• Report: #547670

Complaint Review: Anderson Chase Financial

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  • Submitted: Wednesday, December 30, 2009
  • Last Posting: Wednesday, January 20, 2010
  • Reported By: PAA — San Ysidro California United States of America
Anderson Chase Financial
625 Broadway #611 San Diego California 92101 United States of America

Anderson Chase Financial Lyn Cude-CEO Ripoff Company extraordinairre-Subcontracts loan modifications, collects money; does not pay his employees San Diego, California

*UPDATE Employee: Lies from a fired employee


1Author 0Consumer 1Employee/Owner

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AndersonChaseFinancial, and its CEO, Lyn Cude, and only current employee would obtain Business phone numbers similar to Chase Bank customers, and lead those people on to falsely believe that they were calling Chase Bank; Than during the conversation would falsely claim that they were a preferred affiliate to do loan modifications for Chase.  Sometime, usually not, this ruse worked.

Lyn Cude would hire employees on a momthly basis, promise them benefits and other perks after three months, and never pay a single employee from at least June through September of 2009.  He would collect monies from employees modification sales efforts, pretend that various lawyer firms were withholding monies due him, and never pay any of his employees, or even his sales manager;  Instead when he received monies, he would embezzle same, and fire the employee when salaries, or commissons

were requested.  He currently has at least 4-6 cases before the state of California labor board for non-payment of wages to employees.

Buyer beware; This man should be in jail for theft, at the very least shut down for his unethical business practices.

 

 

 

 

 

This report was posted on Ripoff Report on 12/30/2009 3:06:09 PM and is a permanent record located here: http://www.ripoffreport.com/loan-modification/anderson-chase-finan/anderson-chase-financial-lyn-c-9dede.htm. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.

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1Author 0Consumer 1Employee/Owner
Updates & Rebuttals

#1 Employee

Lies from a fired employee

AUTHOR: False Claims dept - San Diego (United States of America)

This is nothing more than a fabricated story from a former employee who was fired because of insubordination and substance abuse. If you take the time to carefully read the original complaint you will see from the bad grammar and typo's that this person is not competent. Anderson Chase financial is NOT and has never been a loan modification firm. We have never accepted payments from consumers nor executed any agreements with any consumer. Our disclosure policy on our website clearly states we are NOT a loan modification firm and we do NOT offer legal advice. Prior to the passing of California law SB 94 Anderson Chase referred clients to several California law firms, who at that time were in good standing with the California bar association. It has been brought to our attention that one of these law firms has had some financial issues and is being investigated and we are in the process of filing a law suit in the state of California against this firm for non-payment. Anderson Chase simply referred consumers who were interested in hiring a law firm to these law firms. Our phone number is clearly posted on our website and we have no affiliation with Chase bank whatsoever. Our company has been in business long before Chase acquired WAMU. Our website was recently hacked and we have received the I.P. address from the service provider of the hacker and will be prosecuting this person to the fullest extent of the law. We are also in the process of filing a subpoena to this site in order to obtain the I.P. address of the person who posted this false claim and obviously has no proof of such claim.  If you have any additional questions feel free to contact us directly. Our attorneys are more than happy to provide any and all documents to disprove the bogus complaint.    

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