Christian radio host Dave Ramsey faces $150 million lawsuit from listeners who say they were defrauded by a timeshare exit company he promoted
The suit said Ramsey was paid millions to advertise Timeshare Exit Team, operated by Kirkland, Washington-based Reed Hein & Associates. Lawyers say Ramsey was paid $450,000 a month by Reed Hein for his services, amounting to $30 million in total.
In 2017, timeshare operators began launching successful legal action against the company. In 2021 Reed Hein was Ramsey promoted Reed Hein between 2015 and 2021, and only ceased when the company stopped paying him, according to the suit. During that time, it's claimed he received thousands of letters from listeners who said they were unhappy with the company's services.
Lawyers argue that as complaints mounted, Ramsey became increasingly combative about his links to the company.
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