ED Magedson – Founder
AMANDA SEMINOFF34085 PACIFIC COAST HWY DANA POINT, California United States of America
This is how their scam works:
The Con-Artist find people who need/want to get rid of their car loan and claim they will find someone to take possession of the owner's car and assume the monthly payments. Once the Con-Artist have possession of a car, they fail to live up to their guarantees!!
They intercept the payment by having the "Permissive User" send the money to a Bank of America account, where Jason and Amanda keep the money and no payment is made to the auto loan. Eventually, the desperate owner wants their car returned, but they refuse, and ultimately the car is reported stolen, only to have the owners of the car now with ruined credit and the unsuspecting "Permissive User" now driving a stolen car.
These people have contracts and know the scam very well. They act very charming and make you feel comfortable. This is all part of their CON!!
Through investigations, Jason Denman and Amanda Seminoff have embezzled thousands and thousands of dollars from innocent people. Also, Amanda Seminoff has been doing this con for a loooong time. She was married to a Michael Horsley which together ran US Auto Management, which have been sued and is no longer in business for running the same scam.
ABC NEWS HAS THE FOLLOW REPORT http://abclocal.go.com/kfsn/story?section=news/local&id=7014668
CBS HAS THE FOLLOWING REPORT http://email@example.com
The DMV is investigating these companies as well as the police and the necessary authorities.
Beware of these people and companies!! They still advertise regularly on craigslist.
This report was posted on Ripoff Report on 09/30/2009 05:19 PM and is a permanent record located here: http://www.ripoffreport.com/r/AMANDA-SEMINOFF/DANA-POINT-California-92629/AMANDA-SEMINOFF-FRESH-START-ENTERPRISES-PREMIER-CAPITAL-US-AUTO-MANAGEMENT-JASON-DENMAN-502327. 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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