• Report: #434490

Complaint Review: WMC MORTGAGE GEMB GE MONEY BANK

  • Submitted: Sun, March 15, 2009
  • Updated: Sun, March 15, 2009

  • Reported By:San Diego California
WMC MORTGAGE GEMB GE MONEY BANK
4245 South Riverboat Road, Salt Lake City, UT, 84123 Kettering, Ohio U.S.A.

WMC MORTGAGE GEMB GE MONEY BANK a company Thomas Edison Would be ashamed of Kettering Ohio

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Jennifer Lee
Sheppard Mullin
333 South Hope Street, 48th
Los Angeles, CA 90071


Jennifer:

We have filed and correctly identified the plaintiff, and the address. My apologies for your inconvenience that we have caused by the mistake.

In the process of seeking relief, we attempted to find out who to pursue. We found out that GE has a tangled web of corporate morass weaved to obscure and avoid accountability. We found that both GE and Hahm have been given an F by the better business bureau and no longer respond to the Better Business Bureau. Both the Rip-Off report and a web search testify to the problem. We found that GE has a practice of porpoising, closing down a a front company and opening a new one to retain assets while shedding liabilities and California Franchise Tax Board taxes.

You have already stated in your letter that the new GEMB, INC is not associated with Joel's claim. The old GEMB, INC, cannot by law represent themselves in a California court and it is a misdemeanor to do so. GE Money Bank did not exist in California at the time of purchase and doesn't exist period in California. GE Money Bank reportedly was filed on August 3th, 2006, in Utah, and then foreign filed in Ohio, in September of 2006. Utah has no record of GE Money Bank as a valid corporation in Utah. Furthermore, your agreement says GE Money Bank (GEMB), however the only fictitious filing for GE Money Bank in California was in 2007, for your now defunct WMC Mortgage (which is by the way not the correct legal name for the company).

You have stated in writing to the court you are not the old GEMB, INC, but a new one. When we actually went to serve the old GEMB California, C1304618 , Bertram Serden, agent for process of service at 9100 Wilshire Blvd #240, Beverly Hills, CA 90212, there was no suite number #240. But there was a suite #200, Fineman West and Company, LLP. Janet the front desk clerk said they used to be #240 and Bertram Serden had been a former partner.

Many GE shell corporate fronts are suspended or forfeited for either tax violations or corporate violations. Generally, I think GE has formed multiple companies commingling assets and effectively is one organization that has a disdain for regulation. GEMB, INC. would argue that they are a holder in due course, but that argument won't hold water. The reason why GEMB, INC., is not a foreign filed corporation is to; enforce plaintiff actions while screening themselves from actions against GE Money Bank, and also to avoid paying California corporate tax on interest profits earned in California.

Modus Operandi. GE has a basic disdain and no deference to law. The company has thumbed its nose at consumers, they have thumbed their nose at California's Secretary of State. They would need to have a California Corporation to pay taxes here. They pissed off consumers. They are a big dog but the biggest dog on any block is California. California shouldn't sue GE. California needs to enjoin GE Money Bank from conducting business in the state of California.

The claim with my brother and credit is pennies. The real money is; qui tam pro domino rege quam pro se ipso in hac parte sequitur. [he] who sues in this matter for the king as [well as] for himself." The king being, Jerry Brown, Attorney General of California- who has one of the highest corporate tax rates, and Ohio, perhaps states where you have been have diverting the profits, and comparatively none. No faux corporate front will shield General Electric from paying taxes and penalties. I am interviewing whistleblower firms as you read this. (Barclays Bank PLC v. Franchise Tax BD. Of California 512 US 298 1994.) Even if untrue, the financial audit and discovery costs may be historic.


Kindest Regards,

Michael Phillips
michaelp@fundamericalending.com

CC: California Franchise Tax Board, Attorney General and State Legislators


WMC ACQUIRED ASSETS CORP.
Number: C1633683 Date Filed: 2/15/1989 Status: suspended
Jurisdiction: California
Address
6320 CANOGA AVE
WOODLAND HILLS, CA 91367
Agent for Service of Process
CORPORATION SERVICE COMPANY WHICH WILL DO BUSINESS IN CALIFORNIA AS CSC - LAWYERS INCORPORATING SERVICE
2730 GATEWAY OAKS DR STE 100
SACRAMENTO, CA 95833

