Marchese III will receive in excess of $3,400 each, according to Mark A. Kearney, a Blue Bell lawyer who represented the suit. Checks are going to be sent out this week.

'This is a very significant day for the class because they are now going to receive the damages for each credit harm, after already having the bad credit stricken from their credit report,' Kearney said Wednesday."

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