• Report: #712225

Complaint Review: Securtiy Trust Deed Service dba Peninsula Equity Funding

  • Submitted: Wed, March 30, 2011
  • Updated: Tue, December 22, 2015

  • Reported By: Saan — Poway California United States of America
Securtiy Trust Deed Service dba Peninsula Equity Funding
3276 Rosecrans St., Suite 101, San Diego, California 92110 Internet United States of America

Securtiy Trust Deed Service dba Peninsula Equity Funding Kristopher Lee Lingo, William G. Dickey, WGC Real Estate Services, Lenders Trust Opportunity Investments, LLC, Timothy J. Truxaw, Esq., California Trustee Services, Thomas Dandrea Illegal Notarization(Violation Govt. Code 8224); Violation CA Civil Code 2923.5; Predatory Lending Practices Internet

*General Comment: Just FYI

*REBUTTAL Owner of company: Scott Christensen is a complete Liar and Alcoholic

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!

My family and I have been victimized by Kristopher Lee Lingo, Broker-President(RE License# 00672316 & 01291107)and William G. Dickey, Broker-Partner, (RE License #01196449 & 01382564) principals of Security Trust Deed Service dba Peninsula Equity Funding, Inc. Their addresses are: 3639 Midway Drive, #405, San Diego, CA  92110 (this is a Commercial Mailbox) - 5920 Friars Road S206, San Diego, 92108; 3276 Rosecrans Street, Suite 101 San Diego, CA 92110

William G. Dickey, illegally notarized Krisopher Lee Lingo's signature on the Substitution of Trustee, because it is clearly stated on the document the he was a direct beneficiary.  This is a violation of Government Code 8224.  Another notary in their office, M. Simpson, then notarized William Dickey's signature at a later date.  This has caused us to try and fight it court, to our financial detriment.  The courts refuse to acknowledge or consider this violation.  We are a family with school age children and several pets and we are going to lose our home due to this illegal act.  I know that we are not the only victims of these creatures.  They have been doing business in San Deigo for 28 years according to their website.  They claim they have investors, but in actuality they and they family members are the investors as well as member of their so called staff.  (Found this out by documents at the county recorders office and comparing them to the staff listed on their website).  They are all direct beneficiaries of all the loans and foreclosures they commence.  Their attorney Timothy Truxaw misrepresented facts in court and perjured himself, but again the court just ignored the facts.

I have done a brief search in the San Diego County Recorder's office, focusing only on Substitutions of Trustees and have found others that have been notarized in the same manner.  Kristopher L. Lingo and William G. Dickey also notarize each other signatures.  They also use California Trustee Services, Inc. where Thomas Dandrea is the agent.  Address is 3639 Midway Drive, #232, San Diego, CA 92110 (Commercial Mailbox - no actual office address found).

Other business operated by these people include:

WGD Real Estate Services, Inc. William G. Dickey, Manager, Timothy J. Truxaw, Agent of Service
Address: 3639 Midway Drive, Suite B#420, San Diego, CA 92110;3276 Rosecrans Street, Suite 101, San Diego, CA 92110 (Timothy J. Truxaw is also their attorney -15373 Innovation Drive, Sutie 210, San Diego, CA 92128

Lenders Trust Opportunity Investments, William G. Dickey, Manager, Timothy J. Truxaw, Agent of Service - Address 3639 Midway Drive, Suite B#420, San Diego, CA 92110 (commercial mailbox - no actual office address found).

According to Secretary of State Website: Peninsula Equity Funding was dissolved in 1994.  The agent of service was Timothy J. Truxaw.  This business then became Peninsula Equity Funding, Inc.

Both Lingo & Dickey have had their licenses suspended by the DRE in 2007, but since has been reinstated.  I have filed complaints with the Sec. of State Notary Investigation Service, and the DRE, and even contacted my congressman, but to no avail - either they are backlogged, waiting for one agency to finish their investigation, or as my congressman's office put it "not in their jurisdiction."

Any assistance in this matter is greatly appreciated.  This type of situation can set precedent and will be able to help other homeowners/borrowers in our situation.

This report was posted on Ripoff Report on 03/30/2011 10:29 PM and is a permanent record located here: http://www.ripoffreport.com/r/Securtiy-Trust-Deed-Service-dba-Peninsula-Equity-Funding/internet/Securtiy-Trust-Deed-Service-dba-Peninsula-Equity-Funding-Kristopher-Lee-Lingo-William-G-712225. 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 Securtiy Trust Deed Service dba Peninsula Equity Funding

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 1Employee/Owner
Updates & Rebuttals

#1 General Comment

Just FYI

AUTHOR: Mara - (USA)

IF PEOPLE WANT TO RESEARCH THE CALIFORNIA SECRETARY OF STATE SITE:  1) WILLIAM DICKEY'S NOTARY WAS SUSPENED FOR NOTARIZING DOCUMENTS WHERE HE AND HIS BUSINESS PARTNER ARE/WERE BENEFICIARIES; 2)  SAN DIEGO COUNTY RECORDERS OFFICE RE: PROPERITES THAT DICKEY AND LINGO WERE BENEFICIARIES TO ALSO HAVE THEM NOTARIZING EACH OTHER; 3)  PENINSULA EQUITY FUNDING, INC WAS SUSPENDED BY THE SOS AND THE FTB (FRANCHISE TAX BOARD): 

Business Entity Detail

 

Data is updated to the California Business Search on Wednesday and Saturday mornings. Results reflect work processed through Friday, December 18, 2015. Please refer to Processing Times for the received dates of filings currently being processed. The data provided is not a complete or certified record of an entity.

