“Bait And Switch” Leads to Prison Sentence

Manufacturing companies once practiced this technique of promising one product while delivering something cheaper. In this day and age, this kind of activity is a crime in any business.

This may act as a wake-up call, a “coming of age” issue for the energy industry. Previously there were few energy suppliers and most trusted their own employees to be transparent and honest. The proliferation of energy suppliers combined with the use of third parties to sell has the unfortunate effect of increasing the chances of such dishonesty and greed.

I am glad to see that it was dealt with in a severe manner because unscrupulous practices will continue if not caught and prosecuted.

Energy supply services are unique amongst most other businesses in that regulatory protection as well as consumer protection helps guard against abuses.

 

Read the full Retail Energy article, “SHOCK: Broker Agent’s Electricity Rate ‘Bait And Switch’ Leads to Prison Sentence”