Cable manufacturer fraud convicted?

[Kjeldsen]

Some years ago I read about a british cable manufacture that was convicted for fraud. The cable inside was standard cable from a major brand, and nothing was done to make the cable better. The cable manufacturer sold it as high end speaker cable at many times the standard price.

The company was convicted as i recall, becaus they did no add the value they claimed, and because the price was way over the standard price (1.000 og 10.000 the standard price).

Anyone who can recall this, and maybe link to the article?

 

[JonSnell Electronic]

There have never been many manufacturers of cables in the UK, STC, ITT, Marconi and maybe a few more. I have been in the business for over 45years and I have never heard of this unless you mean a retailer misdescribing cables. There are a lot of those on fleabay.

 

[Kjeldsen]

It was not a real manufacturerer. They just took a standard cable, at put it in a nice wrapping, and told a lot of marketing lies, and sold it at high prices.

 

[jan.didden]

I do remember a case like that, years ago. I don't think they were 'convicted' of anything but were forced to retract their advertising as misleading. IIRC it was in the UK. Don't remember more details.

Jan

 

[SY]

If memory serves, Russ Andrews.

 

[Kjeldsen]

No not Russ Andrews - I know about that case. The case was only about the company claiming they did some value adding, and in reality that did absolutely nothing to improve the standard cable - only the increased the price.

 

[JMFahey]

the company claiming they did some value adding, and in reality that did absolutely nothing to improve the standard cable - only the increased the price.

Dunno, selling something at a higher price than actual cost is the very essence of Capitalism , it runs true even under Communism, and hyping real or imagined benefits of product or service being offered is the very essence of Commerce, Marketing, Publicity, whatever.
By itself, not illegal, quite the contrary, except in some extreme case when actual *damage* is done, and that's very iffy, the case must be very clear.

 

[Gopher]

What is it they say about a mug being born every day? Anyone who's stupid enough to believe all that BS deserves to lose his money.

 

[Kjeldsen]

The company claimed it was their own high end cable with special features, but in reality it was a standard cable. The sales price was several thousand times higher than normal price (not production cost, but normal selling price for that cable). That was the main concerns. I think it was about 3-5 years ago

 

[bambadoo]

Tara Labs was raided in 2004. But that was because they claimed the cables were made in the US - in which they were not.
http://www.digitaltrends.com/home-theater/tara-labs-raided-over-42000-cables-seized/

I guess you are referring to a different maker?

Not many honest, good, hiend cable makers around.

 

[Kjeldsen]

When I read the article, I did not recognice the cable maker by name, so I did not make any further notice of it.