June 12, 2012
Jefferson City, Mo. – Attorney General Chris Koster today said his office has reached a settlement that requires an Oklahoma man to give full refunds to the Missourians who purchased a beef jerky vending franchise that was to donate 25 percent of its proceeds to charity.
James Adam Jenkins, owner of BK Premium Products, sold beef jerky vending franchises for $2,500 and promised purchasers of the franchises that 25 percent of the proceeds would go to one of two charities. Jenkins principally sold the franchise kits to firefighters in St. Louis and Springfield. The settlement resolves allegations that Jenkins neither delivered the materials to operate the beef jerky franchise nor donated any of the $2,500 to charity.
Under the settlement, Jenkins must provide a full refund to any person who requests it. Refund requests must be made by July 30, and can be made to the Attorney General’s Office or to Jenkins.
In addition, Jenkins must make quarterly reports to the Attorney General’s Office that list the total sales, total donations, and charities receiving the donations. Jenkins is required to provide these reports through December 31, 2013.
“I know that many Missourians have placed money in these types of canisters with full confidence that their donations were going to charitable organizations,” Koster said. “It is contemptible that anyone would defraud others in the name of charity, and this office will aggressively go after those who do.”