• Report: #457849

Complaint Review: Lease Finance Group And Ladco Leasing

Thank You

Read how Ripoff Report saves consumers millions.

  • Submitted: Tue, June 02, 2009
  • Updated: Mon, June 15, 2009

  • Reported By:Port St Lucie. Florida
Lease Finance Group And Ladco Leasing
New York And California New York And Santa Babara, New York U.S.A.

Lease Finance Group And Ladco Leasing Liars like Knut Werpen Will Cost You More Than a Lease Payment! Read This! New York And Santa Babara California, Florida, Oregon

*Consumer Comment: FTC update

*Consumer Comment: FTC update

*Consumer Suggestion: Look dude--i have atleast 12 names myself that i have personally helped

*Consumer Suggestion: Look dude--i have atleast 12 names myself that i have personally helped

*Consumer Suggestion: Look dude--i have atleast 12 names myself that i have personally helped

*Consumer Suggestion: Look dude--i have atleast 12 names myself that i have personally helped

*Consumer Comment: Another Ladco/WMP victim

*Consumer Suggestion: Louie--good talkin to ya...keep the faith....we will win

*Consumer Suggestion: Todd McCarthey & Merchant Services Oregon

What's this?
What's this?
What's this?
Is this
Ripoff Report
About you?
Ripoff Report
A business' first
line of defense
on the Internet.
If your business is
willing to make a
commitment to
customer satisfaction
Click here now..

Does your business have a bad reputation?
Fix it the right way.
Corporate Advocacy Program™

SEO Reputation Management at its best!

Check my other report "I Own a Bike Shop and Got Taken for a Ride" for more info on what happen to me personally.
Lets start with the way this individual and others like him operate...
You will be contacted in reference to your credit card processing.
You will be told of the tremendous savings they can offer because of their connection (which they lie about) to Visa/Master Card.
You will have a person show up at your place of business who has been trained to deceive you, show you how much money you can save by processing with his company and that even with the monthly lease payment of $______ you will still see a savings of xxxx dollars.
Sound familiar? Have you been scammed? Want to do something about it? Me too!
If you are approached by a person like this in the state of Florida his name is probably Knut Werpen. He is a dirt bag of the highest degree. He has scammed countless people into this nightmare.
The company Knut works for is called Wholesale Merchant Services/Processing. Todd McCartney is the guy who runs Wholesale. He has gotten rich by outsmarting small business owners and side stepping the law. We just got screwed by the Wall Street fat cats... why put up with this anymore. Lets not let Todd laugh all the way to the bank with our hard earned money! Todd is like a crime boss and the lease companies LFG and Ladco are his muscle. What you get when you do business with these people is thinly veiled extortion. They hold your good name and your credit rating over for ransom. I would like to organize a class action law suite against Knut, others like him and the company they work for. I would also like to see the law changed... a law that allows them the luxury of hiding behind a little loophole you are probably not aware of. Because of way the lease you signed is worded and how the law is structured. The lease companies can wreck your credit, harass you relentlessly, charge for things that were not discussed and seemingly never stop charging you even after the term of the lease. This is a business to business transaction which means you are not protected under the same laws as a general consumer would be. These companies target small businesses based on the fact that we do not have the knowledge or the resources to fight once they have tricked us.
I aim to change that! I want your help. If you have been scammed by these people? If you know where Knut Werpen is? If you can catch one of these guys lying to you on tape? Let me know and we will start to see this kind of predation come to an end. DON"T SIGN ANYTHING WITHOUT READING IT FULLY! Take the time and research the "deal" that is being offered. There are plenty of companies that process credit cards that are legitimate and can offer a better deal without a noncancelable lease attached. Get off your butt, get pissed and don't take it anymore! If we get organized things can change! If you live near the headquarters of Wholesale Merchant Services in Oregon. Organize a group to picket in front of the building. Let's get these guys the attention they deserve... like a nice ambush interview by 20/20 or 60 Minutes (both of which should get letters from you as well... along with a complaint to your state's attorney general).
The name of my business is (((REDACTED))) Contact me if you have any questions, input or information. A little effort on your part can go a long way with fighting these people.

CLICK here to see why Rip-off Report, as a matter of policy, deleted either a phone number, link or e-mail address from this Report.



Sprockets
Port St Lucie., Florida
U.S.A.

This report was posted on Ripoff Report on 06/02/2009 03:28 PM and is a permanent record located here: http://www.ripoffreport.com/r/Lease-Finance-Group-And-Ladco-Leasing/New-York-And-Santa-Babara-New-York/Lease-Finance-Group-And-Ladco-Leasing-Liars-like-Knut-Werpen-Will-Cost-You-More-Than-a-Lea-457849. 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.

Ripoff Report has an exclusive license to this report. It may not be copied without the written permission of Ripoff Report.

