Scooter Store Is Wheels Down in Bankruptcy Court

Texas-based power wheelchair, scooter supplier files for Chapter 11 amid fraud allegations.
0:37 | 04/16/13

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Transcript for Scooter Store Is Wheels Down in Bankruptcy Court
If you are hoping to get -- snazzy scooter you may be out of luck the scooter store which offers discounted scooters through Medicare in these infomercials. Is hitting the brakes the company filed for bankruptcy after a federal raid earlier this year and legal troubles forced massive layoffs. Lawmakers slammed the company for pushing scooters on people who didn't need them. Leading to millions of dollars in wasted -- Medicare spending now. The town of new bronze bells and Texas is suing to recover the two point six million dollars in job creation incentives it gave the company. But with the scooter store powering down and filing for bankruptcy that money is probably long gone.

This transcript has been automatically generated and may not be 100% accurate.

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