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Business Profilefor1st Gold LLC
Current Alerts For This Business
The following describes a government action that has been resolved by either a settlement or a decision by a court or administrative agency. If the matter is being appealed, it will be noted below.
On April 30, 2024, a default judgment was entered against Ethan Ma, doing business as 1st Gold, by the office of the Sedgwick County District Attorney. The default judgment settles allegations that Ethan Ma and 1st Gold violated the Kansas Consumer Protection Act (KCPA) by acting as an unlicensed pawnbroker and failing to return a consumer’s property offered as surety on a loan. The court found these alleged violations to be deceptive and unconscionable under the KCPA. Under terms of the default judgment, Ethan Ma was ordered to pay $2,000 in restitution to the affected consumer, $20,000 in civil penalties, as well as court costs and investigative fees. The court also ordered Ethan Ma to refrain from engaging in consumer transactions in Kansas until he is properly licensed and all restitution, costs and fees are paid. The default judgment was for settlement purposes only and should not be considered as an admission of guilt or finding of violation of the law.
At-a-glance
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Business Details
- Location of This Business
- 2408 S Hillside St Ste. 2345, Wichita, KS 67216
- BBB File Opened:
- 5/15/2024
- Years in Business:
- 14
- Business Started:
- 8/12/2010
- Type of Entity:
- Limited Liability Company (LLC)
- Alternate Business Name
- First Gold
- Contact Information
Principal
- Ethan Ma, Owner
Customer Contact
- Ethan Ma, Owner
Customer Complaints
0 Customer Complaints
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