Lease Financing Group LLC scammed my small business too. The fast talking, high pressure sales person from ICON Payment Solutions pressured a non-authourized person to sign and bind me to a NONCANCELABLE, 60 month, "opressive" lease. LFG claims I will owe them $5,736.70 in exchange for a credit card processing terminal that sales for $350 through the COSTCO merchant services company.
We believe their sales rep. engaged in multiple practices that were unethical and deceptive in order to acquire a signature. He never explained verbally that this was a noncancelable contract. He concealed the written verbage on the top of the page where noncancelable was written -by partially pulling back the overlying pages from the stack. He left items blank that were not filled in until after he left. He chose the title to represent the unautorized person that sgned the lease - representations that are false according to the records of the Arizona Corporation Comission. ICON's sales rep explained to the person that he would complete the lease and get it back to her. He never left us with a copy of the LFG lease. He never sought my approval or signature (owner of the small business) yet claims I am bound to this outrageous contract. We believe there were multiple other verbal and written claims made by phone and by the ICON sales rep in person that are not true, and grounds for this contract to be invalid.
When I learned of this contract I immediately sent LFG & ICON formal letters to release me from this contract. LFG has had years to perfect the scam provisions of this "opressive" lease making it very hard and expensive to fight. This is why we need to coordinate and pool our efforts and resources. I have only just started but my next step is to file complaints against LFG LLC. and ICON with the attorney generals office and BBB in AZ, IL and NY.
The Google search and Ripoff reports on these companies are very informative. They mention the countless complaints against LFG, and some offer solutions. Some suggest closing the bank accounts to stop the withdrawl of money by LFG. I just found out that I have been scammed and am still deciding how best to handle it. Hopefully we can help each other.