amounts
  • Report: #785958

Complaint Review: Master Financial 2000

Thank You

Read how Ripoff Report saves consumers millions.

  • Submitted: Fri, October 07, 2011
  • Updated: Fri, October 07, 2011

  • Reported By: Barry — Pasadena California United States of America
Master Financial 2000
13547 Venture Blvd, Ste #550 Sherman Oaks, California United States of America

Master Financial 2000 Jason Smith, Marcia Smith Edwards. Nancy Grant, John Sutton SCAM, THIEVES, RIP-OFF ARTISTS..........WITH A SMILE IN THEIR VOICE Sherman Oaks, California

*Consumer Comment: Response

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!

I was contacted by Master Financial 2000 in January 2008, via a us mail solicitation stating that they could collect on a small claims judgement in Pasadena, Ca court, that i had against a former tenant, who caused over $5,000. in damages to my rental home.  The judgement was in the amount of $5,077.00, issued on Feb 15, 2005.  After a brief telephone conversation, i agreed to a signed contract with Master Financial to assign the judgement to them, in exchange for 50% of the whatever they collect.  At the beginning, they took my calls, after I helped them find the tenant and a bank account.  They said they were monitoring her checking account and was waiting for enough cash to be deposited before they would levy the tenant's bank account.  And they they stopped taking my calls, no return calls, and i just let it rest.  Filed the documents in my bad debt file and lived my life.  A few months ago, I ran across the former tenant on line, was very excited, as she now has a high profile job, working for Lady Gaga in Santa Monica,  BINGO, we found her, with a job to garnish wages.  I stated contacting Master Financial 2000, with NO return calls.  I contacted my attorney, who did some snooping with the courts, and it turns out that Master Financial 2000 received payment form the Van Nuys Sheriff's office that Master Financial 2000 received paying in the amount of $4,990.00 in March 2009.  This just set me off.  I kept calling with threats of filing a complaint with the FBI and the Attorney General's office and the Los Angeles Police Dept.  Finally, a contrite Jason Smith, called me an was so apologetic, My file somehow slipped thru the cracks, and that this is not the way they do business, that his business was suffering financially, and that they were on the verge of filing bankruptcy.  I asked for his bankruptcy attorney name, and then he offered to pay me $300. per month, with interest for all the years that they used my money.  I was not happy, but i figured what they h**l, so we hammered out an agreement, that he wrote up, and i had him personally guarantee the note.  The payments were to start Sept 10, 2011 till the total of $3118.00 was paid in full, close to another year of them using my money.  I signed and emailed the agreement back to Jason, Nancy, Marcia and then NOTHING, their fax # is discounted, they work out of a PO Box rental in Sherman Oaks, and NO RETURN CALLS.... What a bunch of scum bags, thieves. and after searching on line, turns out I am not the only one.  I contacted an attorney in Pasadena, who also was ripped off by them, who directed me to file a complaint with the LA COUNTY CONSUMER AFFAIRS, and today I am contacting  the District Attorney, Ariel Deguzman, 213-974-9770, as posted in the previous report about this company.  I am also contacting the FBI and the State Attorney General's office.  They have messed with the wrong guy,  as I will gladly spend all my judgement to hunt these crooks down, and make sure they get a nice suite in JAIL provided by the Judicial system.  If anyone has any information on these crooks, please contact me via email 

This report was posted on Ripoff Report on 10/07/2011 09:43 AM and is a permanent record located here: http://www.ripoffreport.com/r/Master-Financial-2000/Sherman-Oaks-California-91423/Master-Financial-2000-Jason-Smith-Marcia-Smith-Edwards-Nancy-Grant-John-Sutton-SCAM-TH-785958. 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 Master Financial 2000

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 1Consumer 0Employee/Owner
Updates & Rebuttals

#1 Consumer Comment

Response

AUTHOR: Nette - ()

$7848 was taken from my daughter's account for a debt back in 2008 by Master Financial 2000 Jason Smith, It was my daughter's settlement from the loss of her father.  I was told that I should open an account for my daughter as a trust or guardianship so they couldn't take the money out of the account.

All this company did is wait to rack up interest from the judgement which was originally 3200 now with 10% added to it now a whopping $7848.

 

 

 

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.



Ripoff Report Legal Directory