- Report: #828000
Report - Rebuttal - Arbitrate
Complaint Review: Martin A. Webb
Martin A. WebbP.O. Box 368 Timber Lake, South Dakota United States of America
Martin A. Webb Red Stone Cash, Red Stone Financial, Western Sky Financing, Western Sky Funding, Western Sky, WesternSky.com, Great Sky Finance, GS Finance, Great Sky, GSky, Great Sky Cash, GreatSkyCash.com, PayDay F - Illegal Loans - Timber Lake, South Dakota
*Consumer Comment: Western Sky & Cash Call
*Consumer Comment: FYI
Red Stone Cash is owned by Martin A. Webb, with a disclaimer that it is part of the Cheyenne River Sioux Tribe in order to avoid state laws (ie you must have a license to offer a loan of more than 8% in Colorado. They do not.) As a result, the Colorado Attorney General has filed a lawsuit against Martin A. Webb. Colorado Attorney General files Lawsuit against South Dakota Lender
There are plenty of other lawsuits out there - Maryland, New Hampshire, FTC - just Google his name and you'll see.
If you've been taken advantage of by this company, you need to know your rights: The first thing you need to do is go to your bank and close your bank account and open another one to stop them from taking your money. Next, read up on the Fair Debt Collection Practice Act on Wikipedia. It says that you can send them a letter (send it certified) stating that you dispute the debt and refuse to pay it and they are not to communicate with you any further. If they do contact you, they are liable for up to $1000. Then file a complaint with your state's department of banking.
If we don't put a stop to this, they will keep taking advantage of people.
This report was posted on Ripoff Report on 01/24/2012 05:31 PM and is a permanent record located here: http://www.ripoffreport.com/r/Martin-A-Webb/Timber-Lake-South-Dakota-57656/Martin-A-Webb-Red-Stone-Cash-Red-Stone-Financial-Western-Sky-Financing-Western-Sky-Fun-828000. 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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