ERI’s John Shegerian Warns Consumers to be Aware of “Buyback” Scams

NEW YORK--()--Citing a recent announcement by the Federal Trade Commission about an electronics buyback scam in the state of Georgia, John Shegerian, Chairman and CEO of ERI, the nation’s leading recycler of electronic waste, has called for consumers to perform their due diligence when disposing of unwanted electronics or e-waste.

The FTC reported that “those looking to get some money back for their old devices may have been tempted by some websites that promised to pay top dollar.” As a result of the lawsuit filed by the FTC and the State of Georgia, a federal court just put a stop to one company running several buyback websites. Laptop & Desktop Repair gave customers online quotes and promised they’d pay the quoted amount after getting the devices. But, according to the FTC, when the company received the customer’s device, it offered to pay as little as three percent of the original offer. If customers weren’t happy with the counter offer, they had a window of three to five days to reject it.

Shegerian said that in order to avoid such scams, consumers should consider recycling their devices, but added that it’s very important to select a recycler that is certified to responsibly recycle all devices – meaning that environmental standards are met, data is destroyed, and that the process takes place here in the United States.

Shegerian also noted that ERI currently provides the only dually certified nationwide solution offering 100 percent guaranteed data destruction for consumer electronics devices, e-waste, and hardware.

For more information on general recycling and electronic data destruction needs, visit www.ERIdirect.com, www.Recyclenation.com, http://greenisgoodradio.com, www.insecurityofeverything.com or www.urbanmining.org.

ERI, the nation’s leading recycler of electronic waste and the world's largest IT asset disposition (ITAD) and cybersecurity-focused hardware destruction company, is certified to de-manufacture and recycle every type of electronic waste in an environmentally friendly manner. ERI processes more than 275 million pounds of electronic waste annually at eight locations, serving every zip code in the United States. For more information about e-waste recycling and ERI, call 1-800-ERI-DIRECT or visit www.ERIdirect.com.

Contacts

ERI
Paul Williams, 310/569-0023
paul.williams@ERIdirect.com

Release Summary

ERI's John Shegerian describes the threat of "buyback" scams and what consumers need to watch for when it comes to getting rid of their old electronics.

Contacts

ERI
Paul Williams, 310/569-0023
paul.williams@ERIdirect.com