Click Here to read other Ripoff Reports on Lease Finance Group And Ladco Leasing

Search for additional reports

If you would like to see more Rip-off Reports on this company/individual, search here:

Search Tips
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?
REBUTTALS & REPLIES:
0Author 9Consumer 0Employee/Owner
Updates & Rebuttals

#1 Consumer Comment

FTC update

AUTHOR: Ladcowmpvictim - (U.S.A.)

Louis, read latest update from Highland Beach. Organization and consistency is the key to fighting these crooks. We need to write complaints to the FTC. My complaint is reference FTC Ref. No. 22759073. Also, fyi, my certified letter to Knut was returned. What a surprise, his card must have a fake address on it.
Respond to this report!
What's this?

#2 Consumer Comment

FTC update

AUTHOR: Ladcowmpvictim - (U.S.A.)

Louis, read latest update from Highland Beach. Organization and consistency is the key to fighting these crooks. We need to write complaints to the FTC. My complaint is reference FTC Ref. No. 22759073. Also, fyi, my certified letter to Knut was returned. What a surprise, his card must have a fake address on it.
Respond to this report!
What's this?

#3 Consumer Suggestion

Look dude--i have atleast 12 names myself that i have personally helped

AUTHOR: Rippedoff - (U.S.A.)

If you two are in, I AM IN...NOW.....Louis or Louie....you have my info. I can be reached 24/7 all summer. Its 2009 and we are all a keyboard away from each other. SO lets do this...I will get all my names and numbers together and I'll bet in 30 days we can get over 100 people on our side.....Yeah!--jason balloon creations urbana illinois
Respond to this report!
What's this?

#4 Consumer Suggestion

Look dude--i have atleast 12 names myself that i have personally helped

AUTHOR: Rippedoff - (U.S.A.)

If you two are in, I AM IN...NOW.....Louis or Louie....you have my info. I can be reached 24/7 all summer. Its 2009 and we are all a keyboard away from each other. SO lets do this...I will get all my names and numbers together and I'll bet in 30 days we can get over 100 people on our side.....Yeah!--jason balloon creations urbana illinois
Respond to this report!
What's this?

#5 Consumer Suggestion

Look dude--i have atleast 12 names myself that i have personally helped

AUTHOR: Rippedoff - (U.S.A.)

If you two are in, I AM IN...NOW.....Louis or Louie....you have my info. I can be reached 24/7 all summer. Its 2009 and we are all a keyboard away from each other. SO lets do this...I will get all my names and numbers together and I'll bet in 30 days we can get over 100 people on our side.....Yeah!--jason balloon creations urbana illinois
Respond to this report!
What's this?

#6 Consumer Suggestion

Look dude--i have atleast 12 names myself that i have personally helped

AUTHOR: Rippedoff - (U.S.A.)

If you two are in, I AM IN...NOW.....Louis or Louie....you have my info. I can be reached 24/7 all summer. Its 2009 and we are all a keyboard away from each other. SO lets do this...I will get all my names and numbers together and I'll bet in 30 days we can get over 100 people on our side.....Yeah!--jason balloon creations urbana illinois
Respond to this report!
What's this?

#7 Consumer Comment

Another Ladco/WMP victim

AUTHOR: Ladcowmpvictim - (U.S.A.)

Louis, as we spoke, you are dead on the money. I mailed a certified letter to Knut's Ft. Laud. address and it was delivered. We need to find a way to accumulate and organize the hundreds of names who are interested in a class action suit. As stated, my daughter has strong ties to two of the largest class action firms in the country. Additionally, in one of my eports I mentioned several agencies that in mass we all need to agressively write formal complaints to. I will never stop re this corrupt scam. A report has been filed with the local PD. I will give you the details later.
Respond to this report!
What's this?

#8 Consumer Suggestion

Louie--good talkin to ya...keep the faith....we will win

AUTHOR: Rippedoff - (U.S.A.)

Anyone out there reading this? You want to beat LFG? Get on this site and post something. We can talk, team up and beat the hell out of LFG and its pimps like wholesale merchant group, and Nationwide credit card processing out of st.louis with reps like Rusty Baker and Sameena Aghi. You want LFG to stop? Contact

Lisa Madigan/Monica Prandi
Illinois Attorney General
Consumer Advocate
100 West Randolph
Chicago Illinois 60616

You'll thank me later people.. :) I am not going anywhere. I have a new hobby:

STOP LEASE FINANCE GROUP
Respond to this report!
What's this?

#9 Consumer Suggestion

Todd McCarthey & Merchant Services Oregon

AUTHOR: Jude - (U.S.A.)

I too know Mr. McCarthey all too well. I had a run in with him a few years ago and filed a complaint with The Federal Trade Commission. I was able to fight my case and get back a small portion of my money. It may take some time but the more complaints they get on these guys...Merchant Services, and Credit Card Leasing Compaines the better. Good Luck. I am still tied up with a lease on a debit card reader that has cost me a fortune!! I learned my lesson.
Respond to this report!
What's this?
Report & Rebuttal
Respond to this report!
What's this?
Also a victim?
What's this?
Repair Your Reputation!
What's this?

Advertisers above have met our
strict standards for business conduct.