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Major Online Retailer Sued for Allegedly Overcharging over 40,000 Customers

Summary by Sydney Morning Herald
In one case, ASIC claims a customer was charged more than $4000, over three years, for a mobile phone that retailed for less than $1500.

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The Australian Securities and Investments Commission (ASIC) has accused online retailer Snaffle of artificially inflating the prices of home appliances and electronics such as washing machines, refrigerators and mobile phones in credit contracts and charging illegal interest fees.

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9News broke the news in Australia on Thursday, May 22, 2025.
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