WMC FUNDING CORP.
Number: C1999775 Date Filed: 1/24/1997 Status: suspended
Jurisdiction: California
Address
6320 CANOGA AVE
WOODLAND HILLS, CA 91367
Agent for Service of Process
CORPORATION SERVICE COMPANY WHICH WILL DO BUSINESS IN CALIFORNIA AS CSC - LAWYERS INCORPORATING SERVICE
2730 GATEWAY OAKS DR STE 100
SACRAMENTO, CA 95833

WMC INVESTMENT CORPORATION
Number: C2576594 Date Filed: 2/13/2004 Status: forfeited
Jurisdiction: MARYLAND
Address
1300 19TH ST 5TH FL
WASHINGTON, DC 20039-1609
Agent for Service of Process
CORPORATION SERVICE COMPANY WHICH WILL DO BUSINESS IN CALIFORNIA AS CSC - LAWYERS INCORPORATING SERVICE
2730 GATEWAY OAKS DR STE 100
SACRAMENTO, CA 95833

WMC MORTGAGE COMPANY INTERNATIONAL
Number: C1891340 Date Filed: 6/21/1994 Status: suspended
Jurisdiction: California
Address
6320 CANOGA AVE
WOODLAND HILLS, CA 91367
Agent for Service of Process
CORPORATION SERVICE COMPANY WHICH WILL DO BUSINESS IN CALIFORNIA AS CSC - LAWYERS INCORPORATING SERVICE
2730 GATEWAY OAKS DR STE 100
SACRAMENTO, CA 95833

WMC RESIDCO, INC.
Number: C2224305 Date Filed: 3/16/2000 Status: forfeited
Jurisdiction: DELAWARE
Address
6320 CANOGA AVE
WOODLAND HILLS, CA 91367
Agent for Service of Process
CORPORATION SERVICE COMPANY WHICH WILL DO BUSINESS IN CALIFORNIA AS CSC - LAWYERS INCORPORATING SERVICE
2730 GATEWAY OAKS DR STE 100
SACRAMENTO, CA 95833


GEMB, INC.
Number: C1304618 Date Filed: 4/13/1984 Status: suspended
Jurisdiction: California
Address
9100 WILSHIRE BLVD #240
BEVERLY HILLS, CA 90212
Agent for Service of Process
BERTRAM SERDEN
9100 WILSHIRE BLVD #240
BEVERLY HILLS, CA 90212

California Department of Corporations Business Name Search
No results matched the search term : "GE money bank"
Results for name: GE MONEY BANK

NAME ALREADY IN USE
FICTITIOUS BUSINESS NAME DOCUMENT NO. DATE FILED
GE MONEY BANK 20070053048 1/10/2007 Los Angeles
WMC Mortgage


Application for Funancing Card
This Business Application ("Application") is submitted to obtain merchant processing privileges on behalf of the person or entity listed in the Principal and Business Sections listed above ("Applicant") and I/we (hereinafter the individuals submitting this Application are referred as "I" or "my" or "me") certify that I have read the above provisions and all information provided herein is true and correct. I have the power and authority to execute and deliver this Application and to enter into and consummate the Business Agreement ("Business Agreement") on behalf of the Applicant, and I have been duly authorized to bind the Applicant, by my submitting this Application for processing, to all terms and conditions of the Business Agreement. The number shown on this form is the correct taxpayer identification number for the entity. I acknowledge that this Application is subject to approval by GE Money Bank ("GEMB").
For information about certification of corporate records or for additional corporate information, please refer to Corporate Records. If you are unable to locate a record, you may request a more extensive search by ordering a status report. Fees and instructions for ordering a status report are included on the Business Entities Records Order Form. Certificates and/or certified copies can also be requested using the order form.

So says michaelp with the commercial we address at lmallp. Contact me if you have an issue, I am working on a business doing Section 17200 UCL actions vs GE Money Bank-there is a lot of money here to be made.

Micheal
San Diego, California
U.S.A.

This report was posted on Ripoff Report on 03/15/2009 03:17 PM and is a permanent record located here: http://www.ripoffreport.com/r/WMC-MORTGAGE-GEMB-GE-MONEY-BANK/Kettering-Ohio-45420/WMC-MORTGAGE-GEMB-GE-MONEY-BANK-a-company-Thomas-Edison-Would-be-ashamed-of-Kettering-Ohio-434490. 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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