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    AAA should disclose business-approval fees

    Tue, 03/08/2011 - 01:00 EDT - LA Times

    Members aren't told that repair shops pay $1,000 to $1,200 annually to be listed as a AAA-approved facility. The auto club says the fee covers the cost of inspecting facilities to ensure quality.Jose Gomora runs an auto repair shop in Sherman Oaks. Even if you didn't know that, it'd be easy enough to find out if you were an auto club member and did a search on AAA's website for an approved shop in the Los Angeles area.

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      The SEC, which requested the court order, accuses Bruce Fred Friedman of misappropriating $17 million of investor funds and running an 'ongoing fraudulent investment scheme' through two companies. A federal judge in Los Angeles froze the assets today of a Sherman Oaks investment company operated by a convicted felon who allegedly misappropriated at least $17 million of investor funds for personal use.

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