Rent-a-husband Allegedly Divorces Investors

Filed under: , , , ,

Home repair contractor Kaile Warren had a rags-to-riches story that was enviable. The former homeless home improver credits "divine intervention" with giving him the idea for a home improvement company and brand name that would ultimately place him on a national stage that included appearances on Oprah, The Tonight Show with Jay Leno, and the CBS Early Show, to name a few.

But according to an investigative report by USA Today, Warren has all but crashed and burned taking more than a dozen investors with him who poured an estimated $4.5 million into his Rent-A-Husband chain of home improvement franchises.

Today, Warren is reportedly more than $3 million in debt with assets of just $145,000, faces investor complaints, one lawsuit, and investigation by the Maine Division of Securities.

Here's a video by USA Today on the story:

Continue reading Rent-a-Husband allegedly divorces investors

Rent-a-Husband allegedly divorces investors originally appeared on WalletPop on Wed, 21 Oct 2009 14:30:00 EST. Please see our terms for use of feeds.

Read | Permalink | Email this | Comments

Post new comment

Type the characters you see in this picture. (verify using audio)
Type the characters you see in the picture above; if you can't read them, submit the form and a new image will be generated. Not case sensitive.