 
 
 
Entity Name: PENINSULA EQUITY FUNDING, INC.
Entity Number: C2051561
Date Filed: 05/05/2000
Status: SOS/FTB SUSPENDED
Jurisdiction: CALIFORNIA
Entity Address: 3639 MIDWAY DR. #405
Entity City, State, Zip: SAN DIEGO CA 92110
Agent for Service of Process: KRISTOPHER L LINGO
Agent Address: 3639 MIDWAY DR. #169
Agent City, State, Zip: SAN DIEGO CA 92110
THIS ISSUE IS THAT THIS BUSINESS AND THE PEOPLE WHO RAN THEM MANIPULATED THE SYSTEM...AND IT'S ABOUT
WHO HAS THE MOST MONEY TO UTILIZE THE COURTS.  THERE WAS LITIGATION AGAINST THIS BUSINESS IN NORTHERN CALIFORNIA AS WELL.  THIS CAN BE FOUND THROUGH THE PACER SYSTEM AS WELL.  THE COURTS ARE NOT GEARED FOR THE GENERAL POPULATION, THEY ARE THERE FOR THE MONEYED CLASS PERIOD.  BEWARE....DO YOUR RESEARCH BEFORE BELIEVING/ACCEPTING A BANKSTERS WORD.  THE BRE AND ALL THE OTHER GOVERNMENTAL AGENCIES THAT ARE SUPPOSED TO BE THERE TO POLICE AND REGULATE UNSCRUPULOUS BUSINESS ENTITIES AND LICENSESS ARE UNABLE TO DO THAT, UNLESS IF IT'S SOMEONE MONEYED/FAMOUS ETC WHO GETS SCREWED.  
Respond to this report!
What's this?

#2 REBUTTAL Owner of company

Scott Christensen is a complete Liar and Alcoholic

AUTHOR: Anonymous - (USA)

Everything written by Scott Christensen is completely false. Anyone can research the records of the San Diego County Superior court and see that three state court judges have ruled against Scott Christensen, and the complaints which he made to every single agency he could think of, together with the serial judicial filings all produced absolutely no results for him, because he was wrong. When he filed his bankruptcy he signed a Grant Deed over to the Bankruptcy Trustee's Office because of his pending Chapter 7 bankruptcy. The BK trustee became the true owner of the Poway property.  So you see, he voluntarily signed over his property without any coercion by anyone. The property had two mortgages with delinquent payments that were in excess of one year in arrears. This is the reason that a state court judge, bankruptcy judge, California secretary of state's office for notary licensing, California department of real estate, Washington Post, San Diego County District Attorney's Office, all confirmed through their communication with us that he had not been mistreated in anyway, and that we were the victims of a Vexatious Litigant. The offenses he has committed by his Predatory Borowering and his fraudulent conduct while he was addicted to drugs and alcohol had thoroughly clouded his thinking.  Indeed he even was evicted from the two following properties he moved to after being forced to vacate the premises in Poway, property which he trashed and had 150% LTV mortgage debt -compared to its value.  All of these agencies and courts were not wrong. That would be impossible for anyone to believe.  

This case was aired out fairly before every tribunal and the media. Mr Lingo and Mr Dickey have moved on and tried to forget Scott Christensen's abusive behvior.  This includes but is not limited to his writing such foul words on the subject property's floors in human feces, that decorum does not permit its description here. He wrote these messages among the numerous (empty) liquor bottles abandoned on the premises.  I will post pictures of the disaster he left tomorrow once this post is finished. This is a true story of honest and hard working California brokers that have helped thousands of people out of financial problems. Onve in awhile there are those drug and alcohol addicted people that are their own worst enemies due to their destructive behovior. Please remember that the proof, validity, and complete veracity of this presentation is provable by anyone using the pacer system or googling the San Diego County Court Index Inquiry. Please compare the numbers of court actions that were required to be used in order to remove Scott Christensen from the premises.  This was long after he no longer owned the property by his own voluntary tranfer of title to the bankruptcy court trustee (approximately a year).  Even after he transferred title he acted as though he was the owner and commenced litigation against honest and hard working brokers. His tirades are conduct which was confirmed by his neighbors, and was no doubt alcohol and drug induced. Please do not believe one single word written by this deranged individual Scott Christensen.

The licensing of the brokers he has wrongly accused has never been suspended at anytime, but merely reviewed for a very minor trust fund issue which did not involve any matters of moral turpitude, and was resolved without any legal action or problems. Everything written here by me is 100 per cent accurate and true.  This information needs to be a part of the permanent record here on this forum to serve as a rebuttal to the horrific slander that appears here due to the rantings of Scott Christensen. We wish him all the best and hope he has found a life of sobriety and clean recovery. We feel that as the hard working businessmen we are, we can forgive his transgressions, especially if he pays us the judgment he owes from the San Diego Superior court now exceeding $10,000.00.

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?
X