December 12, 2007
Hartville, Mo. — A Mountain Grove pawn shop that allegedly violated state consumer protection laws in the issuance of pawnbroker and unsecured loans will pay $5,050 in consumer restitution and $1,000 in costs and expenses under an agreement with Attorney General Jay Nixon. Nixon’s assurance of voluntary compliance with Sharon Rose Larue and Rachelle Lynn Paccassi of Mountain Grove, who do business as Sharon and Shelly’s Pawn, was filed today in Wright County Circuit Court.
Nixon’s office engaged in an investigation of the defendants’ business practices, and through that inquiry determined that the defendants violated the Missouri Merchandising Practices Act in the following ways:
According to today’s agreement, the defendants must abide by all state consumer protection laws regarding pawnbroker, unsecured and title loans. The defendants are also required to pay $5,050 in consumer restitution, $1,000 in costs of the investigation and enforcement of the case and a civil penalty of $1,000. The civil penalty will be suspended pending the defendants’ compliance for one year with today’s agreement and all local, state and federal laws.