ED Magedson – Founder
Lease Finance GroupLivingston, New Jersey U.S.A.
Lease Finance Group ripoff, fraud, misrepresentative, threatening, dishonest, predators, a network of scam artists Livingston and at one time in Chicago New Jersey
Shortly after I opened my business a pair of women stopped by my shop. The lead was alluring, charming and revealing. I was offered a system that encompassed my credit card processing, an entire customer identification tracking system and a full public relations support system. I would be receiving state of the art terminals for credit and customer "rewards" cards plus a remote credit card processor. All of the above for only $150.00 a month. On the second visit they presented a lease and said it was not really a lease, just a formality and I was put on the phone with a guy who read the terms. Okay, sounds like a lease but the girls said it was for all of the services. They left. I thought about it and called back the next morning and asked about the "lease." I came to find the lease had nothing to do whatsoever with the company. If the girls disappeared I would still owe the lease. " What? That's $8000.00! for $900.00 worth of stuff. I want to cancel." "You can't," he said. IT WASN'T EVEN 24 HOURRS AND I COULD NOT CANCEL THE LEASES. Then the equipment came. Not what was in the pictures. The another girl showed up with my customer cards. "No, you can't have anything on the back. No we don't do e-commerce processing. No, no, no, the sales girls are always new and don't know what they're talking about." Then, they tried to draw extra funds out of my account and I had to have the bank put a stop payment on them. It has been endless and now, some lawyer has the audacity to say they're taking me to court and that I threatened to kill someone. There are no word to describe Lease Finance Group, they're processing company in Orange County, CA, their collection agency or their Customer Card front company. It is unfathonable that a company like that can stay in business, but then there was a Hitler and an Osam Bin Laden so I suppose anything is possible. FRANK SANTA MONICA, California
This report was posted on Ripoff Report on 11/29/2002 07:51 PM and is a permanent record located here: http://www.ripoffreport.com/r/Lease-Finance-Group/Livingston-New-Jersey-07039/Lease-Finance-Group-ripoff-fraud-misrepresentative-threatening-dishonest-predators-a-36604. 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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