Dave Ramsey Being Sued For $150 Million By Former Listeners

  • Seventeen plaintiffs filed the class-action lawsuit in the U.S. District Court for Western Washington in April, saying they were scammed out of millions by following Ramsey’s advice, a man who vehement and frequently spoke about his hatred for timeshare companies.
  • Former Ramsey listeners stated they were not aware he was being paid $30 million between 2015 to 2021 to promote the timeshare group, promising listeners a way out of their timeshare burdens.
  • “Ramsey has gained the trust of millions of followers through his long-running radio show, conferences and “Financial Peace University,” a faith-based personal finance program taught in churches around the country,” wrote ReligionNews.
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