Volkswagen to pay 2.8 Billion for cheating: Who gets that money?
@PatZAnthony (14752)
Charlotte, North Carolina
April 24, 2017 12:37pm CST
Volkswagen is required to pay 2.8 billion dollars for cheating on emissions tests. This was announced by a federal judge in Detroit, Michigan.
Who gets that money? Do you get a portion of this? There is also a civil case that requires Volkswagen to pay 1.5 billion dollars to a government agency.
The photo here was taken by me of one of our dogs not driving a Volkswagen
If any money is owed to you as a Volkswagen owner, be sure you get your money! Somehow we think the billions will just disappear, and many such cases do seem to eat up all the funds.
Lawyers, court costs, etc. are often used as the reason there is no money for you, the consumer.
What do you think will happen with the funds Volkswagen pays?
19 people like this
17 responses
@PatZAnthony (14752)
• Charlotte, North Carolina
25 Apr 17
The attorneys take a huge chunk (as allowed by the courts) and money remaining will be in an account by the government until everyone is paid-or at least that is what is supposed to happen @LadyDuck
1 person likes this
@LadyDuck (458006)
• Switzerland
26 Apr 17
@PatZAnthony Even it this was a "class action" only who joined and signed are supposed to get money. This is how has worked for any class action in the past.
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@PatZAnthony (14752)
• Charlotte, North Carolina
24 Apr 17
Not always the case from what our research shows @just4him
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@1hopefulman (45123)
• Canada
25 Apr 17
That is a good question but I have no good answer. I really don't know!
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@1hopefulman (45123)
• Canada
26 Apr 17
@PatZAnthony So much money is wasted. They should have settled out of court and everybody would be ahead.
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@PatZAnthony (14752)
• Charlotte, North Carolina
1 May 17
@1hopefulman The attorneys would not want that! They rec'd a huge paycheck for this.
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@PatZAnthony (14752)
• Charlotte, North Carolina
25 Apr 17
People who are entitled to some compensation will get part of the money, we know that much. However, @1hopefulman it seems to be a huge amount of money just for the fines/court fees, doesn't it?
1 person likes this
@lovinangelsinstead21 (36850)
• Pamplona, Spain
24 Apr 17
I don´t own such a Car and we have not heard anymore of it since it all came out on the News.
No one has said a word not one word at all.
Hope they do get paid though wherever they are.
1 person likes this
@lovinangelsinstead21 (36850)
• Pamplona, Spain
26 Apr 17
@PatZAnthony
We do think that this is the problem here also as no one is mentioning that they have got paid.
A lot of Fairy Stories told by the News that the money is being handled well and that is about it.
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@PatZAnthony (14752)
• Charlotte, North Carolina
25 Apr 17
Yes, we are hoping also that those deserving money get theirs and it is not sitting in an account held by a government agency.
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@PatZAnthony (14752)
• Charlotte, North Carolina
27 Apr 17
We always wonder about the fines, etc. that are consider court costs. Attorneys get a good bit, but if there is money left, which agency gets that @DianneN
We've heard several things over the years and some answers don't make sense.
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@DianneN (246720)
• United States
28 Apr 17
@PatZAnthony All I know is that we were part of a class action suit years ago and were awarded money. You have a good point there, however.
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@Jeanniemaries (8237)
• United States
26 Apr 17
I would imagine all who owned them will get a notice and some money. Sometimes you have to file for it. My parents had to file for a John Hancock Insurance fraud compensation and my dad did and my mom said she didn't believe anyone would get anything and didn't file. My dad got 20K. My mom was very upset with herself for not filing. I have filed for several and never have seen any money. Our first car was a VW.
2 people like this
@PatZAnthony (14752)
• Charlotte, North Carolina
27 Apr 17
We filed for one years back and got $ @Jeanniemaries
Can imagine your mom would have been hugely upset!
What we wonder is where will any leftover funds go? All of these fines go to some agency in the beginning, but eventually what is left goes where!
1 person likes this
@Jeanniemaries (8237)
• United States
27 Apr 17
@PatZAnthony Oh yes, that would be interesting to find out.
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@TiarasOceanView (70035)
• United States
26 Apr 17
Have no idea Pat, hope some goes to the owners.
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@PatZAnthony (14752)
• Charlotte, North Carolina
27 Apr 17
Yes, that is what should happen @TiarasOceanView
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@Letranknight2015 (51513)
• Philippines
28 Apr 17
They should pay because it will cause problems for future car owners, making them pay for the smoke problem causing pollution.
1 person likes this
@PatZAnthony (14752)
• Charlotte, North Carolina
29 Apr 17
That is happening, but we wonder what happens to any money that is left @Letranknight2015
@PatZAnthony (14752)
• Charlotte, North Carolina
24 Apr 17
Oh, that dog can't reach the pedal or would be the driver here @mom210
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@mom210 (9036)
• United States
25 Apr 17
@PatZAnthony 
That would be quite a sight
That would be quite a sight1 person likes this
@bluesa (15023)
• Johannesburg, South Africa
26 Apr 17
I am not certain what happens to that money, but wouldn't it be nice if people that own a Volkswagen actually get some of it @PatZAnthony . Love the photo! :)
1 person likes this
@PatZAnthony (14752)
• Charlotte, North Carolina
27 Apr 17
Yeah, those entitled should. However, it seems way more money than was needed was required to be paid.
Not defending VW, just wondering which agency ends up with extra money if their acct.
1 person likes this
@MarshaMusselman (38652)
• Midland, Michigan
28 Apr 17
I've never owned one of those so I know I won't get any of it. Who was it blew the whistle on it in the first place? Was it some consumers or the government? If the latter, then I'd think the payment would be to them. What they would do with it I've no clue.
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@PatZAnthony (14752)
• Charlotte, North Carolina
29 Apr 17
Hope it works out for those who should get paid!
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@jillybean1222 (6408)
•
28 Apr 17
i had not heard about this. yes, it's interesting to wonder who will get ht emoney?
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@PatZAnthony (14752)
• Charlotte, North Carolina
29 Apr 17
One the VW owners are compensated, it would see the excess money must go somewhere that has been approved, but where and why @Jillybean1222
@FayeHazel (40248)
• United States
27 Apr 17
I think the $ will be swept under some rug, but I wish some were returned to the owners, maybe they bought VW believing those emissions tests?
1 person likes this
@PatZAnthony (14752)
• Charlotte, North Carolina
27 Apr 17
Yes, the owners believing what VW said will get some from what we understand. Just wondering about whatever is left @FayeHazel
Maybe to those customers too who suffered@PatZAnthony (14752)
• Charlotte, North Carolina
29 Apr 17
The customers will get money, but we were researching what will happen with funds that are left @ShifaLK and did not find a complete answer.
@Shellyann36 (11385)
• United States
3 May 17
The lawyers and the court system and government will get a majority of that money. Of course, who knows how long VW has to actually get it paid off.....
@PatZAnthony (14752)
• Charlotte, North Carolina
25 Apr 17
That is exactly what should happen @jstory07
The rest will just go wherever it does to cover court costs, etc.
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@JohnRoberts (109857)
• Los Angeles, California
24 Apr 17
The lawyers will take a huge chunk. I assume the rest will be divvied among the plaintiffs.
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@PatZAnthony (14752)
• Charlotte, North Carolina
24 Apr 17
The attorneys and court costs are always taken first from what we understand. Hope everyone entitled to something is compensated @JohnRoberts
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